The Nigeria - India Business Council, NIBC, has pledged to support the Federal government in ensuring the success of Nigerian businesses in Nigeria and India. 

The Chairman Board Of Trustees of the Council Sir Dr. Emeka Offor made the pledge at the inaugural meeting of the council in Abuja. 

Sir Offor said the primary goal of the council was to enhance the existing business relationships and take them to  higher levels, noting that the council's efforts are expected to be boosted by the recent President Ahmed Bola Tinubu's visit to India.
"The council aims to elevate the existing trade relations to a more substantial level after our president visit to India.
The focus is on enhancing the overall business environment and fostering greater economic cooperation between the two countries"

For Sir Offor "the  Nigeria-India Business Council has been formally inaugurated to attract business and investment between Nigeria and India with the establishment of a 7-man working group representing each BOT member, with the Director General as the secretary and chief Operating Officer"

The Vice President of the council Dr. Dere Otubu on the Occasion said the formation of the council was to give Nigerian business men and women proper representation in the global business and to strike a balance in Nigeria - India business bilateral relations.
"this council will leverage the expertise and value chain in the creative industry to create job opportunities for Nigerian youth.
We shall explore the new economy of military technology, which India has made significant progress in, and assess opportunities for Nigeria business men and women. We intend to develop a plan to move Nigeria from import dependence to complementary industrial capabilities, either through manufacturing or assemblage"

The Vice President of the council Dr. Dere Otubu on the Occasion said the formation of the council was to give Nigerian business men and women proper representation in the global business and to strike a balance in Nigeria - India business bilateral relations.
"this council will leverage the expertise and value chain in the creative industry to create job opportunities for Nigerian youth.
We shall explore the new economy of military technology, which India has made significant progress in, and assess opportunities for Nigeria business men and women. We intend to develop a plan to move Nigeria from import dependence to complementary industrial capabilities, either through manufacturing or assemblage"

For president of the Nigeria Chamber of commerce, Prince Adetokumbo Kayode said Nigeria is in a vantage position to flourish in the area of doing business as the inauguration had opened a new vista of business operation between Nigeria and India. 
"In 2022, India figured amongst the top 5 trading partners of Nigeria preceded only
by China (US$ 36.12 billion) and Netherlands (US$ 16.07 billion). The Bilateral
trade volume between Nigeria and India has fallen from US$ 14.95 billion in 2021-
22 to US$ 11.8 billion in 2022-23. This is mainly because of decrease in the volume
of oil purchased from Nigeria. The fall in quantum of oil purchase is also
attributable to non-nomination of cargo from Nigerian National Petroleum
Corporation (NNPC) which had signed a G2G term contract for supply with Indian
Oil Corporation Limited (IOCL). The exports from India, however, continue to
increase. The bilateral trade figures for India and Nigeria are (in US$ million) and we are getting there business wise"

The Director General of the council Barrister Chijoke James 
said Nigeria would benefit more with the inauguration of the council. 
"There is an expression of confidence in the present administration. Luckily our president is an industrialist and businessman,and that makes it easy for us. We are more than ready  to  oil the chain  of business  between  the two countries"