Tag: Ambassador Yusuf Tuggar

  • Tuggar seeks private sector-led ECOWAS integration

    Tuggar seeks private sector-led ECOWAS integration

    Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has stressed the need for stronger collaboration between West African governments and the private sector to boost regional competitiveness.

    Tuggar made the call yesterday during a high-level private sector roundtable in Lagos, ahead of the upcoming West Africa Economic Summit (WAES).

    The roundabout had ‘United Voice: The Power of Private Sector Participation in the West African Economic Summit’ as theme.

    The gathering, which brought together industry leaders and CEOs from across the region, was described as a “definitive shift” in policy engagement, not just a preparatory event.

     “The private sector is not peripheral, but central to economic governance,” Tuggar said, stressing its vital role in shaping West Africa’s future prosperity.

    His comments reflect broader continental goals, particularly those of the African Continental Free Trade Area (AfCFTA), which seeks to unite Africa’s markets and enhance global competitiveness.

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    Tuggar warned that in spite of Nigeria’s position as Africa’s largest economy, national strength alone cannot guarantee long-term growth or regional leadership.

     “In today’s interconnected world, West Africa must move beyond national interests to embrace deeper regional integration,” he stated.

    The minister pointed to West Africa’s significant population of over 400 million, one of the fastest-growing and youngest regions globally.

    He said this demographic advantage, if properly harnessed, could power inclusive and sustained economic development.

    However, he noted a major gap: intra-African trade forms only 15 per cent of total trade, with West Africa trailing at just 12–13 per cent.

    By contrast, intra-regional trade in the European Union often exceeds 60 per cent while Asia is also far ahead.

     “This gap reflects not a lack of potential, but issues like poor coordination, weak infrastructure, and limited political will,” he explained.

    He cited non-tariff barriers, customs delays, and inadequate transport as major challenges restricting the free movement of goods and services.

    Tuggar outlined key regional projects with strong potential for private sector involvement.

    These include the ECOWAS Trade Liberalisation Scheme (ETLS), which aims to ease goods and labour movement within the region.

    He also noted the Abidjan-Lagos Corridor highway, connecting five countries to boost trade and regional integration.

    Additionally, he highlighted the West African Power Pool (WAPP), aimed at delivering reliable and affordable electricity across the region.

    He stressed that these projects need substantial private investment and technical know-how to be successful.

    Tuggar also spoke of a new ‘Atlantic era,’ urging West Africa to help shape global trade systems that previously excluded the region.

     “We are entering an Atlantic era where West Africa won’t just supply resources but take an active role in global prosperity,” he said.

    The WAES, taking place from June 20 to 21 in Abuja, is fully supported by President Bola Tinubu and fellow West African leaders.

    It aims to shift the region from raw exports to production, fostering value chains and building bigger, more attractive markets.

     “Governments do not build economies alone. It’s your investments, innovation, and networks that drive growth,” Tuggar told the business leaders.

    He encouraged them to propose solutions to trade obstacles, regulatory issues, funding gaps, and policy reforms to boost private sector involvement.

     “WAES is not another talk shop. It’s about results — making West African business faster, cheaper, and more predictable,” he assured participants.

    Tuggar called for sustained collaboration beyond the summit, promising that private sector input will shape both structure and outcomes.

     “Unstructured potential is wasted. WAES allows us to organise our efforts for long-term impact,” he said.

    The summit will host heads of state, ministers, investors, and regional institutions.

    Its goal is to jointly craft a roadmap for sustainable economic integration and unlock ECOWAS’s full potential.

  • Why we must review our foreign policy, by Tuggar

    Why we must review our foreign policy, by Tuggar

    Foreign Affairs Minister, Ambassador Yusuf Tuggar yesterday said the country is in dire need of foreign policy review.

    It has become necessary following the current happening on the globe, Tuggar added.

     Calling for  a review of the nation’s current foreign policy, the minister demanded  dynamism so as to ensure the protection of national interest.

    He insisted that diplomacy should take the lead over war, urging leaders worldwide to encourage dialogue for conflict resolution over the money draining, blood spilling war.

    He spoke  at the inaugural session of the Agora Policy Forum with the theme: “Nigeria’s Foreign Policy at a Time of Global Uncertainty.”

    The minister said: “We are gathered here at a time when the international order is undergoing significant transformation. Geopolitical tensions, economic realignments, daily tariffs and trade wars, security threats, climate change, and technological disruptions are reshaping the global landscape in ways that demand strategic recalibration from all nations. Traditional assumptions about democracy and markets are being questioned by state and non-state actors.

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    “As Africa’s most populous country and a key economic and diplomatic actor, Nigeria must protect and promote our values and commitment to democratic freedoms and the celebration of diversity, as we navigate these new complexities with foresight, pragmatism, and resilience.

    “The post-Cold War consensus that shaped global governance for the past three decades is increasingly fracturing. The resurgence of great power competition, the fragmentation of multilateralism, and the proliferation of regional conflicts have created a more unpredictable world than ever in our post-independence history.

    “The war in Ukraine has reshaped energy markets, disrupted supply chains, and exacerbated food insecurity, particularly for developing economies like ours.

    “Conflict in Sudan and the Sahel has illustrated the limits of the old rules-based order, as new state and non-state actors flex influence in areas of chronic instability.

    • The global economy is experiencing persistent inflationary pressures, debt crises in emerging markets, and a reconfiguration of trade partnerships.

