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Abstract


Over the past several decades, the economies of the world have become greatly connected
through international trade and globalization. The trade relations between Nigeria and China
have grown in recent years. Overtime, researchers have contributed on the Nigeria-China
relations with interest on foreign aids, balance of trade, foreign direct investment and trade
policies between the two countries. Most of them anchored their explanation on dependency
theory. They pay less attention in explicating the relations in terms of mutual benefits arising
from the relations. However, this study examined Nigeria-China trade relations and economic
development in Nigeria in order to establish an understanding of the impact of Nigeria-China
bilateral agreements on the volume of Chinese trade with Nigeria and to establish a link between
the increase in the volume of Nigeria-China trade on economic development in Nigeria. The
study was guided by two research questions: Has the Nigeria-China bilateral trade agreements
enhanced the volume of Chinese trade with Nigeria? Has the increase in the volume of NigeriaChina trade enhanced economic development in Nigeria? To analyze the issues and questions
raised, the study was anchored on the theory of complex interdependence. The study adopted the
qualitative method of data collection and analysis; it relied on secondary sources of data. The
study found that Nigeria-China bilateral trade agreements had a positive impact on the volume of
Chinese trade with Nigeria; and more so, the increase in the volume of Nigeria-China trade
enhanced economic development in Nigeria within the period of study. The study recommended
that the Nigerian government should utilize its own talent by pooling together leading scholars,
officials, businessmen and civil society representatives to form a committee dedicated to
prescribing ideas on how to optimize Chinese engagement.

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TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgements iv
Abstract vi
Table of Contents vii
List of Tables and Figures ix
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study 1
1.2 Statement of the Problem 6
1.3 Objective of the Study 9
1.4 Significance of the Study 9
CHAPTER TWO: LITERATURE REVIEW
2.0 Introduction 11
2.1 International Trade 11
2.2 Nigeria-China Bilateral Relations and Volume of Trade 15
2.3 Nigeria-China Trade Relations and Economic Development 21
CHAPTER THREE: METHODOLOGY
3.1 Theoretical Framework 32
3.2 Hypotheses 35
3.3 Research Design 36
3.4 Method of Data Collection 37
3.5 Method of Data Analysis 38
3.6 Logical Data Framework 39
CHAPTER FOUR: ORIGIN AND DEVELOPMENT OF NIGERIA-CHINA
RELATIONS
4.1 Introduction 41
4.2 Evolution of Nigeria-China Relations 42
4.3 Nigeria-China Bilateral Relations 1960-1998 46
4.4 Nigeria-China Bilateral Relations 1999-2013 48

4.5 The Need for Nigeria and China Relations 51
CHAPTER FIVE: THE IMPACT OF NIGERIA-CHINA BILATERAL
TRADE AGREEMENTS ON VOLUME OF TRADE
5.1 Trade between Africa and China 55
5.2 Common Features of Chinese Trade and Investments in Africa 52
5.3 Nigeria-China Trade in the Oil and Gas Sector 59
5.4 Nigeria-China Trade in the Power Sector 63
5.5 Nigeria-China Trade in the Construction Sector 65
5.6 Nigeria-China Trade in the Communication Sector 66
5.7 Nigeria-China Trade in the Manufacturing/Retail Sector 67
5.8 Bilateral Trade Agreements between Nigeria and China 70
5.9 The Volume of Trade between Nigeria and China 79
CHAPTER SIX: THE IMPACT OF NIGERIA-CHINA TRADE ON ECONOMIC
DEVELOPMENT IN NIGERIA
6.1 Introduction 80
6.2 Impact of Chinese Companies in Nigeria on Economic
Development in Nigeria 81
6.3 The impact of Chinese Loans and Aids on Economic
Development in Nigeria 85
6.4 The impact of the Telecoms Sector on Economic Development
In Nigeria: The Role of Chinese Trade with Nigeria 94
CHAPTER SEVEN: SUMMARY, CONCLUSION AND RECOMMENDATIONS
Summary 99
Conclusion 101
Recommendations 103
BIBLIOGRAPHY 106

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