2nd Session of India-Nigeria Joint Trade Committee

May 4, 2024

The 2nd Session of the India-Nigeria Joint Trade Committee (JTC) held in the Nigerian capital city of Abuja on 29th and 30th April 2024.
Nigeria is the 2nd largest trading partner of India in Africa region, with a bilateral trade worth $11.8 billion in 2022-23. In the year 2023-24, the bilateral trade stood at $7.89 billion, showing a declining trend.
With a total investment of $27 Billion, approximately 135 Indian companies are actively engaged in Nigeria’s market, with investments in sectors like infrastructure, manufacturing, consumer goods and services.
The both sides held a comprehensive dialogue to review the recent developments in bilateral trade and investment ties.
India is represented by 7-member delegation led by Amardeep Singh Bhatia, Additional Secretary with the Department of Commerce.