Challenges of foreign investments in Nigeria's emerging housing construction industry

The purpose of this study was to explore the challenges of foreign investment in emerging economies, specifically the Nigerian construction industry, using the SLEPT analysis model, an investigation of the social/cultural, legal, economic, political, and technological influences on a business. To obtain data for the research, the work adopted a qualitative method through phenomenological design. The findings revealed numerous challenges and opportunities across cultural, organizational, and governmental levels. Since there are not many phenomenological studies that directly explored the challenges of foreign investment in the Nigerian housing construction industry, across the cultural, operational, and governmental levels of the economy, these results can provide the groundwork for further studies to track foreign investment success and the Nigerian economic development.