Nigerian's Foreign Minister Odein Ajumogobia and India's External Affairs Minister SM Krishma pledged to further strengthen economic ties between the two nations so that they are commensurate with their 'excellent' political ties on Thursday.
'Both agreed to infuse the close political relationship with matching economic content,' said a press release issued by the external affairs ministry.
The visiting minister spoke about the reform process underway in the power, petroleum and banking sectors in his country.
'He also mentioned about the Gas Master Plan under preparation for exploiting the enormous gas reserves and highlighted the opportunities available for Indian companies,' said the press note.
The Nigerian foreign minister arrived March 15 and during his visit he met Prime Minister Manmohan Singh and other members of the Indian cabinet.
On Thursday evening, he delivered a speech on 'India and Nigeria: the Largest Democracies in World and Africa, as Agents of Inter-regional Cooperation for Global Peace and Development'.
A bilateral agreement was signed during the visit in the field of pharmaceuticals between India's Department of Pharmaceuticals and Nigeria's National Agency for Food and Drug Administration and Control.
The agreement will help promotion of mutual trade in good quality drugs, drug testing and analysis and detection and prevention of supply of adulterated and fake drugs.
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