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Nigeria strengthens trade relations with India – Trade Minister

Admin by Admin
12 September 2023
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By Uzair Adam Imam

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has said that Nigeria is exploring ways to improve trade and investment relations with India.

She said that Nigeria was making efforts to woo various Indian entrepreneurs who are already doing business in Nigeria.

The minister stated this during a bilateral meeting with the Indian Minister of Commerce and Industry, Piyush Goyal, in the ongoing G-20 Summit in India.

In a statement, Uzoka-Anite said: “Our trip here has so far been fruitful and Nigerians should be proud of our achievement here. We signed an agreement on Infrastructure Corporation of Nigeria Limited (InfraCorp) and Invest India.

“We also signed another agreement between the Nigerian Ministry of Communication, Innovation and Digital Economy and the Indian Ministry of Electronics and Information Technology. We have also secured investment commitments from multinationals like; SkipperSeil Group, Jindal Steel and Power Limited, Bharti Enterprises, Indorama Petrochemical Limited amounting to several billions of dollars.”

She further stated: “We have more than 130 Indian companies that are active in Nigeria from manufacturing to hospitality to oil and gas, and healthcare sector.”

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Tags: IndiaNigeriaWorld Trade Organisation
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