Wike woos Indian investors to Abuja

The FCT Minister, Nyesom Wike, has sought for huge investments from Indian investors for the development of Abuja, the Nigeria’s capital. Wike made the call when the Indian High Commissioner to Nigeria, Mr Shri Balasubramanian, visited him in Abuja on Tuesday. He acknowledged the presence of many Indian companies in the country, particularly petrochemicals and […]

The FCT Minister, Nyesom Wike, has sought for huge investments from Indian investors for the development of Abuja, the Nigeria’s capital.

Wike made the call when the Indian High Commissioner to Nigeria, Mr Shri Balasubramanian, visited him in Abuja on Tuesday.

He acknowledged the presence of many Indian companies in the country, particularly petrochemicals and fertiliser companies, among others.

“We would also like to have this kind of relationship in Abuja.

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“You have seen improvement in security; you have seen improvement in infrastructure in Abuja. That is part of the “Renewed Hope” agenda of President Bola Tinubu.

“We will discuss other areas that will be of mutual interest between India and Nigeria, and Abuja in particular,” he said.

The minister said that it was within the purview of the FCT Administration to ensure that all embassies in Nigeria, have an unhostile environment to enable them perform their assignments.

Earlier, Balasubramanian said there were over 155 Indian companies in Nigeria, with more than 27 billion dollars of investments in various manufacturing areas.

He said that companies ranged from plastics to steel, oil, and pharmaceuticals among others in every sector.

According to him, Indian companies are the second largest employer of labour after the Nigerian government.