Nigeria‘s prospect since after the independence on 1st October 1960 was to achieve suitable democracy and economic prosperity, after few years of executing the policies it path the way to a credible economic development for the African most populous nation (Nigeria). On 29th may 1999, after decades of corruption, mismanagement of funds, and also political instability, the governments of Olusegun Obasanjo as at then work hard to solve the problems. The nation that is known by its natural resources was recorded as the economy with huge external debt, records was shown by World Bank, Nigeria was ranked as a country with middle-income in the 1980s the country‘s (GNP) per capita was $260 as at 1997 while in other sub-Saharan Africa countries the average per capita gross national product was $500 with $350 as low-income. In 1960 the real terms level was higher compared to the nation per capita income in the year 1997, the level of population growth was massively increasing in recent years so the level of economic growth couldn‘t keep the pace and was estimated to be 2.8 percent per annum. 100 million of citizens in Nigeria are living below the poverty line index, even the country‘s endowment such as human capital and natural resources are making little progress to the social and economic development. In Nigeria, life expectancy in 2017 was 53 years and illiteracy adult population was 40 percent. (Obadina, 1999, p. 8) The nation has preserved indigenous imbalances and was regarded as a regional player in Africa; Nigeria population in West Africa was 47 percent as at 2017 also has one of the youth populations in the world. There are different cultures and ethnical diverse community with 36 states within the country, regarded as the largest crude oil exporter, and likewise the nation in Africa with the largest gas reserves. (GECF, 2018) In 2015 after the 5th national elections, Nigeria was conceding in the history whereby the previous government accepted defeat and transferred political power to the incumbent government. President Muhammadu Buhari government is the incumbent under the political party of All Progressive Party (APC) before the government was elected into power they promised to fight against corruption, boost and diversify the economy, enhance well standard of living, resolving unemployment issues, electricity supply, and increasing security level. Nigeria (GDP) gross domestic product increase at an average rate of 5.7 percent per annum, the 2006 increase of oil price in the world brought the economic growth up to 8 percent and later dropped to -1.5 percent in the mid-2016. In recent years Nigeria‘s economy has been better compared to 1970s -1980s oil boom price in the World, according to World Bank the national economic growth is highly dominated by the oil price. Thus, in mid-2014 the nation‘s economic growth was tempered due to the fall of oil price in the world market this situation increase the price level of goods in Nigerian. The unexpected rise in oil price in 2014 left the government without any clue than to build institutional reforms and policies that will be non-oil economy which will be an option to solve the problem of the decrease on the oil price. In 2017 the nation has regained economic growth in the second quarter after having several obstacles in the 5 replicable quarters; the government focused on rebranding its policies on promoting growth, diversification of the economy, increasing the level of employment. The Nation‘s gross domestic product increase for the first time from negative percentage of -1.5 in 2016 to positive percentage of 0.6 in the first quarter of 2017, the determinants of the change on the economy was due to the good policies made by the current government which is focus on the growth of agriculture, and non-oil industries. A bench-mark has been place on the recovery of the nation‘s economic growth during the 2nd quarter of the previous year 2017 up to an average of 1.0 percent, in respect of the continue diversification policies in non-oil industries, suitable agricultural growth, and the recovery of oil price nation-wide also with the help of other foreign direct investors supporting the imports and exports activities. The current government set goals of gross domestic product reaching up to 2.8 percent of its economic growth, implementations were carried out to speed up the reforms plan from the year 2017- 2020 estimated. (The World Bank, 2017) The aim of writing this thesis paper is to focus on three main issues that are causing a lot of challenges to the economic development of Nigeria:

1. The first, terrorism attacks, and the policy that the government is making to create a secure location for investment for both local investors, and foreign direct investors.
2. The second, foreign direct investment; in Nigeria using foreign direct investment as mechanism for expanding business activities with other developed, developing or underdeveloped countries. The third, infrastructure; contribution of infrastructure to the nation‘s economic development and future prospect focusing on some useful areas such as: (Clean water, Sanitation, and constant electricity supply).