Wednesday, 28 September 2016

Buhari Welcomes $5bn Investment From India

                                                       Image for the news result
President Muhammadu Buhari on Tuesday welcomed the proposed five billion dollars investment in Nigeria by visiting India business delegation, led by Indian Vice-president Hamid Ansari.
According to a statement issued by Buhari's Senior Special Assistant on Media and Publicity, Malam Garba Shehu, the president made the remark when he received Ansari at the State House, Abuja. 
Shehu quoted Buhari as saying India has already invested 10 billion dollars in the Nigerian economy. "Nigeria will continue to deepen its relationship with India in the areas of health, education, agriculture, technology and trade." The president also said Nigeria had over the years benefited from the cooperation of the Asian country in trade and investment, agriculture, technology and the fight against terrorism. According to him Nigeria will emulate India's agriculture model and capacity to feed its one billion population, and also export to other countries, describing the country as "sustainable and prosperous".

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