With an estimate of 500 million people, making her the fifth most populous country by 2050, Nigeria will become one of the 10 largest economies by that year, according the Indian High Commissioner to Nigeria, Mr Mahesh Sachdev,

Sachdev affirmed that Nigeria could actually meet the target of being among the 20 leading economies by 2020. He said by 2050, his country would have become the most populous, overtaking China, and the second or third largest economy in the world.

Sachdev, who spoke at the 10th award ceremony for winners of the National Food and Drug Administration and Control (NAFDAC)-organised annual secondary school competition for members of the NAFDAC Consumer Safety Club in Abuja yesterday, said India buys N7 billion worth of goods from Nigeria daily, amounting to N689 billion a quarter. He disclosed that India’s investment in Nigeria in 2010 was $5 billion, with more medicines coming from India into the country than any other nation. - http://www.thisdaylive.com/articles/nigeria-to-join-top-10-economies-in-2050-says-envoy/130798/