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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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Bayelsa Deepens Angola Partnership, Moves to Activate MoU with Namibe Province

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Bayelsa Deepens Angola Partnership, Moves to Activate MoU with Namibe Province

By: Michael Mike

Bayelsa State has stepped up efforts to strengthen economic and diplomatic ties with Angola, as it moves to implement a Memorandum of Understanding (MoU) signed with Namibe Province during the renewed Nigeria–Angola Bilateral Commission.

The partnership, which began with an exploratory visit to the Angolan coastal province of Namibe, has now entered an implementation phase, with both sides expressing commitment to translating agreements into tangible economic outcomes.

Governor of Bayelsa State, Senator Duoye Diri, while receiving a delegation from Angolan President João Manuel Gonçalves Lourenço led by the Minister of State and Chief of the Civil House of the President of the Republic of Angola, Dionísio Manuel da Fonseca at Bayelsa House in Abuja on Wednesday, said the relationship between Bayelsa and Namibe was built on shared economic characteristics and strategic interests. The delegation included senior Angolan government officials and investment representatives.

He explained that the first visit to Namibe was exploratory, aimed at identifying areas of mutual interest. Namibe, like Bayelsa, is a coastal region with strong potential in aquaculture, fisheries, marine services and other blue economy sectors.

“Namibe is a coastal province like Bayelsa. We have a lot in common in terms of marine resources, fisheries and natural endowments. That informed our decision to foster closer cooperation,” the governor said.

The second engagement coincided with the Nigeria–Angola Bilateral Commission meeting — the first in over two decades, the last having been held in 2005. The high-level meeting was attended by Nigeria’s Minister of State for Foreign Affairs, federal government officials and representatives of subnational governments, including Nasarawa State.

It was during that session that Bayelsa State formally signed an MoU with Namibe Province, focusing broadly on economic development in sectors where both sides have comparative advantages. Nasarawa State also signed a separate agreement with another Angolan province.

The governor noted that although Nigeria and Angola have signed nearly 30 agreements over the years, many were not fully implemented. He described the renewed bilateral engagement as a deliberate effort to reverse that trend.

“What makes this engagement different is the emphasis on implementation. Many agreements were signed in the past but were not executed. This visit is a continuation of that renewed commitment to ensure that what we have signed does not remain on paper,” he stated.

Diri, while commending the Angolan Ambassador to Nigeria, Jose Bamoquina Zau, who was part of the visiting team for working diligently to sustain relations between both countries, acknowledged the role of Nigeria’s leadership in facilitating the revival of the bilateral commission.

The governor also disclosed that a planned reciprocal visit by the Governor of Namibe Province had been postponed due to unforeseen circumstances, including the sudden loss of his deputy governor last year. He, however, expressed optimism that the visit would take place soon.

“We look forward to hosting the Namibe governor in Bayelsa so that we can further consolidate this partnership. Stronger ties between our states and provinces will ultimately strengthen relations between Nigeria and Angola,” he said.

Observers say the Bayelsa–Namibe cooperation reflects a growing trend of subnational diplomacy aimed at boosting intra-African trade, attracting investment and unlocking the economic potential of the continent’s coastal and resource-rich regions.

With both sides signaling readiness to move beyond ceremonial agreements, the partnership is expected to focus on practical collaboration in fisheries development, aquaculture expansion, marine infrastructure and broader economic exchange — positioning Bayelsa and Namibe as strategic gateways for enhanced South–South cooperation.

Bayelsa Deepens Angola Partnership, Moves to Activate MoU with Namibe Province

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NAPTIP Uncovers Cybercrime-Trafficking Ring in Southeast Asia, Rescues 23 Nigerian Youths

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NAPTIP Uncovers Cybercrime-Trafficking Ring in Southeast Asia, Rescues 23 Nigerian Youths

By: Michael Mike

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has exposed an emerging human trafficking route funneling Nigerian youths to Southeast Asia for forced involvement in cybercrime, rescuing and repatriating 23 victims from Thailand.

