Nigeria has secured $14 billion in investments from India and an additional €250 million for local businesses. The Minister of Foreign Affairs, Yusuf Tuggar, reported on the signing of strategic MoUs with ten countries and provided updates on ongoing diplomatic activities, including the evacuation of vulnerable infants from Gaza. Despite delays in ambassador appointments, Nigeria’s diplomatic missions continue to function effectively and address significant national security issues.
The Nigerian Minister of Foreign Affairs, Yusuf Tuggar, announced during a recent briefing that Nigeria has successfully secured approximately $14 billion in investments from India, spanning multiple sectors. This disclosure took place at the 2025 Ministerial Press Briefing organized by the Ministry of Information and National Orientation. Additionally, Tuggar highlighted the acquisition of €250 million intended for local businesses in Nigeria.
Minister Tuggar pointed out that Nigeria’s investment achievement, characterized by a 300% over-subscription rate, underscores global investor confidence and has resulted in strategic Memorandums of Understanding (MoUs) signed with ten countries, including Germany, Saudi Arabia, China, and others. He indicated the ministry’s commitment to enhancing bilateral relations through these agreements.
Assuring that the nominations for ambassadors would soon be sent to the Senate for confirmation, Tuggar stated, “I want to assure you that in the near future, names of the nominated ambassadors will be forwarded to the Senate. It is something that is concluded.” He further emphasized that even amidst delays in these appointments, Nigeria’s diplomatic missions abroad continue to operate efficiently.
The minister addressed issues concerning Chinese visas, clarifying that Nigeria is not collaborating with Chinese authorities on arrests; rather, the challenges stem from undocumented travels made by Chinese nationals during the COVID-19 pandemic. He provided updates regarding national security efforts, specifically detailing advancements in the fight against Boko Haram, asserting that the group has been significantly weakened.
Tuggar expressed Nigeria’s contributions to regional peace efforts, citing its roles in Sierra Leone and Liberia, as well as in the northeast region of the country. He called for a proper recognition of Nigeria’s accomplishments and the lessons learned from them. He remarked on the operational status of Nigerian embassies despite the absence of appointed ambassadors, noting the presence of military and immigration officers.
Additionally, Tuggar discussed the Ministry’s involvement in the evacuation of infants from Gaza in collaboration with the Red Cross and the Organisation for Economic Cooperation and Development. He facilitated dialogue with the governments of Jordan, Egypt, and the UAE for the safe relocation of vulnerable infants to hospitals in those countries.
In conclusion, Nigeria has made significant strides in attracting foreign investment, particularly from India, amounting to $14 billion. The signing of strategic MoUs with various countries demonstrates Nigeria’s commitment to strengthening international relations. Despite administrative delays in appointing ambassadors, diplomatic missions remain active, and efforts continue to address national security concerns. Furthermore, Nigeria’s humanitarian initiatives reflect its dedication to regional cooperation and collaboration in global health crises.
Original Source: tribuneonlineng.com
