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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 repel insurgents, neutralise suspected informant in Borno
Troops repel insurgents, neutralise suspected informant in Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have repelled suspected insurgents and neutralised a suspected informant during operations in Ngamdu area of Borno.
Military sources said the action followed signals intelligence indicating that suspected Boko Haram elements were massing.
At about 2:30 a.m. on Feb. 18, troops carried out a fire mission on the identified area, forcing the insurgents to disperse and abort their suspected plan.
Shortly afterward, at about 3:45 a.m., troops engaged and neutralised a suspected insurgent informant who attempted to breach the trench defensive position in Ngamdu.
Sources said the troops immediately conducted a search of the surrounding area after the encounter but made no further contact with fleeing suspects.
Troops repel insurgents, neutralise suspected informant in Borno
News
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
By: Zagazola Makama
Troops of Operation Hadin Kai have disrupted a suspected terrorist gathering and arrested five suspected arms smugglers during separate operations in Yobe State.
Security sources said that at about 6:21 p.m. on Feb. 17, troops conducted a fire mission following credible intelligence that terrorists were converging in large numbers on motorcycles at Mangari, about 10.6 kilometres from the location of the 135 Special Forces Battalion in Buratai.

The swift action forced the insurgents to disperse in disarray, effectively disrupting their suspected plans.
In a separate development, troops of the Forward Operating Base (FOB) Potiskum apprehended five suspected arms smugglers and abductors at about 4:30 a.m. on Feb. 18 at a checkpoint along the Gombe–Potiskum road.

Those arrested included a 41-year-old suspect, Baba Abare, who was found in possession of an AK-47 rifle, alongside four others identified as Idris Zakari, 33; Nasiru Aliyu, 25; Abdullahi Sulaiman, 35; and Mohammed Idris, 34, all said to be indigenes of Potiskum town.

The suspects were intercepted in two Golf Wagon vehicles bearing registration numbers Borno NGL-506XA and Kaduna DKD16-01.

They were disarmed and handed over to appropriate authorities for further investigation.
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
News
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
The Bayelsa State Chapter of the All Progressives Congress (APC) Grassroot Movement (BSAGM), has expressed deep dissatisfaction over the State Governor, Senator Douye Diri biased, marginalized conduct of the party ward congress in the state.
Condemning in strong terms the APC ward congress conducted on Wednesday, 18th of February, 2026, the group described the process as witch-hunt of a selected group of stakeholders and leaders in the party.
A statement issued on Thursday by the group’s spokesman, Mr John Peremobowei, condemned the governor’s deliberate segregation of key stakeholders in various wards geared towards generating division.
Some APC stalwarts through their followers have expressed profound dissatisfaction on the social media over segregation and non-inclusion of critical stakeholders who stood firmly as an opposition in building the “Hausa party” in Bayelsa State.
They stated that Governor Douye Diri’s failure to conduct an all inclusive APC congress in various wards across the state; which is his first assignment as party leader after defection, has proven beyond a shadow of doubt that the governor is incapable to manage affairs of the party in the state.
The group said “Governor Diri who could not manage insignificant affairs of the Peoples Democratic Party, PDP leading to Mr George Turnah factional leadership in Bayelsa, has transferred the same attitude from the PDP to the APC barely four months of defection.
“The governor whose administration and leadership depend, and feed on propaganda, rumours, gossip from subordinates without investigation before making decisions, obviously cannot build, neither maintain the APC–as he couldn’t manage the PDP.
“Senator Diri leadership of division, propaganda to incite leaders against other leaders, can’t build people like he was deliberately built by the likes of former President Goodluck Ebele Jonathan, GCFR, Chief Timi Alaibe, Senator Seriake Dickson and others.
“Diri is a Supreme Court Governor who has never had grassroot support due to failure to manage people from his days in house of representatives, senate till date as governor, and the Bayelsa APC is in trouble because he can’t build neither maintain a party.”
The group said the governor who was a financier of Atiku-Okowa PDP presidential ticket, and worked so hard against President Ahmed Bola Tinubu in the 2023 presidential election, defected to the APC for fear of prosecution by the anti-corruption agencies over misappropriation.
Governor Diri who has been receiving over thirty-four billion naira and above on a monthly basis from the federation account since the inception of President Bola Tinubu administration, was caught by the United States interpol with huge amount of money early 2025.
The group’s spokesman cried out to the APC National Working Committee, President Bola Tinubu for immediate intervention, saying followers/loyalists of the former governor and minister, Chief Timipre Sylva were sidelined in the ward congress in various wards across the state, describing it as witch-hunt.
“Sylva with the support of loyalists brought APC to Bayelsa, and fought so hard to build, and strengthen the party as an opposition, and today, he is unjustly marginalized in the party.
“Despite undeserved exclusion in the party congresses, we the steadfast supporters of Chief Timipre Sylva will stand firm in galvanizing support for President Bola Tinubu re-election.
“We have stood firm in APC even as an opposition in the state, but can’t relent now that it is the ruling party.
“We call on President Bola Tinubu to intervene, as he did in Rivers, and call Governor Douye Diri to order–as his actions are targeted towards generating division in the party.
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
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