News
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
Cuba Slams New US Sanctions as ‘Economic Warfare,’ Warns of Deepening Humanitarian Crisis
Cuba Slams New US Sanctions as ‘Economic Warfare,’ Warns of Deepening Humanitarian Crisis
By: Michael Mike
The government of Cuba has accused the United States of escalating economic warfare against the island nation following a sweeping new executive order and fresh sanctions that Havana says could worsen an already severe humanitarian and economic crisis.
In a strongly worded statement issued Thursday in Havana, Cuba’s Ministry of Foreign Affairs condemned the May 1, 2026 Executive Order signed by the White House, describing it as one of the harshest measures imposed against the communist nation in decades.
The Cuban government also denounced a subsequent decision by the United States Treasury Department on May 7 to place Cuban conglomerate Gaesa and mining company MoaNickel S.A. on the List of Specially Designated Nationals, effectively cutting them off from the American financial system and exposing foreign businesses dealing with them to possible secondary sanctions.
Havana described the move as a “ruthless act of economic aggression” aimed at tightening the long-standing United States blockade against Cuba and isolating the country from global trade and financial networks.
According to Cuban authorities, the latest measures threaten to deepen the island’s economic hardship at a time when the country is already battling chronic shortages of fuel, food, medicine and foreign exchange.
The Foreign Ministry argued that the sanctions go beyond bilateral relations between Washington and Havana by attempting to punish foreign companies, banks and governments that maintain economic ties with Cuba.
“The sovereign right of all states that have or wish to maintain economic, commercial and financial relations with Cuba is being explicitly attacked,” the statement declared.
Cuba accused senior United States officials, particularly the Secretary of State, of using intimidation and political pressure to force the international community into compliance with the blockade policy.
The statement further alleged that the new measures were intended to provoke economic collapse and social unrest within Cuba.
Havana warned that worsening economic pressure could create conditions for instability and potentially serve as justification for more aggressive actions against the island.
The Cuban government also accused Washington of attempting to manufacture a humanitarian crisis capable of triggering political upheaval.
The latest confrontation marks another sharp downturn in relations between the two Cold War-era adversaries whose ties have fluctuated between cautious engagement and hostility over the last six decades.
The United States first imposed trade restrictions on Cuba in the early 1960s following the Cuban Revolution led by Fidel Castro and the subsequent nationalisation of American-owned assets on the island. Relations deteriorated rapidly after Cuba aligned itself with the former Soviet Union during the Cold War.
In 1962, Washington formalised a broad economic embargo against Cuba, arguing that the measures were necessary to pressure Havana toward democratic reforms and respect for human rights.
Over the decades, the sanctions evolved into one of the world’s longest-running economic blockade regimes, affecting trade, banking, investment and travel.
Although there were signs of rapprochement during the administration of former President Barack Obama — including the restoration of diplomatic relations and the easing of some restrictions — many sanctions were later reinstated and expanded under subsequent administrations.
In recent years, Cuba has faced mounting economic difficulties caused by declining tourism revenues, inflation, fuel shortages and limited access to international credit markets.
The Cuban government has consistently blamed the United States embargo for worsening living conditions on the island, while Washington maintains that Havana’s centrally controlled political and economic system is primarily responsible for the country’s struggles.
The renewed sanctions are expected to intensify debates within the international community, where many countries and global organisations have repeatedly called for an end to the embargo.
For more than 30 consecutive years, the United Nations General Assembly has overwhelmingly voted in favour of resolutions urging the United States to lift its economic blockade against Cuba, describing the measures as harmful to ordinary citizens and contrary to international law.
Despite the growing pressure, both governments remain firmly entrenched in their positions, raising fears that tensions between Havana and Washington may continue to escalate in the coming months.
