India’s export to Nigeria triples to $11bn
The Indian Embassy in Nigeria has said the country’s export to Nigeria has tripled to the tune of $11 billion during the past few years. Head of the Lagos office of Indian Embassy Rani Malick, who disclosed this at the opening of a three-day Indian Products and Services Exhibition (IPASE) organised by the India High Commission said the rapid increase is due to a robust bilateral trade relationship existing between the two countries.
According to Malick, “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.”