Indian Companies Invest $19b In Nigeria

India’s High Commissioner to Nigeria, Shri Balasubramanian, has said trade between both nations has hit $19 billion in the last 40 years.

The envoy said this while commenting on trade between both countries during a courtesy visit to News Agency of Nigeria in Abuja.

The envoy said bilateral relations between the two nations have been excellent, adding that more would be done to further deepen India-Nigeria ties in healthcare delivery.

Balasubramanian, who stressed on the volume of trade, said more than 135 Indian companies have so far invested $19 billion in Nigeria in the past four decades of diplomatic relations.

Showcase the priority

He also said Nigeria’s invitation as a guest participant to the G20 summit scheduled to hold from September 9 and September 10, 2023, in New Delhi in India, would boost the opportunity to showcase the priority of developing countries to the world.

On his visit to the agency, the envoy explained that the aim was to promote information and communication exchange between the two countries.

Lateefah Ibrahim