    “The rise of new technologies, from artificial intelligence to digital currencies, introduces opportunities and challenges for economic governance and national security.

    “Climate change continues to pose an existential threat, with Africa disproportionately affected, despite contributing the least to global emissions.

    “In this context, Nigeria’s foreign policy must be dynamic. It must ensure that our national interests are protected while we remain a responsible and engaged member of the international community. And above all, foreign policy must be efficient. If diplomacy is war by other means, the terrible costs of conflict must at least partially be a measure of diplomatic failure.”

    He stressed that: “We should invest in capacity and exhaust all available avenues, because the alternatives are much worse. In that sense, the triumph of diplomacy should be measured as much by what we do not see, what we can avoid, and what we do see. To take examples from our history: we still reference – and rightly so – the sacrifice Nigeria made in Liberia and Sierra Leone in the 1990s,  but not so much the efforts, through public diplomacy, back channels, direct engagement, third-party involvement, the balancing of principle with practical detail – all tricks in the diplomatic toolbox – that led to the transfer of power in Gambia without a drop of blood spilt.”

    He insisted that: “Tragedies avoided are more easily forgotten than sacrifices made. For this reason, with defence budgets escalating around the world, we need to be reminded, even in a transactional world, that diplomacy should take the lead. It is always better to talk. We do not always deliver perfect outcomes, especially where those areas of common interest and good faith are narrow, where one side may face particular local pressures that trump what partnership might deliver. Realistic outcomes are shaped by realistic expectations.”

    The minister decried that: “We see the existing order deconstructing. It was an order that did not present a level playing field for Nigeria and Africa, in terms of access to financing and markets and the tools to facilitate peace, prosperity and opportunity. As that order breaks down, what follows is much less clear.

    It is our responsibility, as the region’s key power, to be a voice for Africa – to play our part in helping create a modern and dynamic order that reflects our national and shared interests.

    “And that responsibility is fundamentally diplomatic: securitisation shifts thinking from strategic to tactical, to a reduction in the space for dialogue, compromise and manoeuvre. Security more than ever tilts towards hardware and technology.

    “Diplomacy at its best is a very human process of interaction. Of course, a strong defence capability and the unspoken jeopardy it carries can be significant assets in negotiation, and there are moments when diplomatic routes have failed that the national interest must be defended by force. But sequencing is everything. Lives and livelihoods depend on it.”

    He explained that “Nigeria’s foreign policy has traditionally been anchored on Africa as the centerpiece, supported by non-alignment, economic diplomacy, and global multilateralism. While these principles remain relevant, they must evolve to reflect the realities of our time.”

    Tuggar  pointed out that : “A nation’s foreign policy is only as firm as the intellectual and strategic framework that underpins it. This is why fora such as the Agora Policy Roundtable are invaluable. Policymakers, scholars, and industry leaders must collaborate to provide thought leadership that informs our diplomatic choices.

    “Nigeria must remain proactive, adaptive, and innovative in its foreign engagements as it navigates global uncertainty. Evidence-based policymaking, a long-term vision, and a commitment to national and continental advancement must underpin our strategy.

    “Nigeria’s foreign policy during a time of global uncertainty is not merely about responding to external pressures but also about shaping our destiny within the international order. It is about ensuring that our economy is resilient, our security is safeguarded, and our voice is amplified in global decision-making.”

  • Tinubu arrives Ethiopia for AU summit

    Tinubu arrives Ethiopia for AU summit

    President Bola Ahmed Tinubu arrived in Ethiopia on Thursday night to attend the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government. 

    His arrival marks a crucial step in Nigeria’s continued engagement with continental affairs, particularly on peace, security, and economic cooperation.

    The President was received at the airport by the Ethiopian Deputy Chief of Protocol, Eshetu Legesse, the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, and the charge d’affaires of the Nigerian embassy in Ethiopia, Ambassador Nasir Aminu.

    A statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, informed Tuggar later briefed the President about the summit and some diplomatic wins for the country, a session that stretched until about 2 am on Friday.

    Among the wins was the re-election of Ambassador Bankole Adeoye as African Union Commissioner for Political Affairs, Peace and Security. Nigeria also retains its seat on the African Union Peace and Security Council, reaffirming, in the words of Ambassador Tuggar, “Nigeria’s leadership and commitment to peace and security on the continent”.

    At the briefing were Mr Wale Edun, the Minister of Finance; Abubakar Badaru, Minister of Defence; Jumoke Oduwole, the Minister of Trade and Investment; Festus Keyamo, Minister of Aviation; Muhammed Idris, Minister of Information and National Orientation; Balarabe Abbas Lawal Minister of Environment and Doris Uzoka-Anite, Minister of State for Finance.

    Ambassador Mohammed Mohammed, Director-General of the National Intelligence Agency, and Vice Admiral Emmanuel Ogalla, the Chief of Naval Staff, also attended the briefing.

    This year’s AU summit, under the theme “Justice for Africans and People of African Descent Through Reparations,” focuses on reparatory justice and racial healing.

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    Tinubu will deliver a speech at the Summit-level meeting of the African Union Peace and Security Council, where discussions will focus on current security challenges on the continent, including the escalation of conflict in the Democratic Republic of Congo.

    The President will participate in meetings on health financing, establishing an Africa Credit Rating Agency, and climate change.

    President Tinubu will return to Abuja on Monday, February 17.