Global Upfront Newspapers
AsiaCoverNews

India seeks closer ties with Nigeria as trade volume reaches $14 bn

India has expressed its readiness to deepen economic ties with Nigeria towards promoting investment and trade between both countries.

Amb. Abhay Thakur,  High Commissioner of India to Nigeria, said  this during a courtesy visit to Gov. Abdullahi Ganduje on Friday in Kano.

Thakur noted that India and Nigeria had long-standing relations based on mutual respect that predates the independence of the two countries.

”We are Nigeria’s largest trading partner and the country is our largest trading partner in Africa.

“Our bilateral trade volume reaches $14 billion in 2020 and we export various goods ranging from machinery and agriculture products to the tune of  $3.5 billion to Nigeria,” he said.

Thakur called for greater bilateral trade co-operation between Nigeria and India as a way of fostering the existing friendly trade and economic relations between the two countries which dated back to 1960.

In his response, Ganduje said that relations between the countries have been warm and cordial; and have witnessed growth and transformation.

The governor called for effective collaboration between India and Kano on energy, health care and film industry.

He said that Indian farm implements have helped to boost rice production in Nigeria.

Ganduje said that Indian companies are doing very well in the state including an hydro power project and the Indian rice mill in Kano which he said is the biggest in West Africa.

He said that the state government has sponsored hundreds of students to study in India.

Advertize With Us

See Also

Nigeria’s Tobi Amusan Reignites Shoe Technology Debate After Record-breaking 100 Metres Hurdles Display At World Athletics Championships

Global Upfront

NCC: Tariff Matters And Where The Consumers Stand

Global Upfront

Davido, Aisha, Trinidad Cardona: The Voices Behind The 2022 FIFA World Cup Song That Football Fans Will Hear Over And Over Again

Global Upfront

Abuja goes quiet as U.S. place Dr Pantami, Com­munications and Digital Economy Minister, on Watch List over terrorism ties

Global Upfront

Awo & HID: Nigeria’s Greatest Political Couple

Global Upfront

Trump COVID-19 bombshell upends 2020 U.S. Presidential race

Global Upfront

Beware: Boko Haram/ISWAP Terrorists Plotting Massive Attacks In FCT Abuja, Lagos, Kogi, Katsina, Kaduna, Zamfara States, Says Civil Defence Corps

Global Upfront

Sheikh Gumi as victim of banditry, says relative killed, paid ransom for release of senior brother, others, kidnapped by bandits

Global Upfront

Nigeria’s embassy in Canada resumes in-person immigration and consular services on Thursday, six months after closure

Global Upfront

Nigeria: Policeman Arrested for Attacking Rivers State Lady With Burning Stove Over Jilted Love

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More