Title: Nigeria-China bilateral relations: a skewed or balance relation?

Authors: Joshua Adeyemi Afolabi; Chinonyerem Emmanuel Oji

Addresses: Innovation and Technology Policy Department, Nigerian Institute of Social and Economic Research (NISER), Ojoo, Ibadan, Nigeria ' Nigeria Defence Headquarters, Garki, Abuja, Nigeria

Abstract: This study examined the China-Nigeria bilateral relation with a view to ensuring a balanced relation between the countries. The study showed that Nigeria has had more official visits to China than China to Nigeria and that while Nigeria has had series of balance of payment deficits trading with China, China continues to enjoy surplus balance of payment. This contrast has been attributed to the nature of goods and services traded between these countries. The study also showed that China has invested massively in different sectors of the Nigerian economy notably the manufacturing sector, construction sector, oil and gas sector and in technological services and these Chinese investments in Nigeria benefits from special incentives including tax holidays, expatriation quota and tariff-free imports, among others. Based on these findings, China and Nigeria need to review their relation with each other with a view to ensuring a balanced relation.

Keywords: China; Nigeria; bilateral relation; trade; diplomacy.

DOI: 10.1504/IJDIPE.2021.118854

International Journal of Diplomacy and Economy, 2021 Vol.7 No.2, pp.129 - 145

Received: 08 Jul 2021
Accepted: 20 Aug 2021
Published online: 08 Nov 2021 *

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