India extended $15 million grant to Niger to organize the AU summit

By | June 22, 2019
India extended $15 million grant to Niger to organize the AU summit

India extended USD 15 million assistance to Nigeria for organizing the African Union (AU) summit scheduled to be held in Niamey.
This summit is scheduled to be held in Niamey from July 7-8.It is the first time that Niger is scheduled to host an AU summit.
The assistance in the form of the grant was symbolically handed over to Niger’s Deputy Foreign Minister Lamido Ousseini Bala Goga Salamatou by Ambassador of India to Niger Rajesh Agarwal held on June 17 in Niamey.
This summit is expected to launch the historic African Continental Free Trade Area (AfCFTA).

Relationship between India and Nigeria
Bilateral ties expanded significantly since the opening of the Indian Resident Diplomatic Mission in Niamey in 2009.
India provided Lines of Credit worth USD 96.54 million to Nigeria for projects in transport, electrification, solar energy, and potable drinking water.
India also establishes the Mahatma Gandhi International Convention Centre (MGICC) in Niamey under grant assistance.

About Nigeria
Capital: Abuja
President: Muhammadu Buhari
Vice President:Yemi Osinbajo

Category: Current Affairs 2019

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