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India–Nigeria relations : ウィキペディア英語版 | India–Nigeria relations 〔nig23934〕 The bilateral relations between the Republic of India and the Federal Republic of Nigeria have considerably expanded in recent years with both nations building strategic and commercial ties. Oil-rich Nigeria stated recently that India has replaced the United States as its largest crude importer 20 -25 percent of India's domestic oil demand.India, however, now purchases some 30% of Nigeria's daily crude production which currently hovers around 2.5 million barrels〔()〕 With bilateral oil trade valued at US$10 billion, Indian oil companies are also involved in oil drilling operations in Nigeria and have plans to set up refineries there.〔(ONGC Mittal Drills Nigerian Offshore Oil Block 279 )〕 == Background == Both nations were colonised by the British Empire; India supported independence of African countries from colonial rule and established its diplomatic mission in 1958 - two years before Nigeria officially gained independence from British rule.〔 〕 Since the restoration of democracy in 1998, Nigeria has joined India in becoming the largest democracies in their respective regions with diverse religious and ethnic populations. They possess diverse natural and economic resources and are the largest economies in their respective regions. Both are members of the Commonwealth of Nations, G-77 and the Non-Aligned Movement (NAM).
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