Analysis of Crime Control and Foreign Direct Investment in Nigeria

Abstract

This study analyses the impact of crime control on the performance of Foreign Direct Investment (FDI) in Nigeria. To obtain the objective of appropriate policymaking, secondary data covering 1996 to 2017 was utilized. This study employed multiple econometrics regression techniques (MERT) using econometrics view for the analysis. Unit root test was carried out to overcome spurious results and most of the variables became stationary at first difference. The results revealed that defense vote does not exhibit correct signs based on a priori criteria and has no significant impact on the performance of FDI in Nigeria. Furthermore, the internal security vote and corruption index of Nigeria conform to the a priori criteria and both have positive and negative impact on FDI inflows to Nigeria respectively. Meanwhile, the R2 (0.71) and