ABSTRACT
Recent years have brought astronomical growth of China-Nigeria economic relationships. The relationship increased monumental developmental economic changes in Nigeria, with China growing investments in the country. This paper explored the in-vestment opportunities of China in Nigeria, the volume and nature of Chinese investment in Nigeria, untapped resources in Nigeria, and the effect of the Chinese investments on the Nigerian economy. We adopted secondary data from the Bureau of Statistics, China and the Nigerian Central Bank, through UN COMTRADE. A quantitative analysis method was used for statistical inferences and conclusions. The study findings indicated that the industry which has highly dominated the Nigerian economy as a primary source of income is crude oil. Despite the considerable investment opportunities in Nigeria, Chinese FDI in the Nigerian economy is lower than that of other African nations. This paper concluded and recommended that Nigeria engage more with China to invest more in the country to improve the nation’s economic growth and development.
