Impact of Chinese Technology Transfer on Nigeria’s Economic Development

Abstract

China’s transformation and rejuvenation is largely attributed to its ability to discover, improve and anchor its rapid development on technology. Consequently, contemporary relations and engagement between China and Nigeria is expected to leverage on the many technological advantages possessed by the Chinese government which has informed its sporadic rise and breaking every development indices across the world. This study examines the impact of technology transfer in the development of the already existing areas of cooperation between China and Nigeria and situates same within the internal dynamics that might adversely affect the chances of Nigeria in properly harnessing the gains in her ever expanding areas of cooperation and engagement with China. Data for the study were obtained from secondary sources and subjected to content analysis. The study concludes, given the current state of the international system which is driven by technology, it is only when the gains inherent in this global force of development is properly obtained from Nigeria’s development partners that the country can be viewed from a major contender within the continent of Africa and consequently the World. In negotiating infrastructural agreement with China, Nigeria should employ tact bearing in mind the peculiarity of the country in order to profit from the various technology inspired strides that the Chinese economy is witnessing.