The paper examines the doctrine of “economic diplomacy” which formed the bedrock of Nigeria’s foreign policy during the General Ibrahim Babangida’s regime between 1985 and 1993. The paper highlights the major achievements and failures of the policy during the period under review. Based on its findings, the paper concludes that the failure of the Nigerian state in all ramifications and the conspiracy and hostility of the international environment, combined to frustrate the lofty ideas contained in the ‘new’ Nigerian economic diplomacy
Keywords: Diplomacy, Economic, Evaluation, Nigeria, Policy
