14 hrs ago
Nigeria Seeks BRICS Trade, Oil and Technology Gains
Nigeria is attending an important meeting of BRICS countries in New Delhi.
Vice President Kashim Shettima is representing President Bola Tinubu.
Nigeria wants the meeting to create more trade and investment opportunities.
It is especially interested in working with India on farming, technology and artificial intelligence.
Nigerian officials also want India to buy more Nigerian crude oil.
They say trade between Nigeria and India has historically reached about $14 billion.
The government hopes technology partnerships can help young Nigerians find opportunities and jobs.
Shettima will also take part in discussions about growth, resilience and sustainable development.
Vice President Kashim Shettima is representing President Bola Tinubu at the 18th BRICS Leaders' Summit in New Delhi.
Nigeria is seeking stronger trade and investment ties with India and other BRICS countries.
Officials are promoting cooperation in agriculture, artificial intelligence, technology and the digital economy.
Nigeria wants to increase Indian purchases of its crude oil and rebuild bilateral trade, historically valued at about $14 billion.
Shettima is also expected to discuss global growth, resilience, sustainability and Nigeria’s industrial development.
- Who
- Vice President Kashim Shettima is representing President Bola Tinubu, alongside a delegation of Nigerian ministers and officials.
- What
- Nigeria is using the 18th BRICS Leaders' Summit to pursue trade, investment, oil, technology and development partnerships.
- Where
- New Delhi, India.
- When
- The summit is the 18th BRICS Leaders' Summit; the article does not provide specific dates.
- Why
- Nigeria wants to turn its BRICS partner-country status into greater investment, market access, crude-oil sales and technology cooperation.
Key facts
- Summit
- 18th BRICS Leaders' Summit
- Nigerian representative
- Vice President Kashim Shettima
- President represented
- Bola Tinubu
- Location
- New Delhi, India
- Historical bilateral trade
- About $14 billion between Nigeria and India
- Priority oil market
- Increasing India's purchases of Nigerian crude
- Proposed cooperation areas
- Agriculture, artificial intelligence, technology, digital economy and industrial growth
Sources
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