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

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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

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Akpeme: Young Says Suspension Of Delta State NAPPS Exco, Illegal, Null And Void

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Akpeme: Young Says Suspension Of Delta State NAPPS Exco, Illegal, Null And Void

Akpeme: Young Says Suspension Of Delta State NAPPS Exco, Illegal, Null And Void

The Chairman, National Association of Proprietors of Private Schools (NAPPS), Delta State Wing, Deaconess (Mrs.) Young P.N, has said that Dr. Ochuko Akpeme lacks powers to suspend the state executive.

She said this during a phone conversation with Oasis Magazine on Monday night.

Recall that online media reports on Monday quoted Dr. Akpeme declaring the Young-led executive suspended in Asaba during a press conference.

Reacting, Deacon Young, added that he simply wants to remain a life president.

Her words: “He claims to be the South South Vice President and we do not recognize him as so and we have no dealings with him. He just wants to cause confusion. He and other NAPPS members he picked from Asaba who he said her regional executive members are impersonators and we will deal with him and his accomplices legally if he continues in this direction,” saying that the suspension pronounced on them by Akpeme and his cohorts is illegal, null and void.

According to her, just last week, a letter of caution was sent to him warning him to desist from parading himself round the chapters in the state as the Vice President, South South, adding that they also reminded him in the said letter that they were sworn-in with the 2017 constitution and not that of 2023.

She continued: “What he did today is unacceptable. He should look for his loyalists and work with them and not my excos.”

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Furthermore, she called on NAPPS members in the state to be calm and resolute, saying that they are on the matter and that there was no cause for alarm.

She said further: “We are not under Akpeme, our NVP is Hon Ekhosuehi Rueben Ikponwwmen Dr. Hajia Samari as our National President. He wants to force Delta NAPPS to join him in his group. He is recruiting young people who are new in the association and have little knowledge about the issues. We did not vote for him as he claims.”

Continuing, she hinted that the state exco has held an online emergency meeting and they have agreed that will remain where they are and that they will not change their minds on not supporting Akpeme.

Meanwhile, she said the state general meeting for Wednesday scheduled to hold in Sapele will still hold, just as she disclosed that he has not been attending their meetings and they are not expecting him, while threatening to arrest him if he shows up at the venue.

Akpeme: Young Says Suspension Of Delta State NAPPS Exco, Illegal, Null And Void

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Singer Market Inferno: FG, APC Govs Donate N8bn To Kano Traders

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Singer Market Inferno: FG, APC Govs Donate N8bn To Kano Traders

As VP Shettima receives Yusuf into APC, says governor’s place in party is second to none

By: Our Reporter

The Federal Government has approved the sum of N5 billion as intervention fund for traders affected by the fire outbreak that razed large sections of the popular Singer Market in Kano.

This is just as state governors on the platform of the All Progressives Congress (APC), under the aegis of the Progressive Governors’ Forum (PGF), also donated N3 billion to victims of the inferno, totalling N8 billion to provide relief to hundreds of affected traders.

The Vice President, Senator Kashim Shettima, who announced the donations on Monday when he led a Federal Government delegation to condole with traders at the market on behalf of President Bola Ahmed Tinubu, sympathized with the traders, praying Almighty God to prevent future occurrence of fire disaster in the market.

Senator Shettima also formally received Governor Abba Kabir Yusuf of Kano State and his teeming supporters into the APC fold on behalf of the President.

Speaking during the grand reception to welcome Governor Yusuf to the APC at the Sani Abacha Stadium, Kano, the Vice President reiterated President Tinubu’s assurance that the governor’s place in the governing party was second to none.

He noted that the governor’s decision to join the governing party has strengthened the collective resolve of the Tinubu administration and the party to build a more inclusive and prosperous nation.ll

“Your Excellency, we have watched the transformation that Kano has undergone under your leadership. We have seen a commitment to people-centred governance and a respect for the mandate of history. Today, we are proud to welcome you aboard the All Progressives Congress train.

“We welcome you with open hands and open hearts. His Excellency, Bola Ahmed Tinubu has made it abundantly clear that your place in this party is second to none and that your presence strengthens our collective resolve to build a more inclusive and prosperous Nigeria,” the VP stated.

Describing Kano as “an eloquent expression of Nigeria’s cosmopolitan soul” and a state that “welcomes every Nigerian, absorbs every accent, accommodates every ambition, and turns diversity into destiny,” VP Shettima acknowledged the state’s contributions to Nigeria, which he said “stretch far beyond the arithmetic of elections.

“In commerce, Kano has been the heartbeat of enterprise and trade. In scholarship, it has produced minds that interrogate power and redefine ideas. In politics, in culture, in faith, in industry, Kano has consistently offered Nigeria more than it has ever demanded in return. This is a state whose influence transcends geography and whose legacy outgrows any single political moment,” he maintained.

The Vice President recalled that Kano had gifted Nigeria “towering figures who reshaped” the nation’s “political philosophy and moral imagination,” citing prominent politicians like the late Alhaji Maitama Sule and Alhaji Aminu Kano as examples.

Welcoming Governor Yusuf to the APC, Senator Shettima described the governor as “another visionary son of Kano,” observing that the governor and his supporters are on “a political journey that speaks to the future of” Nigeria.

