Nigeria and India have reaffirmed their commitment to strengthening economic relations, with focus on power, renewable energy, infrastructure, and technology cooperation.
This followed a meeting between the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the new Indian High Commissioner to Nigeria, H.E. Abhishek Singh, in Abuja on Thursday.
During the visit, discussions centered on deepening bilateral investments and enhancing India’s participation in Nigeria’s development sectors. High Commissioner Singh highlighted India’s robust footprint in Nigeria’s power sector, including ongoing projects involving power plants, substations, and solar grid installations executed by Indian firms such as Skipper Seil.
He disclosed that India’s investment commitments in Nigeria currently stand at about $60 billion, reflecting the Asian giant’s long-standing confidence in Nigeria’s economic prospects.
Singh also conveyed goodwill from the Government and people of India, presenting a symbolic handcrafted gift to the minister.
In his response, Mr. Edun expressed appreciation for India’s sustained partnership, describing the country as a strategic ally in Nigeria’s economic transformation drive. He noted that both countries share common goals in renewable energy, digital infrastructure, technology transfer, and private-sector-led growth.
“We value India’s partnership and look forward to expanding collaboration in areas that align with Nigeria’s growth priorities,” Edun stated.
Both sides reaffirmed their commitment to advancing mutual prosperity and consolidating bilateral ties for sustainable economic growth.