International records / OpenAlex research

Foreign Direct Investment, Agricultural Output and Nigeria’s Economic Growth

Purpose: This study assessed the impact of foreign direct investment, agricultural output on Nigeria's economic growth.Design/methodology approach: Secondary data used for the work was obtained from the Central Bank of Nigeria statistical bulletin 2024, National Bureau of Statistics and World Development Index WDI.The scope of study spanned from 1981 to 2024.The Autoregressive Distributed Lag (ARDL) was used to run the data analysis and it was discovered that the foreign direct investment had a negative relationship with the economic growth in the short run and a positive relationship in the l…