Title Page………………………………………………………………………….ii Approval Page………………………………………………………………………iii Dedication…………………………………………………………………….……iv Acknowledgement………..…………………………………………………………v Table of Contents…………………………………………………………………..vi List of Tables………………………………………………………… …………viii Abstract……………………………………………………………………………ix

Chapter ONE

: INTRODUCTION – – – – 1 1.1 Background of the Study – – – – – – 1 1.2 Statement of the Problem – – – – – – 4 1.3 Objective of the study – – – – – — 6 1.4 Significance of the study – – – – – – 7 1.5 Literature review – – – – – – – 7 1.6 Theoretical Framework – – – – – – – 15 1.7 Hypotheses – — – – – – – – 18 1.8 Method of Data Collection/ Analysis – – – – – 19

Chapter TWO

: OVERVIEW OF NIGERIA- UNITED STATES ECONOMIC RELATION – – – – – – – – – 20 2.1 First era (1960-1967): The Era of Emerging Economic Alliance — 20 2.2 Second Era. (1967-1970): Era of Nigerian Civil War – – 21 2.3 Third Era (1970-1983) Era of Oil Boom – – 22 2.4 Fourth Era (1983-1993) Era of Structural – – – 24 2.5 Fifth Era: (1993-1999) Era of Embargo on Nigeria oil – 25 2.6 Sixth era: (1999-2006) The Contemporary Era – – 26

Chapter THREE

:OIL AS THE CENTRE- PIECE OF NIGERIA-UNITED STATES ECONOMIC RELATION – – – – – – -28 3.1 Dependency in Oil as source of revenue – – – – 28 3.2 US Oil Investments in Nigeria – – – – – – 29 3.3 US-Nigeria trade relation from 1999-2009 — – – 31 3.4 US response to conflicts in Nigeria: Variations in Oil related 7 and non-Oil related – – – – – – – 32 3.5 Linking Oil and US- Nigeria bilateral military ties – – – 36 3.6 Nigeria’s Investment on the Military/Security in readiness to Protect the oil region – – – – – 38

Chapter FOUR

: NIGERIA – US ECONOMIC RELATIONS AND ECONOMIC DEVELOPMENT IN NIGERIA – – – – – – – 42 4.1 Issues of Domination – — – — — – 42 4.2 Issues of Security – – – – – – 43 4.3 Issues of dependency – – – – – 44 4.4 Issues of Foreign Direct Investment and technology transfer – -45 4.5 Issues of Terms of Trade – – – – – 46 4.6 Issues of repatriation of looted funds – – – – 56 4.7 Issues of environmental crimes of oil transnational corporation in the Niger Delta – – – – – – – – 57

Chapter FIVE

: SUMMARY AND CONCLUSION — – – – 64 5.1 Summary – – – – – – – 64 5.2 Conclusion – — – – – – – – 64 5.3 Recommendations – – – – – – 65 BIBLIOGRAPHY – – – – – – – – 70