The second round of Foreign Office Consultations between India and Nigeria was held in New Delhi on Thursday. Both sides reviewed the entire gamut of bilateral relations covering political, economic and commercial investment, defence and security, development partnership, capacity building, cultural and consular matters. They also discussed ways to further strengthen the close bilateral ties between India and Nigeria. The two sides also exchanged views on regional and global issues of mutual interest and agreed to enhance their cooperation in the multilateral fora.<br />'' <br />'' Relations between India and Nigeria have traditionally been warm and are based on shared historical ties, values of democracy and vision. There have been regular visits taking place from both sides. Defence cooperation between the two countries has been nurtured over the years. India had helped Nigeria in setting up their Defence Academy. As part of capacity building under ITEC, India offers over 250 slots annually which are being utilised optimally. Under this framework, several Nigerian senior military officers were trained in India, including two former Presidents and the present incumbent President Mohammadu Buhari.<br />'' <br />''The bilateral trade and Indian investment in Nigeria have been growing steadily. The bilateral trade during 2021-22 was 14.95 billion dollars, with India importing oil to the tune of 10 billion dollars. India is one of the largest investors in Nigeria. Indian investment in Nigeria is estimated at approximately 19.3 billion dollars. More than 135 Indian companies are currently operating in Nigeria in diverse fields such as pharmaceuticals, engineering goods, electrical machinery and equipment, plastics, and chemicals.