INDIA PLEDGES TO BUY MORE NIGERIAN CRUDE OIL
The Indian Government has pledeged to increase the volume of crude oil it buys from Nigeria and also promised to invest $5bn in the Nigerian economy.
The Indian Vice President, Mohammad Ansari, stated this at the State House, Abuja, when he visited President Muhammadu Buhari of Nigeria.
Buhari noted that India had already invested about $10bn in the Nigerian economy. He said Nigeria would emulate India’s agricultural model and capacity to feed its one billion population and also export to other countries, describing India as “sustainable and prosperous” nation.
In Partnership with Nigerian Investment Promotion Commission (NIPC), National Institute of Marketing Nigeria (NIMN) and Securities and Exchange Commission (SEC)
Editor: Chienye Nnenna Obiajulu, LL.M
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