Wike Woos Indian Investors To FCT

Minister of the Federal Capital Territory (FCT), Nyesom Wike
Minister of the Federal Capital Territory (FCT), Nyesom WikeFacebook

Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has made significant investment requests to Indian investors as part of his plans to expedite the development of Abuja, the capital territory.

Wike made the call during a visit to Abuja yesterday from Mr. Shri Balasubramanian, the Indian High Commissioner to Nigeria.

He acknowledged that there are lots of Indian businesses in Nigeria, especially those that produce fertilizer and petrochemicals.

Assuring them that security has improved in the Territory, he stated he would also like to have the same kind of relationship in Abuja.

He mentioned that improvement in infrastructure in Abuja is part of the “Renewed Hope” agenda of President Bola Tinubu.

According to the minister, it is the responsibility of the Federal Capital Territory Administration to guarantee that every Embassy in Nigeria operates in a non-aggressive atmosphere so that they can carry out their duties.

Balasubramanian has previously stated that India and Nigeria have a strong relationship that has lasted for a long time.

The ambassador explained that India opened a diplomatic office in Lagos in 1958, two years before Nigeria's independence, marking the start of the country's diplomatic ties.

He said that more than 155 Indian businesses were operating in Nigeria, having invested over 27 billion dollars in a range of manufacturing sectors.

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