Buhari welcomes Five Million Dollars Investment from India

Buhari welcomes Five Million Dollars Investment from India

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Nigerian President



Nigerian President accepted the proposed $5 million investment from the Indian Business delegates.
President Muhammadu Buhari on Tuesday welcomed the proposed five billion dollars investment in Nigeria by visiting Indian business delegation, led by Indian Vice-President Hamid Ansari.

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 agricultural model and capacity to feed its one billion population, and also export to other countries, describing the country as “sustainable and prosperous’’. President Buhari noted that Nigeria would continue to support the reform of the UN Security Council, pointing out that it was unfair on the rest of the world for five countries to exercise power of ‘‘yes or no’’ in the UN.

 In his remarks, the Indian Vice-President said that his country, which was the leading buyer of Nigeria’s crude oil, would increase its purchase of the commodity in addition to natural gas. He said the relationship between Nigeria and India was near perfect as both countries ‘‘have nothing to quarrel about.”

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