The political economy of nigeria – china relations 1999 – 2010

 

Table Of Contents


  • <p> Title Page — — — — — — — — — i<br>Approval Page — — — — — — — — ii<br>Dedication — — — — — — — — — iii<br>Acknowledgment — — — — — — — — iv<br>Abstract — — — — — — — — — vi<br>List of Tables — — — — — — — — — vii<br>List of Figures — — — — — — — — viii<br>Abbreviations — — — — — — — — ix<br>Table of Contents — — — — — — — — xi<br>

Chapter ONE

INTRODUCTION

  • <br>
  • 1.1Introduction — — — — — — — — 1<br>
  • 1.2Statement of Problem — — — — — — 7<br>
  • 1.3Objective of Study — — — — — — — 9<br>
  • 1.4Significance of Study — — — — — — 9<br>
  • 1.5Literature Review — — — — — — — 10<br>
  • 1.6Theoretical Framework — — — — — — 21<br>
  • 1.7Hypotheses — — — — — — — — 24<br>
  • 1.8Method of Data Collection — — — — — — 24<br>

Chapter TWO

LITERATURE REVIEW

  • THE ORIGIN AND DEVELOPMENT OF NIGERIA-CHINA RELATIONS<br>
  • 2.1Introduction — — — — — — — — 28<br>
  • 2.2The Evolution of Nigeria – China Relations — — — 28<br>
  • 2.3Bilateral Relations 1960 to 1998 — — — — — 31<br>
  • 2.4Bilateral Relations, 1999 to present — — — — 33<br>

Chapter THREE

RESEARCH METHODOLOGY

  • THE DETERMINANTS OF NIGERIA-CHINA RELATIONS<br>
  • 3.1Identification of the Key Main Factors — — — — 37<br>
  • 3.2Trade in Goods/Services — — — — — — 38<br>3.
  • 2.1Gainers and Losers from Increased Nigeria-China Trade — 41<br>
  • 3.3Investment Flows — — — — — — — 42<br>3.
  • 3.1Potential Benefits of Inflow of Chinese FDI — — — 48<br>
  • 3.4Aid/Technical Assistance — — — — — — 49<br>

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • THE IMPACT OF ECONOMIC REFORMS ON TRADE RELATIONS BETWEEN NIGERIA AND CHINA<br>
  • 4.1Economic Reforms — — — — — — — 57<br>
  • 4.2Overview of Nigeria – China Reforms — — — — 58<br>
  • 4.3The Fundamental Disparities between the Chinese and the Nigerian Economic Reforms — — — — — — — 62<br>4.
  • 3.1The Architect of the Reforms — — — — — 63<br>4.
  • 3.2The Methodology of Implementation — — — — 63<br>4.
  • 3.3The Political Will, Stability and Vision — — — — 64<br>
  • 4.4Economic Overview of Nigeria-China Economies — — 65<br>
  • 4.5Bilateral Trade — — — — — — — 71<br>4.
  • 5.1Oil and Gas — — — — — — — — 72<br>4.
  • 5.2Power — — — — — — — — — 75<br>4.
  • 5.3Construction — — — — — — — — 77<br>4.
  • 5.4Communications — — — — — — — 78<br>4.
  • 5.5Manufacturing and Retail — — — — — — 79<br>
  • 4.6Chinese Investment and Trade Patterns today — — — 80<br>
  • 4.7Trade between China and Africa — — — — — 83<br>
  • 4.8Chinese Industrial Development and Policies — — — 85<br>
  • 4.9Common Features of Chinese Investment and Trade in Africa — 87<br>

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • THE IMPACT OF ECONOMIC REFORMS ON DIRECT FOREIGN INVESTMENT IN NIGERIA AND CHINA RELATIONS<br>
  • 5.1China-Nigeria Investment Relations — — — — 90<br>
  • 5.2Bilateral Investment Treaties between China and Nigeria — 92<br>
  • 5.3China and Nigeria Investment Policies — — — — 95<br>5.
  • 3.1Nigeria Investment Policy — — — — — — 96<br>5.
  • 3.2Overview of Recent Developments in China’s FDI Policy — 98<br>
  • 5.4Chinese FDI in Africa and Nigeria — — — — — 102<br>5.
  • 4.1Chinese FDI Inflows to Nigeria — — — — — 102<br>5.
  • 4.2Structure of China-Nigeria Investment — — — — 104<br>
  • 5.5Characteristics of Chinese FDI and Loans in Africa and Nigeria– 107<br>
  • 5.6Benefits and Challenges of Investment Relations between China and Nigeria– — — — — — — — 109<br>5.
  • 6.1Potential Gainers and Losers — — — — — 111<br>
  • 5.7Opportunities and Challenges for Nigerian Sectors — — 112<br>
  • 5.8An Agenda for Future China-Nigeria Economic Relations — 113<br>
  • 5.9The Future Prospects of China – Africa Economic and Trade Relations– — — — — — — — 114<br>CHAPTER SIX: SUMMARY, RECOMMENDATIONS AND CONCLUSION<br>
  • 6.1Summary of Major Findings — — — — — 119<br>
  • 6.2Recommendations — — — — — — — 122<br>
  • 6.3Conclusion — — — — — — — — 124<br>References — — — — — — — — 127 <br></p>

Project Abstract

<p> The relation between Nigeria and china has grown so much in recent years. This relation is governed by agreements which cut across political, trade, investment, aid, technical and military. The implementation of these agreements is uneven as China is strategically on the advantage side and Nigeria perpetually on the disadvantaged position. Therefore, the study examines the key features and patterns of the economic relations between Nigeria and China in order to establish an understanding of the impact of this relationship specifically to identify and examine the determinants of Nigeria–China relations; assess the relationship between economic reforms and the increase in trade between Nigeria and China; critically examine the relationship between economic reforms and increase in foreign investment between<br>Nigeria and China. The study was guided by three research questions and three hypotheses. To analyse the issues raised, the study was anchored on the dependency theory. The research relied heavily on secondary source of data in order to substantiate the research hypotheses. The findings after a detailed review of the existing literature and analysis of available data were Nigeria’s exports to china have been dominated by oil exports with few non-oil exports finding their ways into China; import concessions and preferential treatments granted to Chinese investors at the expense of Nigerians created a loss in revenue; Chinese manufacturers have gained at the expense of Nigeria because of their ability to produce and export cheap products to Nigeria thereby undermining Nigeria’s industrializations efforts. It is thus suggested that the Nigeria economy be diversified; exports and dependence on oil exports be balanced with other resources untapped; the local industries in Nigeria be given home grown policy protection in order to compete favourably with the Chinese manufacturers to boost industrialization efforts. <br></p>

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