Nigeria Seeks Increased Trade Volume with India

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Minister of Communications, Adebayo Shittu

Enterprise Television- Nigeria Seeks Increased Trade Volume with India

The Minister of Communications, Adebayo Shittu, has called for an increase in the trade volumes between Nigeria and India.

He noted that as more Indian companies are plying their trades in the country, Nigerians too should replicate same. Believing that there should be a better business collaboration between the two countries.

Shittu noted that the collaboration between Nigeria and India, through the platform of the Indo-Africa ICT Expo, would enhance digital transformation that would boost the Nigerian economy. He said the platform was an opportunity for Nigeria to leverage on the Indian technology to boost economic development in the country.

He also used the opportunity to call on the private sector, particularly those whose businesses are driven by Information and Communications Technology (ICT), to take full opportunity of the Indo-Africa ICT Expo.

According to him, “It is not enough for Nigerian businesses to be mere marketers of ICT products and services. They must rather collaborate with the right group to establish ICT platforms and factories that will promote skills training and employment opportunities in the country. Foreign ICT companies that want to do business in Nigeria must be prepared to establish ICT factories in Nigeria.”

The High Commissioner of India in Nigeria, B.N Reddy, said the focus of the Indian government is to collaborate with the Nigerian government to scale up ICT skills in Nigeria.

Reddy said this would require networking at various levels of government, industries and the academia. Deputy Permanent Secretary, Ministry of Communications, Government of India, Amit Yadav, restated the commitment of Indian government to promote ICT development in Nigeria.

Yadav said “Indian government is committed to developing the Nigerian ICT market. India is vast in technology development with deep broadband penetration across India. Our National Broadband Policy is focused on inclusive broadband growth for the country. About 6.5 per cent of out GDP contribution is coming from the Indian ICT sector and we can replicate all these in Nigeria.”

The Indian Minister of Communications, Shri Manoj Sinha, also said that the collaboration between India and Nigeria remained paramount to the Indian government in the area of ICT development. He said the choice of Lagos for the event was in recognition of the vast potential that exists in Nigeria, and also of its importance as a gateway to the West Africa and other parts of Africa.

Shittu, who invited more than 100 government and industry stakeholders from within Nigeria to attend the forum, said the Nigerian Government, in collaboration with the India Government, would forge closer relationship in order to accelerate ICT growth in the country as well as boost both countries’ economy.