INDIA-NIGERIA BILATERAL AGREEMENTS: ASSESSING THEIR IMPACT ON TRADE, SECURITY, AND GOVERNANCE

Abstract: India and Nigeria have maintained strong diplomatic and economic ties over the years, leading to several bilateral agreements designed to enhance trade, security, and governance cooperation. However, the effectiveness of these agreements in fostering sustainable development and mutual benefits remains a subject of debate. This study examines the nature and impact of these agreements, assessing their contributions to economic growth, security collaboration, and governance structures in both countries.

The objective of this research is to analyze the extent to which these bilateral agreements have influenced key sectors and to identify challenges that may hinder their full implementation. Employing a qualitative research methodology, the study draws on official reports and scholarly literature to provide an in-depth evaluation of the agreements. The theoretical framework is anchored in international relations theories, particularly liberal institutionalism and dependency theory.

The study is significant as it provides insights into the strengths and limitations of India-Nigeria bilateral agreements, offering valuable perspectives for policymakers, scholars, and economic stakeholders. Findings suggest that while these agreements have facilitated increased trade and security collaboration, challenges such as bureaucratic bottlenecks, inconsistent policy implementation, and external economic pressures have limited their overall impact.

In conclusion, stronger institutional mechanisms and regular policy reviews are necessary to enhance the effectiveness of these agreements. It is recommended that both nations adopt a more strategic approach to bilateral cooperation, ensuring that agreements translate into tangible benefits for economic development, security stability, and governance improvements.

Keywords: Bilateral Agreements, Trade Relations, Security Cooperation, Governance