Мухаммед Умар Инува роль транснациональных корпораций

 
 
Introduction 
Nigeria as Africa's largest economy 
has put in so many efforts in order to at-
tract foreign investors, as of today Nigeria 
is still among the top five largest recipients 
of FDI in Africa. In order to elaborate for-
eign direct investment policy Nigeria still 
seeks to diversify its revenue base with the 
active participation of transnational corpo-
rations (TNCs) in order to reduce to over-
dependence on oil. According to (Ajayi, 
2006), Foreign direct investment contrib-
utes to growth in a substantial manner be-
cause it is more stable than other forms of 
capital flows. Tang, Selvanathan and Sel-
vanathan (2008), state that transnational 
corporations (TNCs) diffuse technology 
and management know-how to domestic 
firms. Accomplishment of government 
policies of stimulating the productive base 
of economy depends mainly on her ability 
to attract satisfactory level of foreign in-
vestment [1]. For a consuming economy 
like to reshape into a supply economy re-
quire the heavy duty presence quality pro-
duction capacity which can mostly be en-
gineered by FDI. Investment environment 
is a key factor for foreign investment and 
infrastructural availability is another major 
booster that multiplies the threshold of 
Foreign Direct Investment in developing 
economy like Nigeria.
Continuity in government policy 
agreement and execution is another major 
factor that will trigger investment. Howev-
er, various government administrations 
have solicit for foreign investment in Nige-
ria by entering into all necessary manners 
of agreement, but the question is what are 
infrastructural level of Nigerian govern-
ment to attract foreign investment and how 
has such expenditure boosted economic 
growth for foreign investment to thrive. 
Caves (1996) considers that efforts made 
by various countries in attracting foreign 
direct investments are due to the potential 
positive effects that this would have on 
economy. FDI would increase productivi-
ty, technology transfer, managerial skills, 
know-how, international production net-
works, reducing unemployment, and ac-
cess to external markets.