Close Menu
  • Home
  • Latest News
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Sports

2026 FIFA World Cup: Jordan makes BOLD statement vs. Colombia

July 3, 2026

Ghana Sports Fund boss courts global support for youth sports development

July 2, 2026

Ghana Step Up Preparations Ahead Of Colombia Showdown

July 2, 2026
Facebook X (Twitter) Instagram
Ghanamma.comGhanamma.com
  • Home
  • Latest News

    Beyond Infrastructure: How China’s Growing Educational Influence Is Reshaping Ghana’s Future

    July 6, 2026

    The Critical Decline of the SCC–Old Barrier Road: How Potholes and Poor Maintenance Are Turning a Short Commute into a Nightmare

    July 6, 2026

    The Homeless Man Who Stole the Wedding: A Miracle of Memory and Music

    July 6, 2026

    Ghana and the U.S. Strengthen Strategic Partnerships in Satellite Technology and Digital Transformation

    July 6, 2026

    Guinness Ghana Annual Golf Championship Elevates Luxury, Sport, and Social Culture at Achimota Golf Club

    July 6, 2026
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Facebook X (Twitter) Instagram Pinterest Vimeo
Subscribe
Ghanamma.comGhanamma.com
Home»World»Nigeria, UAE strike trade pact to scrap tariffs on over 7,000 products
World

Nigeria, UAE strike trade pact to scrap tariffs on over 7,000 products

Ghana NewsBy Ghana NewsJanuary 14, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

President Bola Tinubu and UAE President Mohamed bin Zayed Al Nahyan at the signing President Bola Tinubu and UAE President Mohamed bin Zayed Al Nahyan at the signing

The Nigeria–UAE Comprehensive Economic Partnership Agreement was signed on the sidelines of Abu Dhabi Sustainability Week, with President Bola Tinubu and UAE President Mohamed bin Zayed Al Nahyan in attendance.

The deal is designed to expand market access for Nigerian exporters, encourage new investment flows, and strengthen Nigeria’s role as a gateway for trade into Africa.

President Tinubu described the agreement as a practical step with direct economic impact. He said it would grant duty-free access for thousands of Nigerian products into the UAE, expand opportunities for exporters and manufacturers, and provide greater certainty for UAE investors looking to back Nigeria’s productive sectors. According to him, the pact supports Nigeria’s industrialisation and diversification agenda while reinforcing its long-term national interest.

The agreement is the outcome of negotiations led by Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, and her UAE counterpart, Thani bin Ahmed Al Zeyoudi. Tinubu commended both teams for bringing the talks to a conclusion and expressed optimism that the renewed partnership would deliver lasting benefits for both countries.

For Nigerian exporters, the deal represents a significant opening. Oduwole said the UAE will eliminate tariffs on more than 7,000 Nigerian products, including agricultural and industrial goods such as fish and seafood, oil seeds, cereals, cotton, pharmaceuticals, and chemicals. Over the next three to five years, tariffs will also be removed on machinery, vehicles, electrical equipment, apparel, and furniture.

She noted that Nigerian industrial exports now have a clearer and more competitive pathway into the UAE market. Beyond goods, the agreement allows Nigerian businesses to establish operations in the UAE through new corporate entities, branches, and subsidiaries.

Business visitors from Nigeria will be able to enter the UAE for up to 90 days within a year to explore trade and investment opportunities, while managers, executives, and specialists can relocate under renewable three-year arrangements.

On investment, the minister said the agreement removes long-standing constraints that have discouraged foreign direct investment. She added that UAE investors now have clearer rules and protections to invest in Nigeria’s productive sectors, supporting industrial growth, improved logistics, and job creation for Nigeria’s youthful population.

Nigeria has also made commitments under the deal. Oduwole said the country will eliminate tariffs on around 6,000 products, with about 60 percent removed immediately and the remainder phased out over five years. These imports are largely industrial inputs, capital goods, and machinery intended to boost domestic productive capacity, while Nigeria’s import prohibition list will remain in force.

In services, Nigeria’s commitments cover 99 specific services across 10 sectors, including business, communications, transportation, financial services, construction, health, and tourism.

The government has pledged swift implementation, with the Ministry of Industry, Trade, and Investment working alongside agencies such as the Nigeria Customs Service, the Nigerian Export Promotion Council, the Nigerian Investment Promotion Commission, and the Standards Organisation of Nigeria to ensure businesses can fully benefit from the agreement.

Oduwole said the deal was negotiated with the Nigerian private sector in mind, urging businesses to seize the new market access and expand confidently into the UAE and beyond.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ghana News
  • Website

Related Posts

South Sudan’s leader sacks aides after dead man appointed

February 4, 2026

South African white separatists claim land acquired from Zulu king then lost to British

February 2, 2026

Muhoozi’s outbursts expose Uganda’s unease with funding Somalia war

February 2, 2026
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Top Posts

Ghana and the U.S. Strengthen Strategic Partnerships in Satellite Technology and Digital Transformation

July 6, 20262 Views

Ghana and the U.S. Strengthen Strategic Partnerships in Satellite Technology and Digital Transformation

July 5, 20262 Views

Ghana and the U.S. Strengthen Strategic Partnerships in Satellite Technology and Digital Transformation

July 4, 20268 Views

Ghana’s Digital Wallet Revolution: How NITA’s Electronic Document Wallet (GEDW) Will Transform Identity Verification and Digital Transactions

July 4, 20266 Views

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 3, 20264 Views
About Us
About Us

Ghanamma is an independent digital news platform delivering timely updates and reliable information across politics, business, technology, health, entertainment, sports, and world affairs, helping readers stay informed through trustworthy journalism and meaningful insights.

Facebook X (Twitter) Pinterest YouTube WhatsApp
World News

South Sudan’s leader sacks aides after dead man appointed

February 4, 2026

South African white separatists claim land acquired from Zulu king then lost to British

February 2, 2026

Muhoozi’s outbursts expose Uganda’s unease with funding Somalia war

February 2, 2026
Top stories

University of Ghana Attributes Fee Increases to Student Leadership Charges

January 2, 20261 Views

Sam Jonah, 3 Others Cleared Of Criminal Charges In River Park Estate Dispute In Nigeria

January 2, 20260 Views

GCNH donates health logistics to Ho Municipal Health Directorate  

January 2, 20260 Views
  • About Us
  • Contact Us
  • Cookies Policy
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
© 2026 Ghanamma. Designed by Ghanamma.

Type above and press Enter to search. Press Esc to cancel.