Интернет-журнал «НАУКОВЕДЕНИЕ» Investment Climate in Nigeria: Effects on Nigeria's Economic Development (original) (raw)

Abstract. This research examines the investment climate of Nigeria and the effect it could have on economic development. Primary data were gathered randomly form investors and quantitatively analyzed using Likert scale and T-test to determine the authenticity of the hypothesis proposed in the questionnaire. The result shows that the Nigeria culture and value system have positive impact on Nigeria investment climate, the financial institutions in Nigeria are efficient and able to drive a positive investment climate, the Nigeria stock exchange is efficient, it is not difficult to acquire real estate for business purpose in Nigeria at affordable prices, communication channels like email, telecommunication etc. are efficient, the possibility of natural disaster is very low, and it's not difficult to get credit facilities. On the negative front, security threats is an impediment to free movement, infrastructures like roads, railways, airports, sea-ports and electricity are inadequat...