President Muhammadu Buhari has expressed happiness over the proposed investment of five billion US dollars in the Nigerian economy. The pledge was made by the Indian delegation who visited Buhari at the Presidential Villa, Abuja, today, Tuesday.
The President, who said that India had already invested 10 billion US dollars in the Nigerian economy, said that Nigeria will continue to expand its relationship with that country in the areas of health, education, agriculture, technology and trade.
Buhari, who received the Indian Vice President, Mohammad Hamid Ansari, said that Nigeria had, over the years, also benefited from the cooperation of the Asian country in trade and investment, agriculture, technology and the fight against terrorism.
He said that Nigeria would continue emulate the Asian country’s agricultural model and capacity to feed its 1 billion population, and also export to other countries, describing the country as “sustainable and prosperous.”
The President promised that Nigeria would continue to support the reform of the United Nations Security Council, and that it is unfair on the rest of the world for five countries to exercise power of ‘‘yes or no’’ in the UN.
That was even as the Indian Vice President said that his country, which is the leading buyer of Nigeria’s crude oil, will increase its purchase of the commodity in addition to natural gas.
According to him, the relationship between Nigeria and India is near perfect as both countries ‘‘have nothing to quarrel about.” [myad]
