The Indian High Commissioner to Nigeria, Amb. Rangaian Ghanashyam, on Wednesday said that President Muhammadu Buhari’s ongoing effort at fighting corruption would attract more foreign investments.
Ghanashyam made the assertion in Lagos at a three-day seminar on “Enhancing Trade and Investment between India and Nigeria” being attended by 100 Indian companies.
The envoy said Buhari’s commitment to fighting corruption would not only attract more foreign investments but would also make Nigeria ‘stand on itself’.
Ghanashyam said, “Let me say that this country, Nigeria, is now in safe hands because what President Buhari is doing would make more investors to come to Nigeria.
“This is, therefore, an hour in Nigeria for everyone to dream of a Nigeria that would be standing on her own.
“And if Nigeria cannot stand on her own, Africa cannot also stand on her own”.
The high commissioner expressed optimism that sustenance of the present administration’s fight against corruption would make Nigeria to maintain its enviable position in the continent.
Ghanashyam also urged Nigeria to urgently move away from dependence on oil and focus on the development of her non-oil products.
Mr. Naresh Leeka, who led the Indian companies to Lagos, said the seminar coincided with the inauguration of the ‘The India Show, Nigeria’.
Leeka, who said there was a growing level of Indian products and services in Nigeria, added that the show would provide opportunity for technology transfer between India and Nigeria.
He said the Indian companies were in Nigeria to share their areas of comparative advantage as well as their readiness to partner with their Nigerian counterparts.
“The focus of this programme is to explore the synergy between India and Nigeria”, he said.
Leeka said the whole essence of investment and trade interaction was to add value to both countries’ economies.
Mrs Aisa Baba-Hassan, Executive Secretary and Chief Executive Officer, Nigerian Investment Promotion Commission, assured the Indian companies of Buhari’s commitment to providing them with good investment environment.
The visiting 100 Indian companies came from the agriculture, electrical, textile, pharmaceutical, automotive, construction, engineering, oil and gas, power, water and other sectors.