The Nigeria and India have resolved to deepen their business relationships in the area of power, infrastructure, renewable energy, and technology with a view to consolidating Indian’s existing $60 billion investment portfolio in the country.
Agreement by the two nations were reached on Thursday in Abuja when Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, received his office in Abuja, the new Indian High Commissioner to Nigeria, H.E. Abhishek Singh, alongside Skipper Seil founder Mr. Jitender Sachdeva,
A statement issued by Director of information in the ministry Mohammed Manga said High Commissioner Singh highlighted India’s substantial footprint in Nigeria’s power sector, noting ongoing projects including power plants, substations, and solar grid installations executed by Indian firms such as Skipper.
He referenced India’s investment commitments of approximately $60 billion in Nigeria, affirming that delivered projects reflect India’s long-standing partnership and continued confidence in Nigeria’s economic future.
“India holds the Honourable Minister in very high regard,” Singh noted, commending Mr. Edun’s leadership and Nigeria’s reform momentum. He also presented a symbolic handcrafted gift and conveyed goodwill from the Government and the people of India”.
In his remarks,Edun welcomed the High Commissioner and acknowledged India’s role as a key development and investment partner.
He emphasized opportunities for expanded collaboration in renewable energy, digital infrastructure, technology transfer, and private-sector investment. Areas aligned with Nigeria’s growth priorities.
Both sides reaffirmed their commitment to strengthening bilateral ties and advancing shared economic prosperity.
