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ECONOMIC DIPLOMACY AND CONDUCT OF NIGERIA’S EXTERNAL RELATIONS: ANALYSIS OF THE NATIONAL ECONOMIC EMPOWERMENT AND DEVELOPMENT STRATEGY (NEEDS)

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TABLE OF CONTENTS
Title Page i
Approval Page ii
Certification iii
Dedication iv
Acknowledgment v
Abstract vi
Table of Contents vii
List of Tables/Figures ix
CHAPTER ONE
Background of the Study 1
Statement of the Problem 4
Objectives of Study 7
Significance of the Study 7
Literature Review 8
Theoretical Framework 58
Hypotheses 63
Method of Data Collection 63
Method of Data Analysis 64
Research Design 65
Validity and Reliability 68
CHAPTER TWO: ECONOMIC DIPLOMACY AND CONDUCT OF NIGERIA’S
EXTERNAL RELATIONS
Definition of Nigerian Foreign Policy 69
Nigeria: Foreign Policy Making and Implementation. 1960-2010 72
Economic Diplomacy Explained 81
CHAPTER THREE: NATIONAL ECONOMIC EMPOWERMENT AND
DEVELOPMENT STRATEGY AND POVERTY REDUCTION
Poverty Reduction under National Economic Empowerment and
Development Strategy 86
Impact of National Economic Empowerment and Development Strategy
on Poverty reduction 96
CHAPTER FOUR: NATIONAL ECONOMIC EMPOWERMENT AND
DEVELOPMENT STRATEGY AND UNEMPLOYMENT REDUCTION
Unemployment Explained 102
viii
Unemployment: The Nigerian Experience 103
CHAPTER FIVE: NATIONAL ECONOMIC EMPOWERMENT AND
DEVELOPMENT STRATEGY AND FOREIGN DIRECT INVESTMENT
Foreign Direct Investment and Nigerian Economy 111
Economic Diplomacy and Primacy of Foreign Direct Investment 115
Economic Diplomacy of Dependent Import Substitution Industrialization. 119
Economic Diplomacy and decline of Good Neigbourliness 121
Assessment of Foreign Direct Investment 124
Sectoral Analysis of Foreign Direct Investment inflows in Nigeria 130
Foreign Direct Investment and Economic Diplomacy: The Missing Link 131
Global Foreign Direct Investment Performance and Economic Diplomacy 134
CHAPTER SIX: NATIONAL ECONOMIC EMPOWERMENT AND
DEVELOPMENT STRATEGY AND DEBT RELIEF
Historical Structure of Nigeria’s External Debt 137
The Journey to Debt Cancellation 142
The Establishment of Debt Management Office 146
Nigeria Debt Cancellation Deal 149
Nigeria’s Debt Relief Negotiation Before 2005 150
CHAPTER SEVEN: SUMMARY AND CONCLUSION
Summary 156
Research Findings 158
Conclusion 159
Prognosis 159
Bibliography 162

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