Bilateral trade between Nigeria and India reached nearly $9bn (£6.9bn) in the 2025/2026 financial year, up from $7.13bn recorded in the previous period, according to India’s High Commissioner to Nigeria, Abishek Singh.
Speaking at a media briefing in Abuja, Singh stated that the increase reflected a deepening economic partnership, with trade and investment remaining central to relations between the two nations.
Over 200 Indian firms currently operate in Nigeria across key sectors, including pharmaceuticals, manufacturing, power, and healthcare. Singh noted that these companies employ nearly 100,000 Nigerian citizens, making the Indian corporate sector the second-largest employer in the country after the federal government.
Speaking at the same briefing, Deputy High Commissioner Vertika Rawat outlined expanding healthcare ties between the two countries, noting that India supplies roughly 40 per cent of Nigeria’s pharmaceutical imports, with Indian firms investing $4bn in local pharmaceutical manufacturing.
Rawat also highlighted findings from India’s latest National Family Health Survey (NFHS-6), released in May 2026, which showed marked progress in healthcare coverage and maternal health—models she suggested could offer templates for Nigeria’s drive toward universal health coverage.
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