The study on ‘Nigeria, Nigerians and Xenophobic Attacks; Political and Economic Implications: A Phenomenological Approach’ was designed to look into the historical background of constant xenophobic attacks against foreigner in South Africa of which Nigerians are at the epicenter and has the highest casualty of the attacks. Xenophobia is the fear and hatred shown towards foreigners in the land. It usually involves vibe of an in-group towards an out-group which often manifests itself in attacks. The work adopted the method of phenomenology, the primary objective of which is the direct investigation and description of events as were consciously experienced, by bracketing their causal explanation and as free as possible from unexamined preconceptions and presuppositions. This approach has to be as free as possible from conceptual presuppositions with an attempt to describe them as faithfully as possible. The study concluded thus, building strong economy and political institutions will bring about economic transformation for Nigeria’s socio-political development and thereby prevent Nigerians from running away from their country in search of better life and human flourishing. Again, that developing a comparative engagement and change of foreign policy will enhance both countries relationship positively. Finally, the study recommended that the Nigerian government and her political leaders should strive at all times to build a robust economy for the teeming population and use her population as an asset and not as a liability.