Connect with us

News

With 150 Companies and $27b Investment in Nigeria, India Interested in More, Says Envoy

Published

on

With 150 Companies and $27b Investment in Nigeria, India Interested in More, Says Envoy

By: Michael Mike

About 150 Indian companies have invested more than US$27 billion in Nigeria in the last four decades, the Indian High Commissioner to Nigeria, Gangadharan Balasubramanian has revealed.

Balasubramanian made the disclosure in his address at the anniversary celebration of the 75th Republic Day of India, organised by the Indian mission on Friday night in Abuja, noting that India remains interested in investing more in Nigeria.

The envoy while describing relations between India and Nigeria as excellent, said India will continue to play significant role and contribute to the global good, adding the recently concluded Indian Presidency of G20 showcased the country’s readiness to effectively play a global role.

He said India stand shoulder-to-shoulder with Nigerian friends in the joint journey towards development and that the Government of India is committed to further strengthening such ties.

Balasubramanian also said: “India and Nigeria enjoy strong and historical relations. With the ties dating back to before Nigeria’s independence, our bilateral relations have been nurtured by the leadership of both the countries.

“Our economic and trade relations are strong and growing. Currently nearly 150 Indian companies with an investment of 27 billion dollars are in Nigeria, mainly in the manufacturing sector and employ the largest number of people after the Federal Government.

He noted that: “Owing to the special relationship, India had invited Nigeria as a Guest Country during her presidency of G20. We had a memorable visit of President Bola Tinubu to the G20 Summit in September, 2023 that consolidated the ties further.

“Out of the 14 billion dollars promised during this visit as investment into Nigerian economy, 7 billion dollars has already been signed immediately after the visit.”

The envoy reiterated his country’s commitment to deepen the India-Nigeria ties in terms of the recent visit by India External Affairs Minister, Dr. Subrahmanyan Jaishankar for the Joint Commission meeting held in Nigeria.

The envoy attributed progress made by his country to the working of his country’s Constitution adopted in 1950, saying from the end of the last century till now, India has become one of the fastest growing emerging economies.

He said: “Today with more that 3.7 trillion dollars GDP, her economy is the fifth largest in the world. Education, health and economy have been consistent targets of successive governments in India resulting in all round improvement of standard of living of Indian citizens.

“We run one of the world’s largest health insurance schemes, made education a fundamental right, continue with the biggest welfare initiative in providing food grains to significant percentage of Indian citizens, increased the paying capacity of the people and provided equal opportunities to all.

“We have drawn up schemes to uplift the vulnerable and on gender equality, passed legislation providing 33per cent reservation for women in parliament, to name a few.

“Starting from 1964, we have been providing scholarship for a large number of short-term courses under the Indian Technical and Economic Partnership to people around the world.

“We have become significant development partner through Lines of Credit and Grants-in-Aid to the global south, which today stands at 39 billion dollars, which includes more than 12 billion dollars to Africa,” he added.

Also speaking at the occasion, Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, who was represented by Ambassador Alex Kefas, Director of Europe and Regions in the ministry, said Nigeria-India cordial and friendly relations dates back to 1958.

According to him, the bond between the two countries is deep and can be characterized by historical and cultural connections strengthened through our shared struggle for independence, which formed basis for their partnership.

“The state of Nigeria-India economic relations has seen remarkable improvement in recent years. Trade volume between the two countries has increased significantly.

“India is now Nigeria’s largest trading partner in Africa and the highest importer of Nigeria’sCrude Ol. Similarly, Nigeria is India’s largest trading partner in A fica.

“Bilateral trade between both countries in the last two years amounted to approximately 14.95 billion dollars in the formal sector and about USD 5 billion in the informal sector,” Tuggar said.

He said Nigeria will continue to open its door for collaboration with India as pathway to advance cordial relationship and between both countries.

The event attracted Gov. Uba Sani of Kaduna State, Mrs. Hannatu Musawa, Minister of Art, Culture and Creative Economy, Dr Jamila Ibrahim, Minister of Youth Development, Mrs. Pauline Tallen, former Minister of Women Affairs and diplomats, among others.

With 150 Companies and $27b Investment in Nigeria, India Interested in More, Says Envoy

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NHRC Honours Ford Foundation for Sustained Support to Human Rights in Nigeria

Published

on

NHRC Honours Ford Foundation for Sustained Support to Human Rights in Nigeria

By: Michael Mike

The National Human Rights Commission (NHRC) has honoured the Ford Foundation for its sustained contributions to advancing human rights in Nigeria, reinforcing a partnership that has played a critical role in strengthening access to justice and institutional capacity.

At a ceremony held Friday at the Commission’s headquarters in Abuja, the NHRC presented an Award of Appreciation to the Foundation in recognition of its longstanding support.

