Nigeria and India have strengthened their economic and strategic partnership, focusing on maritime security, intelligence collaboration, and economic development. The announcement followed Indian Prime Minister Narendra Modi’s landmark visit to Nigeria, marking the first such visit by an Indian premier in 17 years, at the invitation of President Bola Tinubu.
During their discussions at the presidential villa in Abuja, the leaders outlined a roadmap to bolster economic growth, healthcare, defense, and food security. Maritime security was a key focus, as both nations committed to coordinated action to protect vital trade routes in the Gulf of Guinea and the Indian Ocean and to enhance safety for global maritime commerce.
Nigeria, Africa’s largest economy, is eager to attract more Indian investment to stimulate job creation and economic growth. Over 200 Indian companies are already operating in Nigeria, contributing to sectors ranging from manufacturing to healthcare.
President Tinubu emphasized the importance of deepening ties with India, a key economic partner, as the nation seeks expanded investment and access to affordable lines of credit. These efforts align with Nigeria’s strategy to boost its economy through international partnerships.
The collaboration has already shown promise, with India pledging nearly $14 billion in investments during last year’s G20 summit. Notably, Jindal Steel and Power committed $3 billion to Nigeria’s steel sector, a move poised to drive industrial development and job creation.
Prime Minister Modi’s visit underscores the growing significance of the Nigeria-India partnership as both nations work to enhance trade, foster economic resilience, and ensure regional stability.
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