Impact of Nigeria-China relations on development in Nigeria, 2010-2020

Abstract

Nigeria-China relations had a considerable influence on Nigeria's development, and the Peoples Republic of China emerged as one of Nigeria's primary commercial partners and a major source of foreign direct investment (FDI) in recent decades. To this, the relationship between the two nations has influenced Nigeria's growth in various ways, especially in the area of infrastructure development obtained through loans, investments, skills and technology transfer. China has contributed to the development of Nigeria’s infrastructure, thus, fostering economic growth in addition to influencing regional integration. Furthermore, in the energy and power sectors, Chinese firms have been involved in the construction of power plants, transmission lines, and renewable energy projects in Nigeria aimed at addressing power deficits and improving access to electricity, which is essential for industrial development and improving Nigerians' quality of life. China is one of Nigeria's top commercial partners and a substantial source of foreign direct investment (FDI). Chinese enterprises working in Nigeria have provided technology, skills, and knowledge transfer that has benefited Nigerian industries. Chinese investments in industries like telecommunications, manufacturing and agriculture have eased the transfer of technical skills while also increasing efficiency in production methods. This paper aims to illustrate the importance of bilateral trade relations as a means of change and development especially when the nations involved are in need of each other. The paper adopts qualitative approach to the study of international relations. The paper adopts dependency theory to analyze bilateral trade relation between Nigeria and China. The theory believes that trade should only be done to enhance prosperity and also argued that the principle of comparative advantage ensures everyone would profit from the interaction. The paper reveals and concludes that Nigeria-China relations have made a substantial impact on Nigeria's economic development notwithstanding some notable deficiencies that have arisen in areas of unfair labour practices amongst others