NIGERIA-CHINA ECONOMIC RELATION: THE UPS, THE DOWN AND THE FUTURE
Abstract
Since the evolution of sedentary life and development of states, history has shown that no community or nation-states entirely lived in isolation. In modern times, due to exigency of the period, nations enter into bilateral or multi-lateral relations cutting across cultural, political, military and economy. It is on this basis that Nigeria-China relations came to be established. Since the establishment of diplomatic ties in February 1971, the relationship has grown and beneficiary to both countries. The beneficial factors of the relationship have given rise to different interpretations by different commentators depending on the perspectives of such description. It is on this premises that the paper examine the relationship over time and pimp into what the future holds. Using historical methods of data collection through published and unpublished literatures and reconnaissance survey and content method analysis, the paper concluded that the economic relations has been in favor of China but could be balance and even be in favor of Nigeria in the near future.