Tag Archives: Foreign Direct Investment (FDI)

Corporate Taxation and Foreign Direct Investment in Nigeria (Published)

This study examined the relationship between corporate taxation and foreign direct investment in Nigeria from 1970-1980. The annual reports were sourced from the CBN statistical bulletin, NBS and World Bank which were analyzed using Descriptive Statistic, correlation and regression. The independent variable corporate taxation was measured using corporate tax rate (CTR) whilst dependent variable foreign direct investment was measured using FDI net inflow (% of GDP). GDP, exchange rate and inflation rate were used as control variables. The result showed negative significant relationship between CTR and FDI whilst exchange rate and FDI indicated negative insignificant relationship. However, GDP was positively insignificantly related with FDI whilst inflation had positive significant relationship with FDI. Based on the findings, the study recommended that there is need for the government to lo reduce corporate tax rate in order to attract FDI into the country.

Keywords: Corporate Taxation, Foreign Direct Investment (FDI), Nigeria


The study centred on China- Nigeria Relations. China-Nigeria Relation spans a wide spectrum of areas: politics, trade, investment, aid, technology, science, culture, education, health and military. The growing economic ties between China and Nigeria require detailed analysis to determine the prospects and challenges so as to ascertain the benefits on both sides. Qualitative analysis was the main anchor and its descriptive in nature, drawing largely from secondary sources from analytical standpoint. The prospects are: adequate infrastructure in Nigeria through China’s financial resources will improve investment climate in the country, ability to do quality work at a fast rate, simplification of their access to capital, strengthen infrastructure, revive the agricultural sector, china provide trade not aid, Nigerians could borrow from Chinese character of discipline, purposeful leadership and deliverability, China’s investment focus in agriculture, light industry, machinery, infrastructure, construction, information technology and tourism will be added impetus to Nigerian Economy. Nigeria may gain from technical assistance and scientific cooperation. The Challenges are: Domestic firms may lose as a result of lack of competitiveness, trade imbalance, stifles technological transfer, tax evasion, slave wages, poor working conditions, Economic inequality, uncoordinated leadership and policy. Strong pressure must be placed on Nigerian leaders to effectively balance Chinese engagement to maximize growth and opportunity.

Keywords: China, Economy, Foreign Direct Investment (FDI), Infrastructure, Nigeria, Relations, Trade