The Effect Of Tax Incentives On Foreign Direct Investment In Nigeria: Evidence From Ekiti State.
Keywords:
Tax incentive attract foreign investors and promote economic growthAbstract
Abstract
This study examines the effect of tax incentives on foreign direct investment (FDI) in Ekiti State, Nigeria., Nigeria. A quantitative research design was employed, and data was collected from relevant sources. The results reveal that tax incentives have a significant positive effect on FDI (0.56), indicating that tax incentives play a crucial role in attracting FDI. In addition, infrastructure quality was found to be positively effected on FDI (0.34), while security incidents had a negative effect on FDI (-0.21). The regression analysis confirms these findings, highlighting the importance of tax incentives and infrastructure quality in predicting FDI . The study's results have important implications for policymakers, suggesting that a comprehensive approach that includes tax incentives, infrastructure development, and security measures is necessary to attract FDI and promote economic growth. The findings contribute to the existing literature on FDI and tax incentives, providing evidence-based recommendations for policymakers to create a more attractive investment climate in Ekiti State and Nigeria.
Keywords: Tax Incentives, Foreign Direct Investment (FDI), Infrastructure Quality, Security Incidents, Ekiti State, Nigeria
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Copyright (c) 2025 Lawrence Tayo Omotoso, Ajala A.M, Rotipin M.M (Author)
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