LAGOS, Nigeria - The High Commission of India has reiterated its commitment to enhancing bilateral relations with Nigeria.
The Consul General of India in Lagos,Chandramouli Kern, made this statement during a media interaction after the inauguration of the India Trade Expo 2025.
He pointed out that this initiative is set to boost trade and positively contribute to the economic advancement of both countries.
"Today, we launched the inaugural edition of the India Trade Expo 2025, which has the promise of becoming a significant fixture on the trade agenda. It is destined to become an event that participants look forward to and one that businesses and policymakers will find indispensable."
He elaborated on the strong ties between India and Nigeria, spanning political, economic, trade, cultural, and interpersonal sectors. "India established its diplomatic presence in Lagos in November 1958, just two years prior to Nigeria’s independence on October 1, 1960, underscoring our enduring commitment," he remarked.
He underlined India's commitment to assisting Nigeria with its development objectives, highlighting that India is among Nigeria’s top five trading partners.
He emphasized the need to pursue new trade and economic opportunities, mentioning that the Expo would play a crucial role in this endeavor.
"The purpose of organizing the India Trade Expo 2025 is to connect Indian-origin companies with Nigeria’s government and other sectors to foster mutual prosperity.
The Expo aims to highlight the contributions of Indian companies to Nigeria's economy and enhance the bilateral trade and economic relationship between our two nations. It will leverage the opportunities presented by the African Continental Free Trade Agreement (AfCFTA); therefore, Indian companies should focus on Africa, with a keen interest in Nigeria."
"I am assured that the India Trade Expo 2025 will open up new avenues for collaboration that will benefit both nations," he added.
The Consul General expressed appreciation to Nigeria for accommodating 50,000 Indian expatriates, whose achievements play a role in the nation's development.
He remarked that Indian firms in Nigeria significantly bolster the economy and are the second-largest employers following the federal government.