NIGERIA-CHINA TRADE RELATIONS AND ITS EFFECT ON ECONOMIC DEVELOPMENT OF NIGERIA 2015-2018
Nigeria-China trade relations have become vital channels for economic activities in Nigeria and subsequently economic growth and development. This study examined Nigeria-China trade relations and its effect on economic development in Nigeria. The study adopt the survey design which involves systematically gathering information from a sample of entities for the purpose of constructing signifiers of the attributes of a larger population of which they are members. The study employed simple descriptive statistics and content analysis in the analysis of data collected from questionnaires and interview. 291 questionnaires were administered but 207 were collected and analysed while 9 respondents were interviewed. The study revealed that Nigeria-China trade relations have increase trade volume in Nigeria but affected the economic growth and development of the country as results of much importation than exportation. The study therefore recommends that Nigerian Government should discontinue from export to China since it affect economic growth due to the fact that they only have limited goods to export with China while they import virtually everything from China.
Key words: Nigeria, China, Trade Relations, Economic Development
