India’s export to Nigeria triples to $11bn

The Head of the Lagos office of Indian Embassy Rani Malick, has disclosed that India’s export to Nigeria during the past few years has tripled to the tune of 11 billion dollars due to a robust bilateral trade relationship existing between the two countries.

Malick who made the disclosure during the opening of a three-day Indian Products and Services Exhibition (IPASE) organised by the India High Commission, which is the 4th edition of the annual event after three successful editions, noted that the exhibition was aimed at promoting Indian products and services in Nigeria as well as bringing together all stakeholders and encouraging them to increase synergy in business development.

As part of the successes recorded, she disclosed that “India has long been Nigeria’s privileged business partner in various sector and the engagement is outstanding. Today, Nigeria is India’s largest trading partner in Africa with 16.67 billion dollars in bilateral trade.

During the past few years, India’s export to Nigeria has tripled to the tune of 11 billion dollars.

[Vanguard]

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