TRADE LIBERALIZATION AND DOMESTIC PRIVATE INVESTMENT IN NIGERIA

<p>This paper examined the effect of trade liberalization on domestic private investment in Nigeria from 1981 to 2020. To achieve this objective, secondary data investment, openness, exchange rate and interest were sourced statistical bulletin Nigeria’s apex bank. The Autoregressive Distributed Lag (ARDL) technique was used as main analytical tool. ARDL Bounds test revealed existence long-run association among variables. results that openness have positive insignificant relationship with both long short runs. At same time, has a negative Therefore, it concluded there is no significant between rate, during period study. Based findings, study recommended government should formulate policies will encourage growth Nigeria. this, ensure consistency at time strengthen existing build investors’ confidence. Also, make available an investment-friendly environment, well monitor real sector operators foreign allocations are not diverted. Government increase capital education, housing, transportation, agriculture, health, power, road construction, national defense, others help various sectors economy function very thereby making business environment friendly enhance development country.</p><p> </p><p><strong>JEL</strong>: D01; E20; G10</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0031/a.php" alt="Hit counter" /></p>