Abuja, Nigeria – Nigeria is deepening its economic engagement with India, underscoring the country’s commitment to attracting strategic investments that support its economic diversification and industrialization agenda. This was highlighted by Honourable Minister of State for Finance, Doris Uzoka-Anite, during her remarks at the Indian High Commission in Abuja last week.
Speaking at the event, Minister Uzoka-Anite emphasized the critical role that Indian investments have played in Nigeria’s growth across multiple sectors, including manufacturing, healthcare, information and communication technology (ICT), digital public infrastructure, agriculture, defence, and other innovation-driven industries. She noted that these investments complement the Federal Government’s broader fiscal and economic reform agenda under the leadership of President Bola Ahmed Tinubu, GCFR.
“These investments align closely with our national development priorities and our commitment to creating a transparent, predictable, and investor-friendly environment,” Uzoka-Anite said. “Nigeria remains focused on promoting sustainable growth, industrialization, and long-term partnerships that deliver tangible benefits to our citizens.”
The minister highlighted that Nigeria is actively working to remove regulatory bottlenecks, improve ease of doing business, and enhance investor confidence to ensure that foreign partnerships contribute effectively to the country’s economic transformation.
Observers say the engagement signals Nigeria’s intention to deepen strategic economic ties with India, leveraging bilateral cooperation to drive technological innovation, skills development, and sectoral growth. Indian firms, which have a growing footprint in Nigeria, are seen as key partners in supporting the country’s ambitions to become a leading industrial and technology hub in Africa.
By prioritizing investment in sectors that promote innovation and economic diversification, Nigeria aims to ensure that bilateral partnerships deliver long-term value and contribute to the country’s vision of sustainable development and global competitiveness.