Nigeria-India: Learnings from two large democracies

India is the world's largest democracy by population, while Nigeria is set to become the world's second largest democracy in 2050, as the country's population overtakes that of the USA. By 2050 and 2100, India's population is projected to stand at 1.67 billion and 1.09 billion, while Nigeria's population is projected to hit 400 million and 791 million respectively. Similarly, both countries share a goal to succeed economically. The geo-political, economic and cultural similarities that exist between both countries presents a great opportunity for each of them to benefit from the other’s strengths.

For example, Nigeria’s core strengths include its position as an emerging market strategically located for foreign investments, its diversity and its self-organising nature. Similarly, India is one of the fastest growing economies in the world and has been performing well in areas such as technology, export of services, enabling infrastructure, etc.

Population Analysis

Nigeria and India share experiences that come with large population sizes in developing countries.

While at different stages of demographic transition, both countries have a high percentage (over 50%) of the working age population (15-59 years) (Fig. 2 (a) (b)). Of the total population, youth (15-24 years) account for approximately 18 % of the Indian population and 19% of the Nigerian population.

This young, innovative, and vibrant labour force demands that both economies develop opportunities for the youth. With more and more people entering the labour force, employment generation for economic development becomes critical.

According to a publication by the India High Commission in Abuja, the country’s partnership and engagement with Nigeria and other African countries is anchored on ten key principles. These principles are enunciated as follows:

Nigeria and Africa remain India’s priority.
India will work with Nigeria to support its agriculture sector.
India will support Nigeria in keeping its oceans open and free.
India will work together with Nigeria towards promoting a just, representative and democratic country.