Introduction
The 1980s was a period of a remarkable increase in the flow of investment in the whole world. Within that decade, the summation of outflows in terms of capital increased by nearly 30 percent, which is thrice the amount that the world exports within such a period (Bello 2013). The 1990s also indicated further growth and improvements compared to its predecessor. In spite of the increasing flow of investment towards the developing economies, countries within the Sub-Saharan region of Africa still lag behind in terms of the areas attracting investment by foreign companies and multinational corporations (Kachikwu 1981). Foreign Direct Investment (FDI) ...