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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
Vocational skills: Chief of Defence Staff trains 78 retired veterans in North-East
Vocational skills: Chief of Defence Staff trains 78 retired veterans in North-East
The Chief of Defence Staff (CDS), Olufemi Oluyede has trained no fewer than 78 retired military veterans in North-East on vocational skills.
The veterans were drawn from Adamawa, Bauchi, Borno, Gombe Taraba and Yobe States.
The theme is “Empowering Veterans Through Skills Acquisition for Capacity Building and Sustainability,”
Speaking at the three-day training in Yola on Wednesday, General Olufemi Olatubosun Oluyede, the CDS represented by Director, Veterans Affairs Division, Defence Headquarters, Maj. Gen. Oluwafemi Williams said, the training is a strategic initiative aimed at enhancing the well-being of the veterans.
He said, the initiative is for the veterans across six geopolitical zones to help themselves and their families due to the economic situation in the country.
“With the caliber of facilitators selected to deliver this training, I am confident that the participants will be well prepared to take full advantage of the existence of the poverty alleviation programme under my stewardship.
“And with alignment with the Renewed Hope Agenda of President Bola Tinubu”, he said.
He urged them to take advantage of the training and improve on their livelihood and to also network with other colleagues.
According to him, subsequently the beneficiaries would be empowered with starter parks.
Gov. Ahmadu Fintiri of Adamawa, commend the Defence Headquarters for organising the training for the veterans across the six geopolitical zones.
Fintiri, presented by the Chief of Staff Government House also commended the veterans for their sacrifice in serving the nation, and urged them to take advantage of the training to succeed in future.
Prof. Augustine Danwe of Modibbo Adama University (MAU), Yola one of the resource persons said, the training would expose the veterans to a gold smile in Agricultural production.
According to him, with the discipline in the beneficiaries by the military when they implement the skills into practice they would succeed in their respective states.
He urged the veterans to apply the skills into practice for maximum benefit.
Sgt. Sule Gagare retired veteran and a beneficiary from Bauchi thanked and appreciated the CDS for empowering them with the skills and prayed for all the promises made to be fulfilled.
The training focuses on poultry products, snail farming, livestock management, fishery, animal husbandry, integrated irrigation farming system and Modern crops farming techniques.
Vocational skills: Chief of Defence Staff trains 78 retired veterans in North-East
News
COAS reassures troops, pledges improved support during operational visit to operation FANSAN YANMA in Zamfara
COAS reassures troops, pledges improved support during operational visit to operation FANSAN YANMA in Zamfara
By: Zagazola Makama
The rugged landscape of Operation FASA YEMMA’s area of responsibility came alive with renewed optimism on Wednesday as the Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, paid his maiden operational visit, engaging frontline troops and assuring them of sustained support, welfare and enhanced joint operations.
The visit, which brought together senior commanders from the Nigerian Army, Navy and Air Force, marked a significant boost to the morale of troops deployed across one of Nigeria’s most challenging security theatres.
Addressing the soldiers, Shaibu praised their bravery and resilience, acknowledging the vastness and complexity of the area covered by the operation.
“I am here on my maiden operational visit to Operation FASA YEMMA. The area of responsibility is very large, and we understand what that means for all of you operating under difficult circumstances,” he said.
The COAS disclosed that he had received a thorough brief from the Theatre Commander, detailing operational challenges and requirements.
“I have just listened to a detailed brief from the Theatre Commander, which outlines the challenges the troops are facing, and we are tackling those challenges headlong,” he assured.
He also highlighted the presence of senior representatives from sister services, including the Nigerian Air Force and Nigerian Navy, reinforcing the commitment to joint inter-service collaboration.
“I am here with the Chief of Air Staff, ably represented by AVM Maddy, the Chief of Operation. Together, we are listening to the challenges of both the air and land components. The representative of the Chief of Naval Staff is also here, listening to the concerns of our Special Boat Service personnel. I assure you all that these issues will be addressed going forward,” he said.
Shaibu emphasized professionalism, discipline and the enduring values of the military as essential tools for confronting the region’s complex security threats.
“I want to encourage you to continue to uphold the core values of the Army and the Armed Forces so that we can tackle the myriad challenges confronting Operation FASA YEMMA,” he said.
In a tone that blended firmness with empathy, the COAS reminded troops of the significance of their service.
“As soldiers, you must understand that the job you are doing is a very noble one. Your presence here has ensured that most people go about their daily duties without fear. For that, we appreciate you,” he said.
He assured them that issues affecting their welfare would remain a priority of the Army leadership.
“Your welfare issues will be given top priority to ensure that you discharge your duties properly. These challenges are transient. Remain resolute, determined, and carry out your duties professionally. The Nigerian people appreciate what you are doing,” he added.
As he prepared to conclude his address, Shaibu opened the floor for direct engagement with the troops.
The visit is seen as part of the Army leadership’s broader effort to strengthen troop confidence, improve operational synergy, and reinvigorate the fight against banditry and terrorism in the North-West.
With vast forest corridors, fluid enemy movements and difficult terrain, Operation FASA YEMMA has remained a critical component of national security efforts.
COAS reassures troops, pledges improved support during operational visit to operation FANSAN YANMA in Zamfara
News
N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
By: Michael Mike
Oluebube Miracle Ezechukwu, one of the standout athletes produced by N-Youth Sports Academy, has earned a full athletic scholarship to Auburn University in the United States, gaining admission into the university’s prestigious Track & Field (TFXC) program.
A reigning African Champion and one of the continent’s most explosive young sprinters, Miracle showcased her exceptional talent by winning gold at the African Championships. Her powerful speed, technical refinement, and consistent performances have established her as one of Africa’s brightest rising stars in athletics.
This full scholarship represents a major milestone in her sporting journey, opening the door for her to compete on the highly competitive NCAA stage. At Auburn University—renowned for producing world-class athletes—Miracle is expected to further develop her abilities and make an even greater impact on the global athletics scene.
Her coaches, supporters, and the entire N-Youth community celebrate this achievement as a reflection of her discipline, determination, and relentless pursuit of excellence. Miracle’s success stands as an inspiration to young athletes across Africa.
As she prepares to represent both Auburn University and the African continent on an international platform, Oluebube Miracle Ezechukwu continues to make us all proud.
N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
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