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Evaluation of Foreign Direct Investment (FDI) and Public-Private Partnerships Involving Chinese Investment in Nigeria.
Author: 1Eneka, W. A., 2Okwu-Delunzu, V.U. and 3Nnadi, E.O.E.
Publisher: NEWPORT INTERNATIONAL JOURNAL OF SCIENTIFIC AND EXPERIMENTAL SCIENCES
Published: 2023
Section: School of Engineering and Applied Sciences
Abstract
This research work evaluated the Foreign Direct Investment (FDI) and Public-Private Partnerships (PPP) schemes involving
Chinese Investment in FCT Projects, Research objective which guided this work was to compare Chinese investments and PPP
schemes as methods for infrastructure finance in FCT. Research questions were formulated and tested. To carry out the work,
comparative analysis of both investment options was done using the Google Research tool, interviews and an extensive literature
review to evaluate the use of Chinese Investment and Public-Private Partnership (PPPs) in FCT Projects to find out which option
met Sustainability Development Goals (SDG 11) criteria. Findings from the work show that Infrastructure projects are massive, and
complex with multiple stakeholders. The research also found out that Chinese investment has increased Nigerian debt stock and that
infrastructure paucity leads to multiple challenges in Nigeria. The T-test result was less than 0.05, null hypothesis was upheld and it
affirmed PPP as a preferred method of financing infrastructure in Nigeria and recommended for the use of PPPs as the most costeffective
method of infrastructure financing in Nigeria in order to meet up with SDG 11.