“His Excellency, Governor Abba Kabir Yusuf, may be a man of few words, but his principles speak loudly. They speak in the language of conviction. They speak in the language of discipline. They speak in the language of service. They speak in a tone that cannot be doubted because they are anchored in consistency and guided by purpose,” he stated.

On behalf of the Federal Government, the VP sympathised with Governor Yusuf over the fire outbreak at Singer Market, assuring that the government at the centre will work collaboratively with the state “to ensure that support is extended to all those affected and that recovery efforts are swift and effective.”

Also, Deputy President of the Senate, Barau Jibrin, noted that with the governor’s defection to the APC, Kano was now in the main stream of Nigerian politics and will benefit more from the government at the centre.

“What this means is that Kano will begin to benefit more from the national government. We will have more infrastructure and healthcare delivery as well as all other facets of development. When you (Governor Yusuf) complete your eight years, Kano will become an eldorado,” he said.

On his part, Speaker of the House of Representatives, Hon Tajudeen Abbas, said the coming of Governor Yusuf into the APC was very important and strategic for the party.

“Kano is the powerhouse of our democracy, and today, Allah has made it possible for the governor to move and this will be the beginning of the coming of so many good things to Kano. The future of Kano will be brighter under him,” the Speaker assured.

For his part, APC National Chairman, Prof. Nentawe Yilwatda, said the Governor has made the right move by joining the APC, and the state is set to reap the benefits of the decision.

He praised the infrastructural development witnessed by the state under the governor, assuring that the party will support him to do more for the State.

Prof Yilwatda handed over the symbolic APC flag to the Governor and some federal legislators who also decamped to the APC

Also, Chairman of the Progressive Governors’ Forum, Governor Hope Uzodimma of Imo State, described Governor Yusuf as an original breed of the APC who “only went on sabbatical and has returned home.”

Uzodinma urged supporters and local government chairmen in the state to work hard to ensure victory for APC, saying President Tinubu is happy with the political development in Kano.

Thanking Vice President and the APC entourage for the grand reception, Governor Yusuf said his official entry into the APC was a very important occasion and a defining moment for the state, noting that “the reason for politics should always be to serve the people.”

The governor said he decided to join the APC family in order to deliver results for the people of Kano, adding that all the decisions he has taken as a governor were guided by the need to better the lot of the people.

Explaining why he dump the NNPP, Governor Yusuf said his former party was not providing the cohesion and stability required for the development of the state.

“Kano is too large and too important to be disconnected from the government at the centre,” he added, even as he pledged his support and loyalty to President Bola Tinubu.

Also, former National Chairman of APC, Dr Abdullahi Ganduje, noted that Governor Yusuf’s defection has not only increased the numerical strength of the APC in Kano State but also consolidated the position of the party in the state.

“This move of the governor is a compound of party followers that will continue to think, act, plan and move together to ensure an all round development of Kano State,” he said.

Singer Market Inferno: FG, APC Govs Donate N8bn To Kano Traders

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NCSP DG Salutes China on Spring Festival, Unveils Push for Export-Driven Economic Reset

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NCSP DG Salutes China on Spring Festival, Unveils Push for Export-Driven Economic Reset

By: Michael Mike

The Director-General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has congratulated the government and people of China on the Spring Festival, describing the celebration as symbolic of a renewed and more ambitious phase in Nigeria–China economic relations.

In a statement marking the Lunar New Year, Tegbe noted that this year’s festivities coincide with the 55th anniversary of diplomatic ties between Nigeria and China, established in 1971. He said the milestone reflects a resilient partnership that has grown from formal diplomatic engagement into one of Africa’s most consequential economic relationships.

According to him, the relationship—now elevated to a Comprehensive Strategic Partnership—has expanded beyond trade to encompass infrastructure financing, industrial investment, technology cooperation and people-to-people exchanges.

He said China remains Nigeria’s largest trading partner and a major contributor to strategic infrastructure projects spanning rail, ports, power and industrial parks.

Tegbe, however, stressed that the next chapter of engagement must go beyond infrastructure development to focus on value addition, manufacturing and export competitiveness.

He described the Zero-Tariff initiative introduced by the Chinese government for qualifying African exports as a potential game-changer for Nigeria’s non-oil sector. The policy, he said, opens a pathway for Nigerian producers to access one of the world’s largest consumer markets under preferential trade terms.

“The Zero-Tariff arrangement provides Nigerian businesses with an unprecedented opportunity to scale exports, deepen industrial processing and create jobs at home,” Tegbe stated. “But access alone is not enough—success will depend on quality standards, efficient logistics and strong collaboration between government and the private sector.”

He disclosed that the NCSP is engaging stakeholders across manufacturing, agriculture and export promotion agencies to ensure Nigeria maximises the preferential trade window and translates diplomatic goodwill into measurable economic gains.

Tegbe added that as both countries commemorate 55 years of diplomatic engagement, the symbolism of the Spring Festival—renewal, growth and prosperity—mirrors what he described as a strategic recalibration of bilateral ties toward sustainable development and shared prosperity.

“With deliberate execution and policy discipline, this next phase of Nigeria–China relations can redefine our export landscape and strengthen industrial capacity,” he said.

Observers say the renewed emphasis on export diversification signals a broader shift in Nigeria’s foreign economic strategy, positioning China not just as an infrastructure partner but as a gateway for industrial expansion and global market access.

NCSP DG Salutes China on Spring Festival, Unveils Push for Export-Driven Economic Reset

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