ABSTRACT

This study focuses on the Nigeria-china trade and economic relations from 2001-2013. This study examined the Nigeria-china trade and economic relations, trade, international trade, Nigeria-china bilateral relation and volume of trade and also Nigeria-china relations on economy and also the impact of Nigeria-china agreement and volume of trade. Also, the study makes use of dependency theory. The study was guided by two research questions; has the Nigeria-china bilateral trade agreement enhance the volume of Chinese trade with Nigeria? Has the increase in the volume of Nigeria-china trade enhanced economic development in Nigeria? To analyze the issues and questions raised, the research made used of questionnaire to generate the primary data from the respondents and also adopted the theory of complex interdependence and the theory of unequal exchange. The study also adopted qualitative method of data collection and analyses, and it relied on secondary source of and primary data e.g. questionnaires, textbooks, journals and articles etc. The study found that both countries trade agreement had a positive impact on the volume of Chinese trade with Nigeria, and more so the increase in the volume of both countries trade enhance economic development in Nigeria within the period of study. Therefore, the study recommended that Nigeria’s relationship with China should henceforth reflect a profound understanding that our basic national objectives are long-term and that Nigeria should diversify its economy as well as create an enabling business environment to encourage Chinese and other investors