Nigeria has secured approximately $14 billion in investments from India and €250 million for local businesses. Minister Yusuf Tuggar announced strategic MoUs with ten countries to foster bilateral relations and assured that the nominations for ambassadors will soon be forwarded for Senate confirmation. Discussions on national security and diplomatic efforts regarding humanitarian crises were also highlighted during the briefing.
Nigeria has successfully attracted approximately $14 billion in investments from India, as disclosed by the Minister of Foreign Affairs, Yusuf Tuggar, during the 2025 Ministerial Press Briefing organized by the Ministry of Information and National Orientation. Additionally, the nation has secured €250 million to support local businesses.
Tuggar noted that the significant oversubscription of investments demonstrates robust global investor confidence, attributed to strategic Memorandums of Understanding (MoUs) signed with ten countries, including Germany, Saudi Arabia, China, and Brazil, among others.
The Minister assured that the names of nominated ambassadors would soon be submitted to the Senate for confirmation, despite earlier delays. He emphasized that Nigeria’s diplomatic missions abroad are functioning efficiently, with essential services maintained, including immigration and defense.
Addressing concerns regarding Chinese visas, Tuggar clarified that Nigeria is not cooperating in the arrests linked to individuals traveling without proper documentation during the COVID-19 pandemic.
On the topic of national security, Tuggar highlighted Nigeria’s progress in countering Boko Haram, stating that the group has been significantly weakened, and a safe corridor has been established in Borno for managing suspected militants.
He also reflected on Nigeria’s contributions to regional peacekeeping, citing its efforts in Sierra Leone and Liberia, and called for recognition of the nation’s accomplishments in international diplomacy.
Additionally, the Minister discussed the evacuation of vulnerable infants from Gaza, detailing collaborations with the Organisation for Economic Cooperation and Development and the Red Cross to facilitate their relocation to hospitals in neighboring countries. “We used our good offices and diplomacy to contact the governments of Jordan, the UAE, and Egypt,” he stated, underlining the importance of international cooperation during humanitarian crises.
In summary, Nigeria’s diplomatic efforts have yielded significant investments and strategic partnerships, particularly with India, while maintaining effective operations in its diplomatic missions. The country is also actively addressing national security and humanitarian issues, demonstrating a commitment to regional stability and international cooperation. The forthcoming appointment of ambassadors is anticipated to enhance Nigeria’s foreign relations further.
Original Source: tribuneonlineng.com
