Nigeria has secured $14 billion in investments from India and €250 million for local businesses, as stated by Foreign Minister Yusuf Tuggar. Memorandums of Understanding (MoUs) with ten countries aim to enhance bilateral relations. The country continues to function effectively in its diplomatic missions despite delays in appointing ambassadors and has made significant progress in national security, particularly against Boko Haram. Additionally, Nigeria is assisting in evacuating vulnerable infants from Gaza.
Nigeria has successfully secured approximately $14 billion in investments from India, as revealed by Foreign Minister Yusuf Tuggar during a recent ministerial press briefing. This remarkable investment covers various sectors and highlights the growing economic partnership between the two nations. Additionally, Tuggar announced that Nigeria has attained another €250 million aimed at supporting local businesses, further demonstrating the country’s commitment to fostering economic growth.
The Minister also detailed Nigeria’s achievement in signing strategic Memorandums of Understanding (MoUs) with ten countries, including Germany, Saudi Arabia, China, and others. These agreements are expected to strengthen bilateral relations and boost investor confidence. Tuggar observed, “Nigeria achieved 300% over subscription indicates strong global investor confidence and strategic MOUs…”
In addressing the ongoing appointment of ambassadors, Tuggar assured that the names of nominated ambassadors will be forwarded to the Senate soon. He emphasized that despite the delay, Nigeria’s missions abroad continue to function effectively with various officials operating, including immigration and military officers.
Regarding international relations, Tuggar clarified that Nigeria is not collaborating with Chinese authorities in expediting arrests linked to visa issues, attributing complications to COVID-19 travel irregularities. He also provided an update on national security, stating that progress has been made against Boko Haram, citing an established safe corridor in Borno for rehabilitating former militants.
Tuggar expressed pride in Nigeria’s past contributions to peacekeeping efforts in the region while also addressing the evacuation of vulnerable infants from Gaza. He explained that the Ministry of Foreign Affairs collaborated with the Red Cross and various governments to facilitate the relocation of infants to safer medical facilities.
“We used our good offices and diplomacy to contact the governments of Jordan, the UAE, and Egypt,” Tuggar explained, underscoring Nigeria’s proactive diplomatic efforts in assisting affected individuals.
In summary, Nigeria has successfully secured substantial foreign investments and demonstrated resilience in international diplomacy. The strategic agreements with various countries reflect an enhanced engagement in economic sectors and showcase Nigeria’s commitment to regional stability and humanitarian efforts. With ongoing initiatives to formalize ambassadorial appointments and address security concerns, Nigeria is poised to strengthen its global standing and promote domestic growth.
Original Source: tribuneonlineng.com
