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Home»Nigeria»Nigeria, UAE deepen ties in trade, agriculture, energy, others
Nigeria

Nigeria, UAE deepen ties in trade, agriculture, energy, others

Ghana NewsBy Ghana NewsJuly 13, 2026No Comments2 Mins Read
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Jonas Ezieke, Abuja with Agency report  

 

Nigeria and the United Arab Emirates have reaffirmed their commitment to strengthening bilateral relations, with both countries set to expand cooperation across key sectors, including agriculture, banking, energy, artificial intelligence, industrialisation and infrastructure.

 

The Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu Ojukwu, disclosed this in a statement on Sunday following a meeting between President Bola Tinubu and the UAE Minister of State for Foreign Affairs, Sheikh Shakhboot Bin Nahyan Al Nahyan, at the Presidential Villa, Abuja.

 

The meeting comes months after Nigeria and the UAE signed the Comprehensive Economic Partnership Agreement, a landmark trade deal aimed at boosting investment, expanding market access and deepening economic cooperation between both countries.

 

In recent years, relations between the two countries have witnessed renewed momentum following the resolution of diplomatic issues that affected travel and business engagements. Both nations have since intensified efforts to strengthen economic cooperation through increased trade, investment and financial partnerships.

 

Speaking on the outcome of the meeting, Odumegwu Ojukwu described the engagement as frank and productive, saying it reflected the growing strategic partnership between Abuja and Abu Dhabi.

 

“It was not only a highly constructive engagement, but a candid interaction as the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, received UAE Minister of State for Foreign Affairs, His Highness, Sheikh Shakhboot Bin Nahyan Al Nahyan at State House, Abuja.

 

“Our two countries are moving to deepen bilateral ties and are expanding cooperation in agriculture, banking, energy, A.I, industrialisation and infrastructure, with a Joint Commission meeting also in the pipeline”, the minister stated.

 

According to her, trade and investment remained at the centre of the expanding relationship between the two countries, noting that both governments were exploring opportunities to significantly increase commercial exchanges.

 

“Nigeria and the UAE share a rapidly expanding partnership centred on trade, investment, and strategic diplomacy. Non oil trade has reached an estimated $5 billion, and Sheik Bin Nahyan Al Nahyan believes the potential exists for scaling up this figure, especially in view of the Comprehensive Economic Partnership Agreement (CEPA) signed in January this year between our two nations”, she continued.

 

The minister explained that the agreement would provide businesses in both countries with greater market access by removing tariffs on thousands of products and opening up new investment opportunities.

 

“This pact eliminates tariffs on more than 7,000 Nigerian products entering the UAE and over 6,000 Emirati products entering Nigeria, while opening service sectors and business establishment opportunities in both countries”, she added.

 

Odumegwu-Ojukwu also highlighted growing cooperation in the financial and energy sectors, describing them as important indicators of increasing investor confidence.

 

“Furthermore, our bilateral banking ties are deepening, marked by the planned entry of the First Abu Dhabi Bank into Lagos.

 

“The Dangote Petroleum Refinery also recently diversified its feedstock by purchasing its first-ever cargoes of crude oil from the UAE”, she further stated.

 

She reaffirmed the Federal Government’s commitment to consolidating relations with the Gulf nation and building on the longstanding diplomatic ties between both countries.

 

“Nigeria remains committed to strengthening our bilateral relations at the highest levels, and to building on the solid foundation of the very warm, cordial and longstanding relations that exist between our two nations”, the minister concluded.

 

The latest engagement is expected to pave the way for a Joint Commission meeting between Nigeria and the UAE, where both countries are expected to outline additional areas of cooperation aimed at boosting trade, investment and broader economic development.

 

Meanwhile, the Government has expressed deep condolences on the passing of His Highness Sheikh Hamad bin Khalifa Al Thani, the Father Amir of the State of Qatar, on Sunday, 12 July 2026.

 

This is contained in a statement issued to newsmen by the spokesperson of the Ministry of Foreign Affairs Mr.Kimiebi Ebienfa, on Sunday in Abuja.

 

His Highness Sheikh Hamad bin Khalifa Al Thani, who served as Emir of Qatar from 1995 to 2013, was a distinguished and visionary leader whose transformative contributions to the development and modernization of  Qatar have left an indelible mark on the nation and the wider region. His wisdom, dedication to progress, and commitment to international cooperation will be remembered fondly by the people of Qatar, the Gulf countries, and international partners.

 

The statement read, “On behalf of the Government and people of Nigeria, the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, extends our sincere condolences to His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, the Al Thani family, and the brotherly people of Qatar.

 

“Nigeria stands in solidarity with Qatar during this time of grief and prays that Almighty God grant His Highness the Father Amir eternal rest in paradise, grant his family and the Qatari people patience and solace, and give them strength and comfort in this difficult time.”

 

For a better society

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