Socio-economic impacts of Chinese government financed infrastructural development projects in Nigeria
Nigeria is a West African country,often referred to as the Giant of Africa due to its population of over 177 million and an estimated GDP of over US$587 billion; abundant natural resources including one of the largest natural gas and crude oil reserves.Despite these strong fundamentals,Nigeria has found it difficult to convert her unique advantages into economic and social benefits for the country.This necessitates diversification of the economy which will require huge investments in infrastructure.In China,Nigeria has found a partner and financier.Despite the importance of Chinese finance for African infrastructure,relatively little is known and or ascertain about its socio-economic value and impacts.The aim of this research work is to identify and discuss the socio-economic impacts of Chinese Government Finances in Infrastructural Development Projects in Nigeria.Secondary sources of data were used to review literature.The result shows that Infrastructural Development Projects in the long run have direct influence on socio-economic development,and the majority of economic activities depend one way or the other on road networks,airports,railway transportation systems and power generation projects.
African China Finance infrastructure Nigeria projects socio-economic impacts
Salisu Gidado Dalibi Bello Sani Bello
Department of Quantity Surveying,A.T.B.U. Bauchi,Nigeria;Business School of Hohai university Nanjing Business School of Hohai university Nanjing,China
国际会议
上海
英文
579-588
2017-10-21（万方平台首次上网日期，不代表论文的发表时间）