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India to provide 900 million dollars in aid to Nigeria : Africa World
Abuja - India will provide Nigeria with 900 million dollars in aid as part of an agreement reached during the visit of Indian Prime Minister Manmohan Singh. Known as the Abuja Declaration: Strategic Partnership Between India and Nigeria, the agreement covers areas such as defence, agriculture, power generation, civil aviation and trade.
The donation underscored the outcome and importance of Singh's visit, said Ayo Olukanni, spokesman of Nigeria's Ministry of Foreign Affairs. Singh had arrived Sunday and travelled on to South Africa Tuesday.
Olukanni said that the money would assist Nigeria in implementing the agreement within a short period.
Other areas of cooperation to be finalized within six months included lowering taxation on imports and promoting investment, science and technology, as well as plans to combat drug trafficking and an extradition treaty.
Olukanni said the visit was not just the usual symbolic diplomatic gesture, but that it was encapsulated in the adoption of the final document.
"The adoption of the declaration at the end of the visit reflects our commitment and determination for closer and deeper ties between our two countries," he said.
Olukanni said Singh's visit to Nigeria's parliament Monday was a due recognition of Nigeria's commitment to the ideals of democracy and the democratisation process.
Both countries also reaffirmed their commitment to work together to combat climate change through the UN. The countries also said they would support eachothers bid for a permanent seat on the UN Security Council.
"Nigeria reaffirmed its support for a permanent seat for India in the Security Council and India agreed to support and respect Africa's consensus with respect to a new permanent membership from Africa in the council," Olukanni said.
Abuja - India will provide Nigeria with 900 million dollars in aid as part of an agreement reached during the visit of Indian Prime Minister Manmohan Singh. Known as the Abuja Declaration: Strategic Partnership Between India and Nigeria, the agreement covers areas such as defence, agriculture, power generation, civil aviation and trade.
The donation underscored the outcome and importance of Singh's visit, said Ayo Olukanni, spokesman of Nigeria's Ministry of Foreign Affairs. Singh had arrived Sunday and travelled on to South Africa Tuesday.
Olukanni said that the money would assist Nigeria in implementing the agreement within a short period.
Other areas of cooperation to be finalized within six months included lowering taxation on imports and promoting investment, science and technology, as well as plans to combat drug trafficking and an extradition treaty.
Olukanni said the visit was not just the usual symbolic diplomatic gesture, but that it was encapsulated in the adoption of the final document.
"The adoption of the declaration at the end of the visit reflects our commitment and determination for closer and deeper ties between our two countries," he said.
Olukanni said Singh's visit to Nigeria's parliament Monday was a due recognition of Nigeria's commitment to the ideals of democracy and the democratisation process.
Both countries also reaffirmed their commitment to work together to combat climate change through the UN. The countries also said they would support eachothers bid for a permanent seat on the UN Security Council.
"Nigeria reaffirmed its support for a permanent seat for India in the Security Council and India agreed to support and respect Africa's consensus with respect to a new permanent membership from Africa in the council," Olukanni said.