The award was received by the Foundation’s Regional Director for West Africa, ChiChi Aniagolu-Okoye, during a high-level engagement with directors and senior officials of the Commission.

Speaking at the event, the Executive Secretary of the NHRC, Dr. Tony Ojukwu commended the Ford Foundation’s consistent backing, particularly in initiatives aimed at expanding access to justice and strengthening the Commission’s operational capacity.

He stressed that given the breadth and complexity of human rights challenges in Nigeria, the Commission cannot function in isolation.

According to him, sustained collaboration with development partners remains essential to transforming human rights protection from policy intentions into tangible outcomes for citizens.

In her remarks, Aniagolu-Okoye described the recognition as both significant and encouraging, reaffirming the Foundation’s commitment to promoting human rights. She noted that a key focus of the Foundation’s work is ensuring that citizens are not only aware of their rights but are also supported in seeking justice when those rights are violated.

She, however, emphasized that awareness alone is insufficient without strong and effective enforcement systems. Gaps between knowledge of rights and actual access to justice, she said, can weaken public trust and diminish the impact of human rights initiatives.

“Trust in institutions grows when people experience fairness and accessibility in justice delivery,” she noted, adding that strengthening such systems is critical for sustainable human rights protection.

The engagement also underscored the importance of continued cooperation between the Commission and its partners in addressing evolving human rights challenges across the country.

In a vote of thanks, Senior Human Rights Adviser to the Commission, Hilary Ogbonna, expressed appreciation for the Ford Foundation’s enduring partnership. He highlighted key institutional advancements, including initiatives such as the MOVE project and the Commission’s dashboard system, noting that many of these efforts benefitted from the Foundation’s early support.

Ogbonna also commended the leadership of the Executive Secretary and the dedication of the Commission’s directors, whose commitment, he said, has sustained progress despite operational constraints.

He further acknowledged the role of the media as a vital partner in the human rights ecosystem, describing the press as the “fourth estate” that amplifies, documents, and brings critical human rights issues to public attention.

The event reaffirmed the shared commitment of the NHRC and its partners to strengthening justice delivery systems and enhancing the protection of human rights in Nigeria.

NHRC Honours Ford Foundation for Sustained Support to Human Rights in Nigeria

Continue Reading

News

Borno APC Stakeholders Endorse Tinubu, Shettima for 2027, Signal Early Political Realignment

Published

on

Borno APC Stakeholders Endorse Tinubu, Shettima for 2027, Signal Early Political Realignment

By: Michael Mike

In a move that underscores early political positioning ahead of Nigeria’s next general elections, key stakeholders of the All Progressives Congress (APC) in Borno State have formally endorsed President Bola Ahmed Tinubu and Vice President Kashim Shettima for a second term in 2027.

The endorsement, announced during a high-level gathering at the Government House Multipurpose Hall in Maiduguri on Saturday, signals a consolidation of political support in one of the APC’s strongest northern bases. Party leaders, government officials, and influential grassroots mobilizers unanimously pledged to rally voters across the state to ensure the continuity of the Tinubu administration.

Addressing the stakeholders, Borno State Governor Babagana Umara Zulum described the endorsement as both a vote of confidence in the current administration and a strategic commitment to sustaining ongoing reforms. He emphasized that the Tinubu-Shettima leadership had demonstrated resolve in tackling Nigeria’s complex security and economic challenges.

According to Zulum, Borno State—long at the epicenter of insurgency—has witnessed renewed federal attention in security coordination, humanitarian interventions, and reconstruction efforts. He noted that continuity in leadership would be critical to consolidating these gains, particularly in the North-East where recovery from years of conflict remains fragile.

“The support for President Tinubu and Vice President Shettima is rooted in performance and trust,” Zulum said. “Borno has seen firsthand the impact of leadership that understands our realities and is committed to long-term stability.”

Borno’s Strategic Role in APC Politics

Borno State holds significant political weight within the APC, not only as a consistent electoral stronghold but also as the political base of Vice President Shettima, a former governor of the state. Since the party’s formation in 2013 and its landmark victory in the 2015 elections, Borno has remained central to APC’s dominance in the North-East.

The state’s political influence is further amplified by its frontline status in Nigeria’s fight against insurgency. Years of conflict involving Boko Haram and ISWAP insurgents have shaped national security policies and elevated Borno’s importance in federal decision-making. As a result, endorsements from the state often carry symbolic and strategic significance for national campaigns.

Political analysts view the early endorsement as part of a broader effort by APC stakeholders to stabilize internal party structures and project unity well ahead of the 2027 elections. It also reflects a growing trend of pre-election alignments aimed at discouraging intra-party rivalries and consolidating incumbency advantages.

