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

Must Read
NCERT Notes For UPSC UPSC Daily Current Affairs
UPSC Blogs UPSC Daily Editorials
Daily Current Affairs Quiz Daily Main Answer Writing
UPSC Mains Previous Year Papers UPSC Test Series 2024

 

To get PDF version, Please click on "Print PDF" button.

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

      
Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">







    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.