To an extent FDI is beneficial for developing countries because when Multinational Companies enter these countries, they encourage education and overall development in the country. These companies transfer skills and knowledge to the local people. The development of the local people is not only beneficial for the MNCs but also for the country itself because the increase in education will increase the overall welfare of the people in the country. For example, the HDI of Nigeria has increased significantly since Shell has started operating in the country; it is now in the medium human development index.