Nigeria, India to Develop Small Businesses, As India Offers 500 Scholarships

Economic Diplomacy

 

 

The discussion mirrored down to 4 sectors to serve as pilot in the MSME partnership; these include: Diary industry, grains/millets value chain, movie industry and leather industry. This is in addition to the ongoing Knowledge Transfer Programme being implemented by SMEDAN.

The Director General of Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Mr Charles Odii, has identified key areas where the India government could support Nigeria small and micro enterprises through technology and knowledge transfer.

According to Moshood Lawal, Head, Corporate Affairs, SMEDAN, the DG made the disclosure while meeting with the Indian High Commissioner Mr. G. Balasubramanian at the Indian High Commission.

According to the Director General, the MSMEs in Nigeria, if properly supported, can supply the entire grains requirements for India.

He implored the India High Commissioner to consider MSME exchange programmes, so the Nigerian SMEs can boost production capacity in Agriculture, leveraging on modern technologies as seen in India.

Mr Balasubramanian equally affirmed the huge potentials available in Nigeria and pointed out that the cattle population alone should be able to supply the diary needs of Nigeria. He agreed on the need to strengthen the knowledge and technology transfer, which will be better consummated via a forthcoming MOU.

The discussion mirrored down to 4 sectors to serve as pilot in the MSME partnership; these include: Diary industry, grains/millets value chain, movie industry and leather industry. This is in addition to the ongoing Knowledge Transfer Programme being implemented by SMEDAN.

The meeting resolved that culture and tourism exchange platform could translate to trade benefits for both countries if explored. MSMEs should keep their fingers crossed as events unfold between the two countries in the realm of SME development.

The Indian High Commissioner to Nigeria, has said the country would offer 500 scholarships to Nigerians in 2023. Balasubramanian made this known…

The Indian High Commissioner had last year said his country would offer 500 scholarships to Nigerians in 2023.

Balasubramanian made this known during a courtesy visit to the News Agency of Nigeria (NAN) in Abuja.

The envoy said that his working visit to the agency was to promote information and communication exchange between the two countries.

Balasubramanian said, “We will be having a group of Journalists from Nigeria go to India, not on a course but” actually a field visit being organized to expose India.

“In other words, what India has been doing in the area of politics. We will not be doing it exclusively for Nigeria, but for West Africa, for about 30 people.

“I am sure that Nigeria, being a part of G20, will be able to get more numbers, so we will be doing it after March and April.

“I will discuss it with you to get your recommendations also; we do award 500 scholarships every year to Nigerians, 250 of them are on the civilian side.

“We will be happy to reintroduce further studies in the area of Mass Communication in a prestigious place and we have short-term courses also.”

He said that the scholarship involved other courses that Journalists could be interested in, saying “we work on a calendar basis and our financial year comes to close in March”.

“So, April to March is our calendar through which we do all these things.

“Currently, it is two and a half months that is available but come April it will be the first 250 and we will be happy to continue these things,” the envoy added.

While commending the bilateral relations between the two countries, he said more would be done to further deepen India-Nigeria ties in healthcare delivery.

He extolled the volume of trade between both countries, saying that over 135 Indian companies so far invested $19 billion in Nigeria since the past four decades of diplomatic relations between both countries.