GLOBALIZATION, FEDERAL DIRECT INVESTMENT AND ENVIRONMENTAL SUSTAINABILITYOF GREENFIELD INVESTMENT PROJECTS IN NIGERIA

Haveez Omotayo Ahmadu,

University of Ibadan, Ibadan, Oyo State, Osun State Polytechnic, Iree, Osun State, Federal Polytechnic, Ede, Osun State

Keywords: Globalization, Foreign Direct Investment, Sustainable Development, Emerging Economies, Policy

Abstract

Globalization and foreign direct investment are now key forces shaping sustainable development in emerging economies. This study examined how both factors influence sustainable development outcomes using a quantitative design with regression analysis. The results show that globalization (B = .168) and FDI (B = .628) positively predict sustainable development, with FDI exerting a stronger effect. These findings support Narula and Pineli’s (2020) argument that FDI drives economic transformation and align with Adegbite and Ayadi’s (2022) view that globalization strengthens innovation and institutional capacity in African economies. The analysis suggests that globalization facilitates cross-border integration and knowledge flows, while FDI provides the capital and technological spillovers that more directly enhance development indicators. The study reinforces the relevance of the resource-based view and modernization theory. In practical terms, policymakers need to attract high-quality FDI and manage globalization in maintaining openness while applying strategic regulation to secure long-term development gains. The study therefore recommends that policymakers prioritize the attraction of environmentally responsible FDI, strengthen regulatory enforcement, and align investment policies with sustainability goals to ensure that economic growth does not compromise environmental integrity.

Published

November 2025

ISSUE

VOL.6.NO.2

Citation

Haveez Omotayo Ahmadu, (November 2025). GLOBALIZATION, FEDERAL DIRECT INVESTMENT AND ENVIRONMENTAL SUSTAINABILITYOF GREENFIELD INVESTMENT PROJECTS IN NIGERIA. International Journal of Marketing and Management Sciences,(VOL.6.NO.2), 226 - 244.

APA format

Haveez Omotayo Ahmadu,. "GLOBALIZATION, FEDERAL DIRECT INVESTMENT AND ENVIRONMENTAL SUSTAINABILITYOF GREENFIELD INVESTMENT PROJECTS IN NIGERIA." International Journal of Marketing and Management Sciences, vol. , no. VOL.6.NO.2, November 2025, pp. 226 - 244.

MLA format

Haveez Omotayo Ahmadu,. November 2025. "GLOBALIZATION, FEDERAL DIRECT INVESTMENT AND ENVIRONMENTAL SUSTAINABILITYOF GREENFIELD INVESTMENT PROJECTS IN NIGERIA." International Journal of Marketing and Management Sciences , no. VOL.6.NO.2: 226 - 244.

Chicago format

Haveez Omotayo Ahmadu, (November 2025). "GLOBALIZATION, FEDERAL DIRECT INVESTMENT AND ENVIRONMENTAL SUSTAINABILITYOF GREENFIELD INVESTMENT PROJECTS IN NIGERIA." International Journal of Marketing and Management Sciences, vol. , no. VOL.6.NO.2, pp. 226 - 244.

Harvard format