GASPRO International Journal of Eminent Scholars

ABSTRACT This study examined how Nigeria-China relations have influenced the inflow of foreign aid and direct foreign investment in Nigeria. The population of this study consisted of secondary data with respect to records of transactions from annual reports between the two countries found in the Ministry of Foreign Affairs and other bureau of statistics. The study adopted an exploratory and survey design to assess the Nigeria-China relations. The data used for this study was obtained from the annual Reports of the two countries found in the Ministry of Foreign Affairs and bureau of statistics ranging from 2001 to 2008. The sample of the transactions was selected using a convenience sampling technique. The data collection procedure was systematically done. The researcher used descriptive and inferential statistics to analyse data for both the research questions and hypotheses. Such statistical techniques include bar chart and regression analysis. All the hypotheses were tested at 0.05 level of significance. The statistical package for social science (SPSS) was used to generate the results. From the results of the data analysis, it was observed that there is significant impact of economic diplomacy on the inflow of foreign aid and foreign direct investment to Nigeria from China. It was concluded that Nigeria and China have very good business relations in various aspect. One of the recommendations was that Nigeria and China bilateral trade agreements and relations should be honored and effective strategies put in place that will solidify this relationship. KEY WORDS: Relations, Economic Diplomacy, Foreign Aid and Direct Foreign Investment, China, Nigeria,