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Political Leadership, Financial Efficiency and Investment Growth in Nigeria

Author

Listed:
  • Aisha Aliyu Galadanci

    (Sa’adatu Rimi University of Education, Kano)

  • Kabiru Sa’id Sufi

    (Kano State College of Education and Preliminary Studies)

  • Chika Maureen Okaforocha

    (Sa’adatu Rimi University of Education, Kano)

  • Shuaibu Jafar

    (RMK College of Advanced and Remedial Studies Tudun Wada, Kano State)

Abstract

The study examines the influence of political leadership, financial efficiency, trade, FDI and urbanization in Nigeria, using ARDL technique of estimation from 1980 to 2022. The stationarity test outcome shows that all the variable are found stationary and also the bound test found the variable fit for the long run analysis, since they have long run link. The result of the short run estimated outcome illustrates that political leadership, financial efficiency, trade and urbanization rise the level of investment growth in the country. However, FDI is not significant in explaining investment growth in the nation. The long run result reveals political leadership, financial efficiency, trade, FDI and urbanization have significant positive relationship with investment growth in Nigeria. Hence, the study suggest that good governance and promotion of the financial strength through innovative policies, planning and coordination for sustainable investment growth in Nigeria.

Suggested Citation

  • Aisha Aliyu Galadanci & Kabiru Sa’id Sufi & Chika Maureen Okaforocha & Shuaibu Jafar, 2023. "Political Leadership, Financial Efficiency and Investment Growth in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(10), pages 1601-1606, October.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:10:p:1601-1606
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    References listed on IDEAS

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