Nigeria-Indonesia investment to boost GDP, create jobs, says NICCI president, Balogun

By Favour Ulebor
The President of the Nigerian Indonesian Chamber of Commerce and Industry, NICCI, Ishmael Balogun, has said increased investment between Nigeria and Indonesia, particularly in oil and gas exploration, will boost Nigeria’s Gross Domestic Product, GDP, create jobs and promote knowledge transfer.
Balogun spoke during the Nigerian Indonesian Investment and Trade Forum, NIITF, which held its fifth edition in Jakarta from October 20 to 21, 2026, with a focus on expanding bilateral trade and investment in oil and gas, renewable energy, agriculture, pharmaceuticals and infrastructure development.
He said stronger economic cooperation between the two countries would enable N...