IntroductionOne of the many byproducts of globalization has been the wave of free trade agreements, bilateral trade agreements and regional trade agreements signed internationally as markets respond to the increase of global demand. Although China and Nigeria have signed bilateral trade agreements, it is clear that China has benefited more from this relationship than Nigeria, at least in the short term. If Nigeria wanted to increase its economic development and decrease corruption among political elites, promote good governance and effective monetary policies, it would be able to use the current influx of Chinese money from oil revenues to transform itself into a hub for numerous foreign investors venturing into the country. the African market. In this article we examine whether the association between these two countries should be considered a neocolonial exploitation by a global superpower or a mutually beneficial relationship for emerging economies based on vital raw materials such as crude oil. History of the Sino-Nigerian Relationship Starting in the early 1950s and continuing into the 1970s, China ventured into the African continent primarily as a promoter of Maoist-socialist teachings and as an economic guide to nascent governments. In 1971, China and Nigeria established diplomatic relations that eventually culminated in permanent bilateral trade and investment agreements. However, it was not until the 1990s that China – as a foreign direct investor – returned to investing in projects that would exploit the continent's natural resource wealth for exports, its abundant natural resource reserves and diplomatic influence. that he would have earned. from the creation of strategic partnerships. Starting in the late 1960s and continuing through the late 1990s… in the middle of the paper… of democratization. Ibadan: Institut français de recherche en Afrique, 2001. (pp. 259-287) Web. .“Special Economic Zones”. Britannica: Academic Edition: Web. 20 March 2014. http://www.britannica.com/EBchecked/topic/558530/special-economic-zone-SEZUdeala, Samuel Onuoha. “Nigeria-China Economic Relations in the Context of South-South Cooperation”. African Journal of International Affairs, Vol. 13, Numbers 1&2, pp. 61-88, 2013.Wagner, Daniel and Giorgio Cafiero. “China and Nigeria: neocolonialism, South-South solidarity or both?”. The world mail. July 19, 2013. Web. February 20, 2014. http://www.huffingtonpost.com/daniel-wagner/china-and-nigeria-neocolo_b_3624204.htmlWaters Jr., Robert Anthony. “Historical Dictionary of United States-Africa Relations.” Lanham, MD: Scarecrow Press, 2009. Electronic (print)