Wike attracts lndian Investors to Abuja

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By Joyce Remi-Babayeju

Federal Capital Territory ( FCT) Minister, Nyesom Wike has invited Indian investors to the nation’s capital.

Wike made this known on Tuesday in Abuja, when the Indian High Commission to Nigeria, His Excellence, Balasubramanian Shri paid a courtesy call on him.

The minister appreciated the Indian cordial relationship with Nigeria.

The Minister noted that the Indorama Petrochemical Industry in Port Harcourt remained an excellent signature of the Indian relationship with Nigeria.

He stressed that Abuja has Investment opportunities which Indian investors can explore and assured of his administration’s commitment to creating a friendly environment for investors.

He also disclosed that the issues of insecurity is gradually being defeated through strong collaborative efforts of all security agencies.

The minister stated that President Bola Tinubu has been supporting the FCT Administration to improve on the infrastructures of the nation’s capital.

Wike added that his administration in FCT would like to deepen the bilateral relationship that India has with Nigeria.

” There is no doubt that we have a cordial relationship with India. I do know that the President attended the G20 meeting. I do know that the President had a lot of private discussion with investors.”

” We will like to see that all the embassies in Abuja have an environment that is not hostile to carry out their assignments. So within our purview we will not hesitate to give what is required for you to do your assignments. ”

Earlier in his remarks, the High Commissioner, His Excellency, Balasubramanian Shri, recalled that his country has enjoyed good relationships with Nigeria, which dated back to 1958.

Shri also disclosed that investors from India has created massive employment in Nigeria, being the second-highest employers.

” India and your country have excellent relationship. We actually started a diplomatic relationship two years before Nigeria’s Independence, that was in 1958 with a diplomatic office in Lagos.”

” We have Indorama Petrochemical Industry in Eleme, River State. We have 55 Indian companies in Nigeria, with over $27 billion in various manufacturing sectors in Nigeria.”

Indian Companies are the second-largest employers after the Nigerian government, Shri said.

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