The victims, mostly young and tech-savvy Nigerians, were allegedly deceived with promises of scholarships and high-paying jobs abroad before being trafficked to countries including Myanmar, Thailand, Laos and Cambodia. Instead of legitimate employment, they were reportedly compelled to participate in sophisticated online fraud schemes targeting victims across several continents.

Director General of NAPTIP, Binta Adamu Bello, described the development as a troubling shift in trafficking patterns, warning that criminal networks are now deliberately targeting educated and skilled youths.

“This is a disturbing evolution in the trafficking landscape,” Bello said. “The perpetrators are no longer focusing only on vulnerable, unskilled individuals. They now recruit intelligent young people with computer and IT skills, especially those with clean health backgrounds, under the guise of scholarships and professional opportunities.”

According to the agency, upon arrival in their destination countries, the victims were trained in cyber-enabled crimes such as romance scams, cryptocurrency fraud and fake investment schemes. Some were enrolled in language programmes, particularly in Chinese, and later deployed as translators or customer service agents to engage and deceive foreign targets.

The rescued youths reportedly revealed that they were housed in tightly controlled facilities and monitored by armed guards. They were assigned daily fraud targets and subjected to threats, intimidation and physical abuse if they failed to comply.

In some instances, victims alleged that those who resisted were tortured, while others claimed there were threats of organ harvesting, particularly against younger recruits perceived to be in good health.

NAPTIP said the rescue operation was carried out in collaboration with civil society organisation Eden (Myanmar), with significant support from the British Government and the Nigerian Embassy in Bangkok, which facilitated emergency travel documentation for the victims.

The agency noted that the latest operation aligns with its renewed crackdown on organised trafficking networks. Bello reiterated NAPTIP’s commitment to dismantling the syndicates behind the scheme and bringing the perpetrators to justice.

“We are strengthening our international partnerships and intelligence-sharing mechanisms to ensure these criminal networks are identified, disrupted and prosecuted,” she said.

Authorities said the 23 rescued Nigerians have arrived safely in the country and are currently undergoing profiling, counselling and rehabilitation as investigations continue.

The agency also urged parents, guardians and young professionals to be wary of overseas job offers that appear too good to be true, particularly those requiring travel to unfamiliar destinations without verifiable documentation.

The revelation underscores growing concerns about the convergence of human trafficking and transnational cybercrime, as criminal groups increasingly exploit digital skills to expand their illicit operations across borders.

NAPTIP Uncovers Cybercrime-Trafficking Ring in Southeast Asia, Rescues 23 Nigerian Youths

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Buni commends Balarabe for his humanitarian contributions in Yobe

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Buni commends Balarabe for his humanitarian contributions in Yobe

By: Yahaya Wakili

Yobe State Governor Hon. Mai Mala Buni CON, COMN, has commended the Managing Director/Chief Executive Officer of Sologuru Nigeria Limited, Alhaji Abdullahi Balarabe DJ Nguru, for his extraordinary humanitarian contribution to the reconstruction and modernization of Rugar Balarabe in the Nguru local government area of Yobe State.

Governor Buni made the commendation in a letter of appreciation personally written by him to Balarabe DJ, saying, “Your selfless decision to transform the site of the burnt Fulani settlement into a state-of-the-art community is a landmark achievement in private philanthropy.”

According to Buni, the comprehensive nature of the facilities provided, including modern two-bedroom residences, a functional clinic, a community mosque, solar-powered boreholes, and full solar electrification for both houses and streets, is truly commendable.

“By donating these essential amenities entirely free of charge, you have not only restored the dignity of the displaced families but have also significantly advanced our administration’s rural revitalization agenda,” Buni said.

“Your forward-thinking approach to sustainable infrastructure sets a high standard for civic leadership in Yobe State, and I thank you for your unwavering patriotism and commitment to the welfare of our citizens.

He revealed that it is my hope that your generous spirit serves as an inspiration to others.

Buni commends Balarabe for his humanitarian contributions in Yobe

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