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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
News
Troops rescue 21 kidnapped victims, clear bandits’ camps in forest operation in Plateau
Troops rescue 21 kidnapped victims, clear bandits’ camps in forest operation in Plateau
By: Zagazola Makama
Troops of the Nigerian Army have rescued 21 kidnapped victims and dismantled several bandits’ camps during a coordinated clearance operation in Daji Madam Forest in Plateau State.
Security sources said the operation was conducted in the early hours of April 9 by troops of 33 Artillery Brigade, led by the Brigade Commander, Brig.-Gen. S.S. Shehu, in collaboration with a team from the Office of the National Security Adviser (ONSA).l

The operation targeted identified bandits’ enclaves in locations including Dogo Ruwa and Bogwas within the forest.
Simultaneously, troops of a Combat Support Infantry Battalion deployed at Mansur, led by Lt.-Col. J.T. Bere, in conjunction with Civilian Joint Task Force (CJTF) elements, mounted blocking positions at key crossing points to prevent the escape of fleeing bandits.
During the operation, troops made contact with the armed elements and successfully cleared multiple camps, including one linked to a notorious bandit leader identified as Auta Kachalla.
In the course of the operation, troops rescued 21 kidnapped victims and destroyed several motorcycles belonging to the bandits,” a source said.
Items recovered from the camps included one G3 rifle, four magazines, three generating sets and a solar panel.
The rescued victims are expected to undergo medical checks and debriefing, while efforts are ongoing to reunite them with their families.pp

Troops said offensive operations continue in the general area to eliminate remaining threats.
The operation is part of ongoing efforts by security forces to dismantle criminal networks and restore stability across forested enclaves in Plateau and adjoining states.
Troops rescue 21 kidnapped victims, clear bandits’ camps in forest operation in Plateau
News
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
By: Michael Mike
The Federal Government has moved to curb the controversial installation of “Eze Ndigbo” in foreign countries, backing a sweeping decision by Ohanaeze Ndigbo Worldwide and South East traditional rulers to abolish the practice outside Igboland, following a series of international incidents that have strained Nigeria’s diplomatic relations.
Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, delivered the government’s position at the high-level Imeobi meeting of Ohanaeze in Enugu on Thursday, describing the proliferation of Igbo “kings” in the diaspora as a growing embarrassment to Nigeria and a trigger for avoidable conflicts abroad.
She warned that while diaspora communities are free to promote their culture, attempts to replicate traditional rulership structures in foreign lands have repeatedly sparked tensions with host authorities and local populations.
The latest flashpoint occurred in East London, where the coronation of Solomon Ogbonna Eziko ignited violent protests. The unrest led to the destruction of property, attacks on foreign-owned businesses, and clashes with security forces, after locals interpreted the installation as a challenge to South Africa’s traditional authority system.
South African institutions, including the Eastern Cape House of Traditional and Khoi-San Leaders and the Department of Cooperative Governance and Traditional Affairs, declared the coronation illegal, underscoring the diplomatic sensitivity of such actions.
Nigeria’s foreign missions quickly distanced themselves from the development, with officials clarifying that the event was merely cultural and not a recognized monarchy. The Nigerian Embassy in Pretoria subsequently issued an apology and urged citizens to maintain a low profile.
Odumegwu-Ojukwu revealed that similar tensions had surfaced in Accra in 2025, where protests against Nigerians escalated over the same issue. She led a diplomatic delegation to calm the situation, engaging directly with John Mahama and other key stakeholders.
According to her, the intervention of the Ghanaian president was pivotal in diffusing tensions, as he reaffirmed his country’s commitment to ECOWAS protocols on free movement and rejected calls for xenophobic actions against Nigerians.
The minister stressed that such crises place Nigerian lives, businesses, and diplomatic standing at risk, insisting that urgent measures were necessary to prevent further escalation.
In response, Ohanaeze Ndigbo Worldwide has formally proscribed the conferment and use of “Eze Ndigbo” titles outside Igboland. President-General of the organization, Azuta Mbata, declared that any individual assuming such a title abroad does so without the backing of the Igbo people.
He disclosed that the group would notify state governments and Nigerian missions globally of the decision and is working with traditional rulers to establish sanctions for violators, including community-level enforcement through hometowns and town unions.
The Federal Government has pledged to reinforce the directive through its diplomatic channels, signaling a coordinated effort to prevent further international disputes linked to cultural misrepresentation.
The development marks a decisive shift by both the government and Igbo leadership to separate cultural expression from traditional authority in diaspora settings, amid growing concern over the global implications of local customs.
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
News
Africa, France Move to Reset Economic Ties at Nairobi Summit
Africa, France Move to Reset Economic Ties at Nairobi Summit
By: Michael Mike
African leaders and their French counterparts are set for a critical engagement next month as Kenya and France prepare to host the Africa Forward Summit: Africa–France Partnerships for Innovation and Growth in Nairobi, amid growing calls for a new model of cooperation that delivers real economic impact for the continent.
The summit, scheduled for May 11–12, 2026, will convene top political leaders including Emmanuel Macron and William Ruto, alongside African Heads of State, investors, development partners, civil society groups, and youth representatives.
A Business Forum on May 11 is expected to drive private sector engagement and set the tone for the main summit, where discussions will centre on investment, innovation, and long-term economic collaboration.
Organisers said the summit is designed to move beyond diplomatic symbolism, focusing instead on actionable partnerships in key sectors such as healthcare, agriculture, digital technology, energy, and infrastructure—areas considered vital to Africa’s transformation.
For countries like Nigeria, the outcomes could be significant, offering pathways to attract investment, create jobs, and strengthen economic resilience at a time of global uncertainty.
The summit comes against the backdrop of evolving relations between Africa and France, marked by increasing demands from African nations for more equitable and transparent partnerships.
Historically, France has maintained strong political, economic, and military ties with several African countries, particularly in West and Central Africa. However, in recent years, these relationships have come under scrutiny, with critics calling for an end to perceived imbalances and a shift toward mutual respect and shared benefits.
At the same time, Africa’s global relevance has risen, driven by its growing population, expanding markets, and strategic importance in global supply chains. This has intensified competition among global powers seeking influence on the continent, prompting France to recalibrate its engagement strategy.
The Africa Forward Summit is seen as part of that reset—an attempt to reposition France as a partner in innovation and sustainable development rather than a traditional power broker.
The timing is also significant as it feeds into preparations for the upcoming G7 Summit, where Africa’s economic future, climate challenges, and development financing are expected to dominate discussions.
Analysts said the Nairobi meeting could serve as a testing ground for how Africa and its international partners engage moving forward—shifting from aid-driven relationships to investment-led cooperation.
With unemployment rising and infrastructure gaps widening across many African economies, expectations are high that the summit will produce concrete commitments rather than broad declarations.
Diplomatic missions in Abuja have indicated that further details will be unveiled at a press briefing, but stakeholders are already positioning the summit as a defining moment in reshaping Africa–Europe relations.
If successful, the Africa Forward Summit could mark a turning point—signaling a transition from historic ties to future-focused partnerships built on innovation, shared prosperity, and measurable outcomes.
Africa, France Move to Reset Economic Ties at Nairobi Summit
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