The High Commissioner of Nigeria to India, Ambassador Ndubuisi Amaku, has disclosed that Nigerians expended about $350million to access various levels of healthcare in India in 2013 alone.
This was as he added that the volume of trade between Nigeria and India rose to $17.3 billion in 2012.
He said these at a round-table discussion focusing on Nigeria on the sidelines of the ongoing 10th CII-EXIM Bank Conclave on India Africa Project Partnership in New Delhi, yesterday where he added that the money was expended by just about one per cent of the Nigerian population who can afford to pay for quality healthcare.
Amaku urged the Indian businessmen to therefore consider investing in healthcare facilities in Nigeria to provide options for patients who may find that the airfares and other logistics, add to their burden.
“Unlike India, Nigeria is an emerging virgin market. Whatever sector you put your money in, you make your profit, we have one of the most generous profit repatriation policies,” he said.
The envoy also harped on investment in Nigeria’s energy sector, which he said would buoy the growing economy further, when fully stabilised.
“We generate between 4,000 and 5,000 megawatts of electricity as we speak, yet we are growing at 7.5 per cent GDP. You can imagine what will happen when all the efforts have stabilised,” he added.
He admitted that there are challenges to running businesses in Nigeria especially in there area of security, which he described as a global challenge.