India and Nigeria on Sunday agreed to deepen the collaboration in maritime security, counter-terrorism, and intelligence during a state visit to the West of Africa by Indian Prime Minister Narendra Modi.
Modi is India’s first prime minister to visit Nigeria in 17 years after receiving President Bola Tinubu’s invitation. The Nigerian President is currently seeking investments from the world’s major economies.
Prime Minister Modi landed in the capital, Abuja, on Saturday and met Tinubu at the presidential villa on Sunday. Here, the two leaders also discussed defense, healthcare, economic development, and food security – as per a joint statement released.
The two countries also discussed ways to combat growing threats and piracy, agreeing to coordinate actions toward safeguarding the maritime trades in the Gulf of Guinea and the Indian Ocean.
Africa’s most popular nation, Nigeria, is seeking to win Indian investment with a cheaper credit line to boost its economy and create jobs.
At the G20 Summit held last year, Nigeria was said to have secured $14 billion of pledges from Indian investors, including funds acclaimed from Jindal Steel and Power. This investment comitted to fuel $3 billion in Nigeria’s steel sector.
Currently, there are 200+ companies operating in Nigeria.
