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India-Nigeria Relations- Leveraging Indian ICTs for Nigeria

This presentation explores the current state of India-Nigeria relations, with a focus on leveraging Indian ICTs for Nigeria's development. It highlights the similarities between the two countries, India's role as Nigeria's largest trading partner and investor, and the potential for collaboration in the ICT sector. The presentation also discusses the various initiatives and programs aimed at strengthening the ICT ties between India and Nigeria.

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India-Nigeria Relations- Leveraging Indian ICTs for Nigeria

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  1. India-Nigeria Relations-Leveraging Indian ICTs for Nigeria Presentation by High Commissioner of India B.N. Reddy [Indian Professionals Forum (IPF), Lagos] 5 September 2017

  2. A Snapshot of India • Population: 1.25 Billion (2nd Largest) on August 2017 • Area: 3.2 mn sq kms (7th Largest) • Polity: Parliamentary Democracy under 1950 Constitution with electoral college of over 714 mn; 16 General Elections in 70 years. • Media: ~70,000 Publications, 1,400 TV Stations, • GDP: PPP: $ 9.5 Tn (3rd); Nominal: $ 2.45 trillion (6th) • Composition: Services:53%, Industry:30%, Agriculture:17% • GDP Growth: 7.9% in 2015-16; 7.1% in 2016-17 • India’s share in global GDP -2.99% (in Nominal terms) and 7.32% (in PPP terms) • Trade/GDP: 27%; Exports: $275 bn; Imports $ 380 bn (2016-17) • Fixed Investment/GDP: 32.2% • Market Cap/GDP: 150% Approx. Fiscal Deficit: 4.7% of GDP • FDI –Number on destination in the world; US $60 billion in 2016 • World’s youngest country with average age of 29 years in 2020

  3. India-Marching Ahead • India will be the fastest growing major economy in 2017 • Make in India –Aimed at increasing the share of manufacturing in GDP from 16 to 25%; create 100 million jobs; 25 sectors identified (prominent role for ICTs) • Launch of Goods and Services Tax -1 July 2017 – A common national market; • Smart Cities -60 cities identified; 40 more to come [energy, transport, environment, ICT, buildings] • Start-up India –World’s youngest start-up nation -72% founders 35 years; Internet and Financial services • Digital India –digitial infra for every citizen; Pan-India fibre-optic network; broadband to 250,000 villages by 2019

  4. Nigeria-India: Current Picture • Striking socio-economic & legal similarities • Leveraging complementarities • India is Nigeria’s Largest Trading Partner ($9.5 bn in 2016-17 – Exports-1.8 bn; Imports-7.7 bn); About 1/6th of India-Africa Trade • One of the largest Investors in Nigeria ($ 10 bn) • Estimated as 2nd Largest Employer (over135 Indian Cos) • To align with ERGP of Nigeria • Pole Spot in Power, Automotive sector, Pharma, Health, • Incoming Projects: Power including solar, Agri-related, Petro-Chem, Health • ~35,000 Indians in Nigeria

  5. Nigeria-India ICT Ties • From Multi-links to Airtel: Lowering Thresholds • Wide Presence of Indian Telecom Experts • Training IT Personnel in Nigeria: NIIT & ApTech • Indian IT in Banking, Telecom, Fin. Services • Partnering & Mentoring Nigerian IT Stakeholders • Role of ITEC and IAFS Training - 50 slots (out of 310) • Pan African e-Network-to bridge digital divide; tele-education(5 univ) and tele-medicine(5 hosp) • Efforts underway to make stronger presence in telecommunications sector

  6. India & Nigeria: Twinning of KBEs • Bringing Indian Telecom Model to Nigeria • ICT Tipping Points: Numbers, Wages & English • Triggering an ICT Revolution in Nigeria • Scaling-Up, Fostering and Sustaining ICT • e-Governance as Driver for Transformation • ICT Sector as Job Provider & Branding Tool • India as Peer & Partner for Nigerian ICT! Comments and Suggestions are Welcome: hc.abuja@mea.gov.in

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