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With 150 Companies and $27b Investment in Nigeria, India Interested in More, Says Envoy
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
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
By: Michael Mike
The Administrator of the Presidential Amnesty Programme, Dr Dennis Otuaro, has described the programme’s scholarship scheme as a major vehicle towards ensuring a better future for the Niger Delta.
He spoke at the opening ceremony for the fifth batch of the two-day “Leadership, Alternative Dispute Resolution, and Mediation Training for PAP Stakeholders” organised by the Office in collaboration with the Alumni Association of the National Defence College (AANDEC) at the Nigerian Army War College, Abuja, on Thursday.
Otuaro, who declared the workshop open, said that the decision for the massive deployment of scholarship students to universities within and outside Nigeria is informed by the need to utilise formal education to build a sure future for the communities in the region.
According to him, his leadership’s focus on education is aimed at investing in the youths as a deliberate effort to equip them to be drivers of the planned prosperity, peace, stability and development of the Niger Delta in the years ahead.
He said, “We have seriously focused on education, and the scholarship programme is a proper vehicle for a better tomorrow for our region. So far, between 2024 and 2025, we have deployed over 9000 scholarship students to universities within and outside Nigeria; in-country deployment alone this year is 4500.
“These are deliberate efforts we are taking to prepare our region for tomorrow. We need to prepare the next generation for the challenges of peace, socio-economic growth, development, and security.
“If we don’t equip our youths today with education, tomorrow would not be assured. It is time to prepare for the rainy day, that is why we are deliberately investing in the education of our young ones.
“I believe that the scholarship beneficiaries will appreciate this opportunity that we are giving to them. For nearly two years, we have tried as much as possible to impact nearly all communities through the scholarship programme.”
Otuaro explained that the capacity-building workshop was organised to consolidate the PAP’s peacebuilding process in the Niger Delta in alignment with the Renewed Hope Agenda of President Bola Tinubu.
He told the participants that they have a great role to play in the task of deepening the peacebuilding process because they are stakeholders and leaders in their own right.
The PAP helmsman said the time had come for stakeholders to unite strongly and come together to resolve issues in the region without the involvement of outsiders.
He urged the participants to be role models for stability and peace ambassadors of President Tinubu in the Niger Delta.
He also stressed that peacebuilding should be their watchword going forward.
Otuaro expressed appreciation to Tinubu for his steadfast support for the PAP, saying that the president is pleased with the existing peace and stability in the Niger Delta.
He applauded the National Security Adviser, Mallam Nuhu Ribadu, for his encouragement and strategic supervision of the PAP.
He further extended gratitude the management of the Nigerian Army War College, resource persons, and the leadership and membership of the AANDEC for partnering with the PAP to deepen the peacebuilding process in the region.
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
By: Zagazola Makama
The Kwara State Police Command has arrested three suspected kidnappers and recovered 54 rounds of live AK-47 ammunition during a patrol operation in Bani area of the state.
Sources said the arrest was made at about 11:30 a.m. on Tuesday following intelligence-led patrol by local vigilantes.
According to sources, the Vigilante Commander in Bani, Taiye Abubakar, and his team were on patrol within the Bani axis when they sighted two men riding on a Bajaj motorcycle.
The suspects were identified as Gero Mahamadu of Komi Marshallashi via Bani and Lawale Falike of Sambo Ginda via Jebba.
The sources stated that while efforts were made to stop them, Lawale Falike initially fled the scene, but Gero Mahamadu was arrested. A search conducted on him led to the recovery of 54 rounds of live AK-47 ammunition.
The sources added that during interrogation, Gero Mahamadu confessed that the ammunition was supplied by one Alhaji Shahu Fire and one Ismail Mashamari, both of Sambo Ginda via Jebba, and was to be delivered to one Manu of Ilesha Baruba for a planned kidnapping operation.
Subsequently, Lawale Falike and Alhaji Shahu Fire were arrested, while the suspects reportedly made useful confessional statements.
The police said efforts were ongoing to arrest the remaining suspects, including Manu and Ismail Mashamari, and to recover any additional arms or ammunition connected to the planned crime.
Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
Assistant Commissioner of Police dies during duty in Ebonyi
By: Zagazola Makama
A senior police officer, Assistant Commissioner of Police (ACP) Ogbon-Inu Taiwo Popoola, has died while in service at the Ebonyi State Police Command.
Sources said the incident occurred at about 10:30 a.m. on Tuesday during a management meeting at the Commissioner of Police’s office in Abakaliki.
According to the sources, ACP Popoola, who was the Assistant Commissioner of Police in charge of the State Intelligence Department (SID), suddenly developed breathing difficulty and began gasping for breath during the meeting.
He was immediately rushed to the Police Medical Centre at the Police Headquarters, Abakaliki, where he was promptly attended to by the command’s medical personnel.
Despite efforts to resuscitate him, the officer was confirmed dead by medical doctors.
The sources said preliminary medical findings indicated that the death was due to cardiac arrest, secondary to hypertensive heart disease.
The remains of the deceased have been deposited at the Alex Ekwueme Federal University Teaching Hospital (AE-FUTHA 1) mortuary in Abakaliki.
The police described the late ACP Popoola as a dedicated officer who served the Force with commitment and professionalism.
May his soul rest in peace
Assistant Commissioner of Police dies during duty in Ebonyi
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
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Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
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