Dynamics of China-Nigeria Economic Relations Since 1971
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Date
2014
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Historical Society of Nigeria (JHSN) Vol. 23
Abstract
By 1960, China recognized that Western Imperialism was a threat to the continent of Africa. She provided an alternative trajectory by offering bilateral trade relations that would foster development in the continent. China’s offer, over the years, eventually snowballed into the Sino-Nigeria Economic Relations in 1971. This diplomatic relationship, now over forty years old, has yielded more benefits to Nigerian than those she had with her conventional Western partners. However, like every other mutual relationship, China—Nigeria ties had also been bedeviled by a number of factors, which largely derive from the challenges inherent in the relationship. Nonetheless, these challenges can easily be subdued if more is done in expanding the policy, building institutions, enhancing leadership capabilities and investing more in human capital and entrepreneurship. Generally, while the relationship has been described as a win-win situation for China much could certainly have been achieved for Nigeria particularly in the area of technological transfer. This paper historically analyses this relationship. It looks at this supposedly lopsided and unequal relationship; and considers how these could be tackled to ensure a balanced relationship. It also considers the mechanisms to be adopted for the future. Lastly, it outlines the lessons for other countries from bilateral tie between China and Nigeria.
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Keywords
Dynamics, China, Nigeria, Economic Relations