Select Currency
Translate this page


Format: MS WORD  |  Chapter: 1-5  |  Pages: 65  |  1322 Users found this project useful  |  Price NGN3,000





The establishment of the Diplomatic House in Nigeria in 1958 (two years prior to Nigerian independence) by India laid the foundation for what was to become solid, warm and concrete bilateral relations between India and Nigeria. The subsequent diplomatic and commercial visits between officials of the two countries crystallised and concretised their cooperative ties regarding political, economic and socio-cultural issues. This paper examines the politico-diplomatic, socio-cultural and economic relations between India and Nigeria. Using a historical approach, the paper argues that although in economic terms the balance of trade is in favour of Nigeria due to increasing importation of Nigeria’s crude oil into India, Indian investment activities in Nigeria have exemplified what might be termed an unequal relationship in which India has an edge over Nigeria. Nevertheless, in view of the magnitude of the cordial relations between the two countries, their development potentials and some socio-political and cultural commonalities, they stand a very good chance of further solidifying and enriching their interactions with regard to several important issues, such as the development of democratic institutions and the redefinition of economic relations between the two states. This, the paper argues, would not only strengthen their political and economic relations, but also bring mutual benefits.




1.1   Background of the Study

The bilateral relations between the Republic of India and the Federal Republic of Nigeria have considerably expanded in recent years with both nations building strategic and commercial ties. Oil-rich Nigeria stated recently that India has replaced the United States as its largest crude importer 20 – 25 percent of India’s domestic oil demand. India, however, now purchases some 30% of Nigeria’s daily crude production which currently hovers around 2.5 million barrels. With bilateral oil trade valued at US$10 billion, Indian oil companies are also involved in oil drilling operations in Nigeria and have plans to set up refineries there.

Trade between Nigeria and India nowadays is strategically becoming important and of global considerations because of the increasing need of Nigeria’s crude oil by India and India’s pharmaceutical products by Nigeria. This has significantly boomed bilateral trade relations between Nigeria and India and again expected to further and enhance trade relations between the two countries. Nigeria is now the largest trading partner of India in the whole African continent, because it is the largest market for India’s exports and India also is Nigeria’s second largest trading partner in the whole world (Kabiru & Dilfraz, 2014). The Nigeria’s exports is mostly covered by crude oil which constitutes 95% of the total exports of the country, out of which India patronized 11% of these crude oil exports (Rupa, Saikat, & Aayush, 2010). In addition there are so many agreements that are still been put in place in order to increase supply of crude oil to India from Nigeria in order to help India meet its energy security (requirements). In 2000 there was an agreement between India and Nigeria as per the content of the agreement, Nigeria will be supplying crude oil to India at the rate of 1 20,000 barrels per day and hydro-carbon of 6 MT (Harshe, 2002). In addition to this Nigeria exports cotton, wood, cashew nuts, gum Arabic, pearls, rubber to India while India’s exports to Nigeria is made up of Pharmaceuticals and drugs, wood products, transport equipment, textiles materials, chemicals, plastic and machineries. Trade between Nigeria and India have since 1999 been increasing with trade balance in recent years been in favour of Nigeria (Sulaiman, 2009). Presently now the nature of Nigeria and India trade relation is dominated by commodity trade. India as a country with the growing service sector will now look for other areas to trade with Nigeria in order to boost their trade relation, and help India narrow the current trade imbalance/deficit with Nigeria. (Rupa, Saikat, & Aayush, 2010), have identified the service sectors in Nigeria that requires immediate Foreign Direct Investment (FDI) attention, these are Oilfield services, Health care, Information technology, and Agro based. These sectors of the Nigerian economyif properly look into with huge amount of investment by India as one of the worlds leading service provider will help India in narrowing it trade deficit or imbalance with Nigeria. The rationale behind this study is to establish trade complementarily and similarities between Nigeria and India in order to explore, establish and investigate the commodities of their trade having comparative advantage and those having comparative disadvantage. The study of Nigeria and India trade complementarily and similarities is very much important because of the just recent booming commodity trade between the two countries. Over the last one and half decade the trends in Nigeria and India trade for both import and export has risen which again necessitate the rise in their total trade, and with increased in the number of group of commodities that are being traded between the two nations, the intensity of their trade has become very much significant, as their import, export and total trade intensities are found to be high in these days (Kabiru & Dilfraz, 2014[1]). As a result of the recent rise in India and Nigeria trade with accompanying increase in the number of commodities or sectors traded and the high trade intensity the study centred on exploring complementarily and similarities of trade among them.

1.2  Objective of the Study

1. To examine the trade relationship and other relation between Nigeria and India.

2. To examine the relationship between International Trade and Economic Development.

3. To evaluate the disadvantages of International Trade.

4. To study the importance of International Trade in the World.

1.3   Significance of Study

The study reviews bilateral trade relation and other relation between Nigeria and India and how it led to improved and economic growth of the both country. However this study will contribute to the growing body of knowledge in globalization and its linkage with trade policy and will therefore aid researchers who might want to carry out research in related areas.

1.4 Scope and Limitation

The study examines the linkage between Nigeria and India trade relationship It is also limited in part to the information available from books, journals, books and internet resources.


Not What You Are Looking For?

For Quick Help Chat with Us Now!

+234 814 010 7220

+233 541 351 187

Here's what our amazing customers are saying

Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Gbadamosi Solomon Oluwabunmi
Swift delivery within 9 minutes of payment. Thank you project master
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.


  • Select 3 Project Topics of your choice from your Department.
  • Submit the 3 topics to your Supervisor for Approval.
  • Call Our Instant Help Desk on +234 814 010 7220 and Get Your Complete Project Material Instantly.
  • All project materials on this website are well researched by professionals with high level of professionalism.


How do i choose a Project Topic?

Look for your department and select any topic of your choice

I have a fresh topic that is not on your website. How do I go about it?

How fast can i get a complete project from your website?

Within 15 minutes if the exact project topic is on our website

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

One of your topics suites my project, but the case study is different. What do i do?

Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

How do i get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 814 010 7220

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!