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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 Foil Bandits’ Attack, Recover 27 Rustled Animals in Sokoto
Troops Foil Bandits’ Attack, Recover 27 Rustled Animals in Sokoto
By Zagazola Makama
The troops of Operation FANSAN YANMA have foiled an attempted attack by suspected Lakurawa bandits and recovered 27 rustled animals in Silame Local Government Area of Sokoto State.
Security sources said the incident occurred at about 8:00 p.m. on May 1 when a large number of armed bandits invaded Gumki and Zeringo-Gande villages, firing sporadically and rustling domestic animals.
The sources disclosed that upon receiving the distress the troops swiftly mobilised and blocked routes leading to the bandits’ camp in Zamori forest.
According to the sources, the troops engaged the attackers in a gun duel, overpowering them and forcing their retreat toward the Niger Republic border.
They added that all 27 rustled animals were successfully recovered and would be returned to their rightful owners.
The sources further confirmed that no casualties or injuries were recorded among security personnel during the operation.
Security presence has since been reinforced in the area, with continuous patrols to prevent further incursions.
Troops Foil Bandits’ Attack, Recover 27 Rustled Animals in Sokoto
News
Teenager Dies After Fight with Neighbour in Yobe Community
Teenager Dies After Fight with Neighbour in Yobe Community
By Zagazola Makama
A 14-year-old boy, Musa Umar, has died following a violent altercation with a neighbour in Jama’are village via Fika in Yobe State.
Security sources said the incident occurred on April 30 at about 10:00 p.m. when Musa engaged in a fight with another minor, Adamu Yusuf, 12, during which he was struck on the head with a stick.
The sources disclosed that the injured boy was initially rushed to Gadaka General Hospital for treatment before being referred to Fika General Hospital due to the severity of his condition.
According to the sources, Musa died on the way to the referral hospital and was later certified dead by a medical doctor.
They added that the body was documented and released to the family for burial following necessary procedures.
The sources further said efforts are ongoing to apprehend the suspect, while investigations have commenced to determine the circumstances surrounding the incident.
Teenager Dies After Fight with Neighbour in Yobe Community
News
Boko Haram, ISWAP Battle for Dominance in Sambisa Forest” as deadly clashes intensify
Boko Haram, ISWAP Battle for Dominance in Sambisa Forest” as deadly clashes intensify
By Zagazola Makama
Fresh intelligence emerging from insurgent enclaves in Borno State suggests an escalation of deadly clashes between Boko Haram and the Islamic State West Africa Province (ISWAP), with both factions locked in violent confrontations deep inside the Sambisa Forest and surrounding areas.
At about 8:43 p.m. on April 30, a conversation reportedly took place between a suspected Boko Haram fighter identified as Ba Musa, believed to be operating within the Sambisa axis of Bama Local Government Area, and an associate known as Ya Kazalla.
Though Kazalla’s exact location remains unknown, the exchange offered a rare glimpse into the internal dynamics and narratives shaping the conflict between the rival extremist groups.
During the discussion, Kazalla reportedly sought clarity on recent clashes, expressing concern over circulating reports that ISWAP fighters had recorded significant victories against Boko Haram. The concern reflects the fluid and often opaque nature of insurgent propaganda, where both factions frequently project strength to boost morale and recruitment.
In response, Musa was said to have pushed back strongly against such claims, asserting that Boko Haram had, in fact, inflicted heavy losses on ISWAP.
He allegedly claimed that Boko Haram fighters killed about 100 ISWAP members during a confrontation on April 29 within the Sambisa Forest.
The narrative did not end there. Musa further claimed that an additional seven ISWAP fighters were killed in another clash around a forested area in Molai, located in Konduga Local Government Area.
According to him, Boko Haram’s own losses were minimal, with only one fighter identified as Munzir, said to be of Gamargu origin killed in the series of encounters.
While these claims remain unverified, they point to the intensity of the rivalry between the two groups, which has evolved into a parallel conflict alongside their broader insurgency against state forces.
Zagazola note that such internal clashes, though difficult to independently confirm exactly figures, often result in significant casualties and disruptions to command structures on both sides.
The Sambisa Forest and adjoining corridors as well as the lake chad have long served as strategic strongholds for insurgent factions, making them focal points for both inter-group conflict and sustained military operations.
The latest reports suggest that despite ongoing counterterrorism pressure, the insurgents continue to maintain active communication networks and operational capabilities within these enclaves.
The infighting between Boko Haram and ISWAP is increasingly seen as both a challenge and an opportunity, a challenge due to the unpredictability it introduces, and an opportunity as it may weaken the overall cohesion of insurgent forces in the region.
Boko Haram, ISWAP Battle for Dominance in Sambisa Forest” as deadly clashes intensify
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