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ABSTRACT
The study analyzes the impact of gross fixed capital formation on the economic growth of Nigeria. Economists have observed that the impact of gross fixed capital formation is important to a country's growth. However, there exist low level of capacity utilization in Nigeria. The main objective of this study is to observe the level of private and government investments in the segment which has been pointed out to be inadequate and insignificant. There exists a positive relationship between growth in gross fixed capital formation and overall economic growth. The study recommends that Governments should introduce different programmes to enhance productivity such as; provision of credit facilities to private individuals willing and able to invest, placing more social structures that will help to enhance (facilitate) the process. More efforts should be targeted in increasing the stock of gross fixed capital formation so as to generate an increase in economic output and move economy to desired heights.
