Exchange Rate and Foreign Private Investment in Nigeria

Abstract

Exchange Rate is identified as the most important determinant of Foreign Private Investment in Nigeria and should therefore be given due attention in order to maximize all the benefits accrue to Foreign Private Investment in Nigeria. It can be said that some reform policies of government with regards to Foreign Private Investment have been successful in attracting foreign investment inflows in Nigeria. Our paper examined literature on the effect of exchange rate and foreign private investment and concluded that foreign investment would flow freely only if the investment policies are considered investor – friendly.

Keywords: Exchange Rate, Foreign Private Investment, Nigeria