Indian investments in Nigeria exceed $15 billion dollars – Envoy

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The High Commissioner of India to Nigeria, Abhay Thakur, says India’s investment relationship with Nigeria exceeds $15 billion.

Mr Thakur told the News Agency of Nigeria on the sidelines of the 78th Anniversary of India Republic Day celebrations in Abuja on Thursday that both nations had enjoyed “warm, friendly and deep-rooted bilateral relations.”

“The enormous goodwill earned by Indians can invariably be felt in interactions with the government and the civil society. He particularly recalled that Nigeria and India had a long-standing relationship that began before the British colonial times which had translated to the exchange of professionals into Nigeria.

“We also exchanged students, cultural troops, political delegations and capacity building programmes.“So, we have a very vibrant relationship and I must say that in all of this, Nigeria and India are each other’s strategy partners and have a close security relationship as well,” he said. Thakur added that Indian companies were the second largest employers of labour in Nigeria after Nigerian government, saying that Indian corporate interests were scattered around education, tourism, medical tourism and business.

 

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