Newday Reporters

Tinubu Hails Nigeria–UAE Industrial Partnership as Major Economic Breakthrough

President Bola Ahmed Tinubu has praised the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi, describing it as a landmark development in industrial and trade collaboration.
According to a statement from the presidential spokesman, Bayo Onanuga, the President sees the MoU as a “tangible outcome of strengthened diplomatic ties and growing economic cooperation” between Nigeria and the United Arab Emirates. This comes on the heels of recent high-level engagements and state visits, which prioritized trade, investment, infrastructure, and food security.
The agreement covers joint efforts in sugar refining, agro-industrial development, and integrated global logistics solutions, with sugar refining and advanced logistics infrastructure set to be developed in the UAE. The partnership aims to boost value addition, enhance supply chain resilience, and foster structured trade flows between West Africa and the Gulf region.
President Tinubu emphasized that the MoU reflects international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialization. “Strategic diplomacy must translate into measurable economic gains,” he said. “This partnership demonstrates the renewed momentum in Nigeria–UAE relations and our drive to position Nigeria as a competitive industrial and trading nation, while enabling Nigerian businesses to compete confidently on the global stage.”
He also highlighted BUA Group’s strong industrial foundation in Nigeria, which includes integrated food processing operations and investments in port infrastructure, as a solid base for expanding international trade integration.
The President further commended Alhaji Abdul Samad Rabiu, Chairman of BUA Group, for his continued investment in diverse sectors of the Nigerian economy and for proving that Nigerian companies can compete globally.
Reaffirming his administration’s economic agenda, President Tinubu stated that his government remains committed to deepening bilateral partnerships, attracting investment, expanding exports, supporting Nigerian enterprises, and delivering sustainable prosperity for the nation.

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