Cuba Slams New US Sanctions as ‘Economic Warfare,’ Warns of Deepening Humanitarian Crisis
News
NSCDC Smashes Interstate Car Theft Network, Arrests Syndicate Members Linked to Over 160 Stolen Vehicles
NSCDC Smashes Interstate Car Theft Network, Arrests Syndicate Members Linked to Over 160 Stolen Vehicles
By: Michael Mike
Operatives of the Commandant General’s Special Intelligence Squad (CG’SIS) of the Nigeria Security and Civil Defence Corps have dismantled a sophisticated interstate car-snatching syndicate allegedly responsible for stealing and trafficking vehicles across several states, arresting multiple suspects and recovering stolen automobiles and dismantled vehicle parts.
The operation, described by security officials as one of the most significant breakthroughs against organised vehicle theft networks in recent months, followed intelligence reports linking the syndicate to coordinated car-snatching activities spanning the Federal Capital Territory, Nasarawa State, Kaduna State, Benue State, Kogi State and Plateau State.
The crackdown was ordered by the Commandant General of the NSCDC, Ahmed Audi, following what the Corps described as rising concerns over the activities of organised criminal groups targeting motorists and vehicle owners on interstate routes.

According to a statement issued by the NSCDC National Headquarters in Abuja on Friday, operatives of the CG’SIS acted on credible intelligence provided by informants and launched a coordinated operation that led to the arrest of key members of the syndicate.
According to the spokesman of NSCDC, Afolabi Babawale, those arrested include Hassan Bukar; Adam Musa, popularly known as Yellow; Ibrahim Haruna, alias Biggie; Adamu Mohammed; Sahal Abdullahi Aliyu; and Abubakar Yusuf, while several other members of the network are said to be on the run.
According to him, investigations by the Corps revealed that the syndicate allegedly specialised in stealing vehicles and supplying them to scrap dealers and vehicle spare parts merchants who dismantled the automobiles to destroy identifying traces and frustrate recovery efforts by owners and security agencies.
The NSCDC said the criminal network had developed a coordinated system for laundering proceeds from the illegal trade through cash payments and Point of Sale transactions in a bid to evade detection.
Commander of the CG’SIS, Commandant Apollo Dandaura, disclosed that five shops located within the Zuba Scrap Market in Abuja had been sealed as part of the ongoing investigation.
He further revealed that operatives recovered an already dismantled Toyota Camry allegedly sold for ₦1.15 million.
Dandaura said the operation exposed an extensive criminal supply chain involving vehicle thieves, middlemen, scrap dealers and buyers spread across several states.
According to him, the NSCDC remains determined to dismantle criminal syndicates threatening public safety and economic stability across the country.
“The Commandant General has directed that investigations be intensified to ensure every member of this network is tracked down and prosecuted,” he said.
One of the major breakthroughs in the investigation came from the interrogation of a suspect identified as Abdulsalam Isa, who allegedly confessed to serving as a courier and facilitator for a fleeing suspect, Ismail Haruna, also known as “Malam na TK.”
Investigators alleged that Isa admitted collecting stolen vehicles from suppliers operating in different parts of the country, including Gwagwalada and Ugwako.
The suspect reportedly disclosed that during the Ramadan period this year, he accompanied Ismail Haruna to Sauka over disputes relating to unpaid proceeds from stolen vehicle transactions involving another suspect identified as Dangwari.
According to the NSCDC, Isa further confessed that Haruna repeatedly instructed him to receive stolen vehicles at strategic locations including Sauka Bridge, Airport Bridge and Zuba Bridge.
Operatives eventually arrested Isa at Zuba Bridge while allegedly attempting to take delivery of another stolen vehicle.
The Corps also disclosed that financial records obtained during the investigation allegedly revealed consistent transactions between Isa and Ismail Haruna, strengthening claims that the suspects operated a coordinated payment structure for stolen vehicles.
Investigators said the evidence gathered so far established a prima facie case against the suspects for offences bordering on criminal conspiracy, theft, belonging to a gang of brigands, dishonestly receiving stolen property and concealment of stolen property under relevant provisions of the Penal Code.
The NSCDC alleged that Hassan Bukar, one of the principal suspects, was arrested in Keffi on April 3, 2026, with a stolen Toyota Corolla.
