The Indian government has pledged to continue to purchase Nigeria’s crude oil and sustain its bilateral cooperation with the country in power, agriculture, Natural Gas, and Small and Medium Enterprises (SMEs), the acting High Commissioner of the India High Commission has said.
Mr Kaisar Alam said that the diplomatic relations between India and Nigeria has grown steadily since 1958.
According to the acting high commissioner, the economic relations between both countries had grown over the years, adding that India had remained Nigeria’s major trade partner in 2015.
He recalled that India had pledged a loan of $10 billion for Africa over the next five years at the recent India-Africa summit held in Oct. 2015. The envoy explained that the loan is expected to finance projects in infrastructure, agriculture, power skill development, among others.
