ABSTRACT
This thesis examines the savings - investment-growth link in Nigeria. It also evaluates the impact of interest rates and non-interest rates structural adjustment reform policies on gross domestic investment. This thesis presents the trends in gross domestic investment and provide reasons why it decreases
over time. This study prescribes relevant policy options and proposes possible areas of further research. This research shows that economic growth in Nigeria is largely a function of the level of gross domestic savings because gross domestic savings determines the financeable rate of gross domestic investment, which in turn is the basic determinant of economic growth. This thesis reveals that interest rates liberalization does not have a negative impact on gross domestic investment
but the non-interest rates structural adjustment reform policies are inversely related to gross domestic investment in Nigeria. This thesis identifies the decreasing savings rate and uncertainty in Nigerian economy resulting from economic and political instability to be the other reasons for the
decreasing growth trends in gross domestic investment in Nigeria.
From the findings of this thesis, the researcher concludes that gross domestic investment will increase if the savings constraints are removed, uncertainty in. business
