Sino-Nigeria investments: prospects and challenges 1971-2010
AbstractCountries enter bi-lateral and multi-lateral relationships with one another based on the expectation of mutual benefit. This paper focusses on the bilateral investment relation between China and Nigeria. Despite the a long history of interactions and agreements between Nigeria and various more developed partners, development in Nigeria has not been as successful as could have been hoped. This study adopts a historic-structural, analytical and systematic approach in the Sino-Nigeria Investments. Findings reveal that Nigeria has been one of the leading partners of foreign direct investments from Chinese companies. In addition the research has also revealed that the benefits derived from the relationship sketch a lopsided picture in favour of China, at the peril of the Nigerian counterparts. To this end, the paper postulates that this Sino-Nigeria bilateral engagement should undergo some hanges to achieve equal and mutual benefit to both parties.
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