Consider the following statements regarding India-Nigeria trade relations:
1. Crude oil constitutes over 70% of India’s imports from Nigeria, making India one of the largest buyers of Nigerian oil.
2. Pharmaceuticals, engineering goods, and automobiles are some of the significant items India exports to Nigeria.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2