During interrogation, Bukar allegedly confessed to involvement in the theft and trafficking of more than 160 vehicles since 2014.
Investigators claimed he acted as a major link between vehicle thieves and buyers across the network and allegedly sold a stolen white Toyota Corolla LE to another syndicate member known as Dangwari for ₦900,000, with payments traced to his account.
Another suspect, Adam Musa, alias Yellow, was accused of participating in the purchase and resale of stolen vehicles for at least two years.
The NSCDC alleged that vehicles linked to his operations included a Honda Civic, Toyota RAV4, Toyota Camry and Toyota Sienna.
Musa was also accused of criminal breach of trust involving a vehicle allegedly entrusted to him for sale.
Similarly, investigators alleged that Adamu Mohammed operated as an intermediary and workshop owner who facilitated the disposal of stolen vehicles without documentation while retaining commissions from the transactions.
Another suspect, Sahal Aliyu Abdullahi, was accused of purchasing and dismantling stolen vehicles, including a Toyota Camry recovered during the operation.
Security analysts say the operation highlights the growing sophistication of organised vehicle theft syndicates operating across Nigeria and the increasing involvement of scrap markets and illegal spare parts dealers in the disposal of stolen automobiles.
The NSCDC said efforts were ongoing to apprehend fleeing suspects and dismantle the wider criminal network behind the interstate car theft ring.
NSCDC Smashes Interstate Car Theft Network, Arrests Syndicate Members Linked to Over 160 Stolen Vehicles
News
EU Reaffirms Support for Nigeria’s 2027 Elections
EU Reaffirms Support for Nigeria’s 2027 Elections
By: Michael Mike
The European Union has reaffirmed its commitment to supporting Nigeria’s democratic process ahead of the 2027 general elections, stressing that its role would remain focused on technical assistance, institutional strengthening and capacity building rather than interference in the country’s internal affairs.
Speaking during activities marking the 2026 Europe Day in Abuja, the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot
said the union would continue to support democratic governance initiatives involving key electoral stakeholders, including the Independent National Electoral Commission (INEC), civil society organisations, political parties, the National Assembly and the media.
The envoy said the EU had consistently supported democracy and electoral reforms in Nigeria through its Support to Democratic Governance programme, aimed at improving the credibility and transparency of elections.
According to the ambassador, preparations for the 2027 polls would build on recommendations made by previous EU Election Observation Missions and expert reports submitted after earlier elections.
“We will continue doing what we have been doing consistently, which is trying to reinforce capacities, trying to help reforms and improve the system little by little over the years,” the envoy stated.
Responding to concerns raised by journalists over electoral violence, low voter turnout and the non-implementation of recommendations from previous election observers, the ambassador insisted that the responsibility for conducting credible elections ultimately rests with Nigerian authorities.
“I think your question has to be directed to Nigerian authorities in charge of organising elections. It is a sovereign responsibility of Nigerian authorities,” the envoy said.
The ambassador stressed that the EU was not in Nigeria to impose sanctions, issue “yellow cards or red cards,” or dictate the country’s political direction, but rather to support ongoing reforms where requested.
The envoy also disclosed that the EU’s intervention would not primarily involve direct funding of elections but would focus more on technical assistance, institutional support and training for electoral stakeholders.
On media participation, the ambassador noted that journalists remained an important component of the EU’s democratic governance support framework and would continue to benefit from engagement programmes under the initiative.
The envoy, however, said it was still too early to outline specific activities or financial commitments for the 2027 elections.
Concerns over Nigeria’s democratic future and fears of a possible drift toward a one-party state were also raised during the interaction, but the ambassador maintained that assessing Nigeria’s political direction remained the responsibility of Nigerians themselves.
The EU representative added that a follow-up mission on recommendations from the 2023 elections had already been conducted, while attention was now focused on further implementation of electoral reforms and strengthening public confidence in the electoral system.
EU Reaffirms Support for Nigeria’s 2027 Elections
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News1 year agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
