ABSTRACT
Attempts at attracting foreign direct investment in Nigeria have been based on the
need to maximise the potential benefits derived from them, and to minimise the
negative effects their operations could impose on the country. To this effect, the
federal government of Nigeria has over the years, been employing different incentive
measures, both fiscal and monetary, for the purposes of attracting investors to develop
the economy. How successful have these incentives been?
In this study, “Impact Of Incentive Measures On The Flow Of Foreign Private
Investments: The Study Of Nigeria’s Tax Incentive Policy Measures (2000– 2009)”
the researcher set out achieve four objectives to assess the Nigerian tax environment;
to examine the incentive regimes of the federal government of Nigeria; to study the
trend of foreign private investment in the country, with the objective of ascertaining
its economic impact; and finally, to appraise the effect of the various incentives on
foreign private investment in Nigeria.
The research found that there are several built-in incentives to attract foreign private
investments into Nigeria; that the manufacturing and agricultural sectors were more
favoured in the incentive measures; that the incentive measures were able to boost the
inflow of foreign direct investments; that this increased inflow however, could not