Momentum Builds Toward 2027

Saturday’s declaration comes amid ongoing national debates over economic reforms, security challenges, and governance priorities under the Tinubu administration. While opposition parties are expected to intensify criticism in the coming years, the APC appears to be laying the groundwork for a coordinated re-election campaign.

Stakeholders at the Maiduguri meeting pledged to embark on extensive grassroots mobilization, voter engagement, and party strengthening initiatives across all local government areas in Borno. They also called on other APC-controlled states to replicate similar endorsements to build a nationwide consensus.

As Nigeria moves deeper into its current electoral cycle, the Borno endorsement highlights how regional political blocs are already shaping the contours of the 2027 race—long before official campaigns begin.

Borno APC Stakeholders Endorse Tinubu, Shettima for 2027, Signal Early Political Realignment

Continue Reading

News

Southern Borno Youths Rally Behind Ndume with N38.5m War Chest for 2027 Senate Bid

Published

on

Southern Borno Youths Rally Behind Ndume with N38.5m War Chest for 2027 Senate Bid

By: Michael Mike

In a powerful demonstration of political loyalty and grassroots mobilisation, thousands of youths from Southern Borno Senatorial District on Saturday pooled N38.5 million to back the fifth-term ambition of Muhammadu Ali Ndume ahead of the 2027 general elections.

The fundraising event, held at Forshams Hall in Maiduguri, attracted more than 2,000 participants drawn from all nine local government areas of the district. The contributors, largely youth groups and community associations, said their financial commitment was a deliberate move to retain what they described as a “fearless and people-driven legislator” in the Senate.

Leading the initiative, youth coordinator Alhaji Babandi Shehu said the intervention was not merely symbolic but a calculated political statement at a time when, according to him, Nigeria needs courageous voices in governance.

“Senator Ndume has distinguished himself as one of the few leaders who consistently speaks truth to power,” Shehu declared. “This is not just about funding forms; it is about safeguarding representation that prioritises the people and holds the executive accountable.”

The atmosphere at the venue reflected a rare level of political consensus, with chants of solidarity and pledges of continued support echoing throughout the gathering. Participants insisted that Ndume’s track record in both legislation and constituency development justifies their early and collective endorsement.

Reinforcing this position, Ndume’s Senior Legislative Aide, Junaid Jibril Maiva, outlined what he described as a legacy of impactful service spanning over a decade. He noted that the senator has sponsored more than 70 bills focused on national development while also facilitating landmark federal institutions in Southern Borno and the wider North-East.

Among these, he listed the Nigerian Army University, Biu, the North East Development Commission, and the Federal College of Education, Gwoza, as well as ongoing efforts to establish a Federal Medical Centre in Kwaya-Kusar and a Federal College of Agriculture in Shani.

Maiva further highlighted Ndume’s role in humanitarian interventions, particularly in communities devastated by insurgency. “Beyond legislation, he has directly supported resettlement efforts, including the construction of 200 housing units in Gwoza and 80 in Damboa for displaced families,” he said.

A breakdown of the funds raised showed a broad-based contribution pattern across the district. Biu, Kwaya-Kusar, Hawul, Bayo, and Shani collectively donated N8 million, Askira-Uba contributed N5 million, while Damboa added N2 million. Additional support came from trade and transport groups, including the Nigeria Union of Road Transport Workers and the Baga Road Timber Sellers Association, each donating N1 million.

Political observers say the scale and timing of the mobilisation point to a well-entrenched support base and a strategic effort to secure early momentum ahead of the 2027 race. The move also reflects a broader trend of pre-election alignment within the All Progressives Congress, as key actors position themselves for what is expected to be a highly competitive electoral cycle.

A Career Shaped by Advocacy and Controversy

Since his election to the Senate in 2011, Ndume has remained one of the most outspoken members of the National Assembly of Nigeria. Representing a region at the heart of Nigeria’s insurgency crisis, he has consistently pushed for stronger federal intervention in security, reconstruction, and humanitarian response.

His tenure has been marked by a willingness to challenge authority—even within his own party—earning him both admiration and criticism. Supporters view him as a principled advocate for accountability, while critics argue that his confrontational style sometimes stirs political tension.

Nonetheless, Saturday’s event suggests that within Southern Borno, his influence remains firmly intact.

Early Signals for 2027

With the 2027 elections still over a year away, the fundraising initiative underscores how political structures are already taking shape across Nigeria. For Ndume’s supporters, the message is clear: continuity, experience, and assertive representation are non-negotiable.

As the crowd dispersed in Maiduguri, one sentiment stood out—this was more than a fundraiser. It was an early declaration of intent, a grassroots-powered endorsement that could set the tone for the political battles ahead.

Southern Borno Youths Rally Behind Ndume with N38.5m War Chest for 2027 Senate Bid

Continue Reading

Trending

Verified by MonsterInsights