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The main aim of the research is to examine the impact of Foreign Private Investment (FPI) on poverty situation in Nigeria using secondary data from 1981 to 2010. The study employs Ordinary Least Squares (OLS) regression technique and other diagnostic tests such as unit root test for stationarity and co- integration. Findings from the study reveal that the variables are co integrated and stationary at first difference. The long run regression result shows that there exist a positive relationship between Foreign Private Investment and Per Capita Income in Nigeria. Thus, foreign capital reduces the prevalence of poverty in Nigeria. The study thus, recommends: creation of conducive domestic environment, transparent judicial system and redirecting inflow of foreign capital to poverty reducing sectors such as agricultural sector, education, health and power for meaningful and effective poverty reduction in Nigeria..`

Foreign Private Investment and Poverty Situation in Nigeria 1981 To 2010: An Empirical Evidence