An Analysis of Diplomatic Relations between Nigeria and European Union, 1999 – 2010.
ABSTRACT
The work set out to investigate the impact of the European Union (EU) on Nigeria’s diplomatic relations (1999-2010) in terms of their trade Balance While observing that Nigeria has unfavorable trade access to the European Union Market (1999-2010), hence the hypothesis that the trade balance existing between Nigeria and European Union is unfavourable to Nigeria.
The theory of complex interdependence was used as our framework for analyzing the European Union (EU) and Nigeria’s relations in terms of trade cooperation. The study made use of the observation method of secondary source of data collection, such as textbooks, journals, magazines, conference papers, official documents and Internet sources.
Using the qualitative description of statistical data guides our understanding of the work and is supported by the adoption of one-shot case study research design for controlling the variable under study. Our recommendation was also based on the findings of our research work which was already articulated in our conclusion.
TABLE OF CONTENTS
Title Page ….. ….. ….. ….. ….. i
Approval Page ….. ….. ….. ….. ….. ii
Dedication ….. ….. ….. ….. ….. iii
Acknowledgement ….. ….. ….. ….. ….. iv
Abstract ….. ….. ….. ….. ….. v
Table of Contents ….. ….. ….. ….. ….. vi
CHAPTER ONE: INTRODUCTION
1.1. Background of the Study ….. ….. ….. 1
1.2. Statement of the Problem ….. ….. ….. 3
1.3. Objectives of the Study ….. ….. ….. 4
1.4. Significance of the Study ….. ….. ….. 5
1.5. Literature Review ….. ….. ….. 6
1.6. Theoretical Framework ….. ….. ….. 15
1.7. Hypotheses ….. ….. ….. 17
1.8. Method of Data Collection ….. ….. ….. 18
1.9. Method of Data Analysis ….. ….. ….. 19
CHAPTER TWO: HISTORICAL DEVELOPMENT OF NIGERIA –
EUROPEAN UNION RELATIONS
2.1: Origin of the European Union ….. ….. 20
2.2: Evolution of Nigeria European Union
Relations ….. ….. ….. ….. 24
2.3 Key Issues in European Union – Nigeria
Relations ….. ….. ….. ….. 26
2.4 European Union- Africa Issues ….. ….. 32
2.5 European Union-Nigeria Issues ….. ….. 34
2.6 Implementation of the Joint Africa-European
Union Strategy ….. ….. ….. ….. 37
CHAPTER THREE: NIGERIA – EUROPEAN UNION RELATIONS
AND FOREIGN DIRECT INVESTMENT
3.1: The Determinants of Foreign Direct Investment:
A Cursory Glimpse ….. ….. ….. 41
3.2: Advantages of FDI ….. ….. ….. 49
3.3: European Union Foreign Direct Investment in Africa ….. 50
3.4: Nigeria and European Unions Foreign Direct Investment…. 53
3.5: Cooperation with the European Investment Bank ….. 57
CHAPTER FOUR: NIGERIA-EUROPEAN UNION TRADE RELATIONS
4.1: Nigeria Trade Policy ….. ….. ….. 59
4.2: Trade in Services between the European
Union and Nigeria ….. ….. ….. 60
4.3: Nigeria and European Unions Trade Relation ….. ….. 62
4.4 The Effect of Remittances from the E.U. Member States on
Nigeria’s Economic Development ….. ….. ….. 71
CHAPTER FIVE: SUMMARY AND CONCLUSION
5.1: Summary ….. ….. ….. 73
5.2: Conclusion ….. ….. ….. 74
5.3: Recommendations ….. ….. ….. 75
BIBLIOGRAPHY ….. ….. ….. 77
INTRODUCTION
Nigeria’s diplomatic relations with the European Union (E.U) dates back to 1960 when Nigeria gained independence from Britain, a member country of the Union that ruled it for nearly a century and had a complete grip on the country – politically, economically, religiously and socio-culturally.
Its relations with African countries especially Nigeria have remained the same. The European Union is an international economic organisation comprising of some advanced countries of the north, which originally included France, West Germany, Belgium, Italy, Luxemburg and the Netherlands.
It has however, expanded to include nine other countries namely United Kingdom (Britain), Denmark, Ireland, Greece, Portugal, Spain, Sweden, Austria and Finland, including Romania that joined the union recently (Sanu and Onwuka, 1997).
Much of the history of the European Union during its early years was one of steady economic growth for member states. Goldsmith and Klausen, (1998) argued that a country as former West Germany did establish itself as a leading world economic power over this period, and a dominant force in the New European Union.
France transformed itself from a predominantly agricultural economy to one much more industrialised. The whole world became concerned about the implication of the unification on the global economy, as Europe in 1992, headed towards realizing a long dream of establishing a single integrated market and economic unification.
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StudentsandScholarship Team.
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