More investment in Nigeria

Briefly, the People’s Daily in China is reporting that

India has agreed to invest six billion U.S. dollars in power plants and other projects in Nigeria, Indian Deputy High Commissioner to Nigeria Anil Trigunayat said at the weekend.

The money continues to flow in and the ‘partnerships’ continue to expand.

…the Indian diplomat said as the most populous countries in Africa and Asia respectively, both Nigeria and India had a lot to learn and gain from each other.

Is the motivating factor altruism or business opportunity?

"We are also interested in investing in the development of infrastructure, but any such projects would have to be identified first by the Nigerian government," he said

Or energy?

Trigunayat expressed India’s desire to collaborate with Nigeria for the benefit of both countries, saying that India was also interested in engaging in joint venture projects with Nigeria in the oil and gas sector.