Abstract
This paper examines the impact ofdomestic
investment on economic growth in Nigeriafrom 1981 - 2018. The objective ofthe
study is to look at the impact ofdomestic investment on the economic growth in
Nigeria and to take a look at effect ofgovernment expenditure on the economic
growth in Nigeria. Secondary data were collected based on the model used in the
research work and unit root test was conducted on the data to test their
stationary, after which we perform co-integration test to analyze the long run
relationship among the variables. The result obtained from our empirical
analysis shows that private domestic investment have a positive significant
impact on the economic growth in Nigeria. The study therefore recommend that
there is a needfor government to create enabling an environment for domestic
investment to rise through the adoption of macroeconomic policies which will
boost investment opportunities in the economy thereby contributing to the
growth ofthe economy. ! ,'VSI .
Keywords: Domestic investment, Government, Nigeria, Expenditure, Economic Growth, | Macroeconomic
NWOKENTA, C (2025). Impact Of Private Domestic Investment On Economic Growth In Nigeria :- Nwokenta Victor C.. Repository.mouau.edu.ng: Retrieved May 31, 2025, from https://repository.mouau.edu.ng/work/view/impact-of-private-domestic-investment-on-economic-growth-in-nigeria-nwokenta-victor-c-7-2
C., NWOKENTA. "Impact Of Private Domestic Investment On Economic Growth In Nigeria :- Nwokenta Victor C." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 27 May. 2025, https://repository.mouau.edu.ng/work/view/impact-of-private-domestic-investment-on-economic-growth-in-nigeria-nwokenta-victor-c-7-2. Accessed 31 May. 2025.
C., NWOKENTA. "Impact Of Private Domestic Investment On Economic Growth In Nigeria :- Nwokenta Victor C.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 27 May. 2025. Web. 31 May. 2025. < https://repository.mouau.edu.ng/work/view/impact-of-private-domestic-investment-on-economic-growth-in-nigeria-nwokenta-victor-c-7-2 >.
C., NWOKENTA. "Impact Of Private Domestic Investment On Economic Growth In Nigeria :- Nwokenta Victor C." Repository.mouau.edu.ng (2025). Accessed 31 May. 2025. https://repository.mouau.edu.ng/work/view/impact-of-private-domestic-investment-on-economic-growth-in-nigeria-nwokenta-victor-c-7-2