India among 20 top investors in Nigeria ― NIPC

The Nigerian Investment Promotion Commission (NIPC) has stated that the Republic of India is among the 20 top investors in Nigeria.

Speaking while felicitating the country on the occasion of her 73rd Republic anniversary day in Abuja, the Ag. Executive Secretary of NIPC, Mr Emeka Offor said India was strategic to the Nigerian economy.

“Nigeria and India share a number of similarities and NIPC considers India to be of strategic importance to Nigeria’s economic development.

“At NIPC, we went through a diligent process to identify countries that are of strategic importance to Nigeria and India was one of 20 countries so identified for investment promotion,” he said.

He further described India as an ICT powerhouse, stating that ICT is one of the sectors that Nigeria is looking forward to for a partnership with India.

“NIPC will continue to deepen relations with India. We intend to hold more sector-specific events this year to present the opportunities to prospective investors,” he said.

NIPC felicitated the government and people of India on the celebration of their 73rd Republic Day today, to mark the anniversary of their independence.

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