Entrepreneurship contribution of foreign direct investment: A reality of unfulfilled vision in Nigeria

The direct foreign intervention in business has been an over flogged issue for quite some decades especially in major public and corporate organizations in Nigeria, but not much was noticed from entrepreneurship contribution of foreign direct investment in the country. This paper therefore seeks to examine how real is the contribution of foreign direct investment to entrepreneurship in Nigeria, using descriptive method of analysis. The analysis reveals only the evidence of significant domination in oil and gas and oil servicing industries, which mainly accounted for the unabated level of unemployment of both human and material resources. In addition, the study also discovered that the indigenous know-how among local artisans is also less competitive. The study therefore concludes that the entrepreneurship contribution of foreign direct investment is highly insignificant to realize the vision of government in Nigeria and suggest more participation and contribution of foreign entrepreneurs to support the industrialization efforts of the country.