In Nigeria, are foreign investors helping to reduce poverty or they are compounding more problems to the Nigerian economy? How do you think these foreign investors help to promote the economy?
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Well foreign investment has some positive and some negative points.Due to Foreign investment countries like Nigeria have much more funds or resources available to them, so that they may use these funds or resources to build hospitals or roads and much more.It also helps them to cope with their economies different problems.So to answer your question yes it does help.But every country has a motive in helping others.This may be in the form of resource seeking,market seeking or just to build bridges between countries.Furthermore these type of investments always have strings attached to them meaning there is always a stipulation.So there are problems for a country such as Nigeria but investment is very important for its survival and advancement.
answered 4 months ago
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