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India Nigeria Relations

Context: 

India’s External affairs minister co-chaired the 6th Joint Commission Meeting between India and Nigeria at Abuja, Nigeria.

EAM Jaishankar Co-Chaired the 6th India-Nigeria Joint Commission Meeting

  • Both Countries agreed to strengthen the efforts in the sectors of power, renewables, transport, healthcare, fintech, agriculture and security, including people-to-people exchange, energy, mobility and consular cooperations.
  • Stressed on expanding economic cooperation, especially trade and investment between the two countries.

About India Nigeria Relations: Economic, Development, and Defense Cooperation 

India Nigeria Economic Cooperation

  • The Bilateral trade volume between Nigeria and India has fallen from US$ 14.95 billion in 2021-22 to US$ 11.8 billion in 2022-23. 
    • This is mainly because of a decrease in the volume of oil purchased from Nigeria.
  • Nigeria has become India’s largest trading partner in West Africa and around $20 billion is India’s investment in Nigeria.

India Nigeria Energy Cooperation

  • Nigeria is one of the leading suppliers of crude oil to India about 12% of India’s oil imports is based in Nigeria.

India Nigeria Development Cooperation

  • Two agreements for extension of Lines of Credit @ US$ 30 million for a gas-fired turbine electricity generation station in Cross River State of Nigeria and @ US$ 31.05 million for 3 sub-projects including 2×60 MVA transmission substation, solar-powered street lights and 50kVA mini-grids in Kaduna State of Nigeria are under implementation. 
  • Since 1964, India has supported Nigeria’s capacity-building efforts under the Indian Technical and 7 Economic Cooperation (ITEC) Programme. India annually offers Nigeria about 250 civilian and 250 defense training slots under ITEC/e-ITEC. 

India Nigeria Defense Cooperation  

  • This is integral to the strategic partnership between India and Nigeria
  • Among the areas of cooperation include counter-terrorism and counterinsurgency (CT/CI), sea piracy and exchange of visits between training institutes.
  • India has been providing training, capacity building & supplying defense equipment to the Nigerian defense forces.
  • The National Defense Academy at Kaduna symbolizes our army cooperation.

NRI/PIO Community in Nigeria

The Indian community in Nigeria is estimated to be about 50,000 persons, including Indian nationals and Overseas Citizens of India (OCI) card holders.

South-South Cooperation

  • India and Nigeria play an important role in South-South cooperation. 
  • The struggle against colonialism and apartheid in the formative years after the independence of the two countries laid a strong foundation for the engagement of the two countries. 
  • In the multilateral organizations particularly the United Nations, G77 and NAM, both countries have been articulating the voice of the developing world in a coordinated and effective manner.

About Nigeria

  • It is officially recognised as the Federal Republic of Nigeria.
  • It is a West African country located between the Sahel in the north and the Gulf of Guinea in the South, along the Atlantic Ocean.
  • It is the most populous nation & largest economy on the African continent.
  • It is a very diverse Nation which consists of more than 250 ethnic groups and out of them Hausa, Yoruba, and Igbo are predominant.

India Nigeria


News Source:
The Hindu

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UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
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हिंदी में भी उपलब्ध

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