Tag: Tuggar

  • Nigeria’s position at G20 driven by national priorities – Tuggar

    Nigeria’s position at G20 driven by national priorities – Tuggar

    The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, on Monday said that Nigeria’s position at the G20 Summit in South Africa was driven by its national priorities and its vision for a fairer global economic order.

     Tuggar disclosed this in a statement issued by his media aide, Alkasim Abdulkadir.

    President Tinubu, in his message to the summit, called on world leaders to place debt sustainability and responsible mineral governance at the centre of global discussions, insisting that these issues are essential to building a global economy that “uplifts rather than excludes.”

    Tinubu, who was represented by the Vice President, Senator Kashim Shettima, stressed that sustainable development cannot be achieved if nations remain trapped in cycles of debt distress or if mineral exploitation continues to replicate historical patterns of inequality.

    The Nigerian delegation reaffirmed that Africa must no longer be viewed as a mere supplier of raw materials, but as a continent positioned for value addition, industrial transformation, and innovation.

    This shift, they argued, is key to achieving shared prosperity and breaking long-standing structural barriers across the continent.

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    Addressing the summit’s theme  “A fair and Just Future for All: Critical Minerals, Decent Work, Artificial Intelligence” Vice President Shettima highlighted Nigeria’s investments in technology, skills development, and youth empowerment under the Renewed Hope AgendaHe stressed that as global transitions accelerate, they must remain human-centred: “Decent work is the anchor that makes these transitions fair, inclusive and sustainable,” he said.

    Tuggar further stated that Nigeria also urged G20 leaders to support a global framework of fairness in the extraction and trade of critical minerals, insisting that resource-rich African communities must benefit from the industries built around their land.

    President Tinubu’s message made clear that these minerals should drive Africa’s industrialization and development rather than entrench historical inequities.

    He also congratulated President Cyril Ramaphosa and the Government of South Africa for the historic hosting of the first-ever G20 Summit on African soil, describing it as a landmark moment that affirms Africa’s rightful place in global governance.

  • Tuggar reaffirms Nigeria-EU strategic partnership

    Tuggar reaffirms Nigeria-EU strategic partnership

    Minister of Foreign Affairs Ambassador Yusuf Tuggar has reaffirmed Nigeria’s commitment to deepening longstanding strategic partnership with the European Union (EU).

    Tuggar noted that the EU remains Nigeria’s largest trading partner and a critical ally in regional development, peace and integration.

    The minister spoke while hosting a six-member delegation from the European Parliament’s Committee on Foreign Affairs at the Ministry of Foreign Affairs, Tafawa Balewa House, Abuja.

    The visiting parliamentarians, drawn from five countries and representing three different political groups, were in Nigeria as part of a working visit to strengthen bilateral relations and gain a deeper understanding of developments in West Africa.

    Discussions held in Abuja are expected to inform the EU’s policy input ahead of the forthcoming EU–African Union Summit in Angola later in November.

    Ambassador Tuggar, in his welcome remarks, noted that any engagement with the EU is “a very important one” for Nigeria given the continent’s economic and political influence.

    “Europe continues to be our largest trading partner, accounting for no less than €31.8 billion in trade volume.

    “For us, the European Union is not a distant partner; we consider ourselves neighbours, separated only by the Mediterranean, which is water in the middle of land.”

    He stressed that Nigeria’s relationship with the EU transcends commerce, extending to security cooperation, regional stability and sustainable development.

    The minister also highlighted Nigeria’s recent admission as the 77th shareholder in the European Bank for Reconstruction and Development (EBRD), describing it as a milestone that reinforces the country’s commitment to international cooperation and investment.

    Tuggar said:  “President Bola Ahmed Tinubu’s administration prioritises food security as the foundation of national stability, especially with Nigeria’s population projected to grow from 230 million to over 400 million by 2050.

    “We are in a race against time to feed our population, create jobs, and promote sustainable growth. As the leader of our region and a key player on the continent, Nigeria bears the responsibility of fostering integration and ensuring the prosperity of the African market.”

    Read Also: Tinubu’s fiscal revolution rebuilding Nigeria, says APC

    He also pointed out that the West African bloc look up to the European Union as a model of integration and partnership, “and we are committed to strengthening our collaboration.”

    Speaking on behalf of the delegation, Member of the European Parliament and Chairman of the Committee on Foreign Affairs, David MacAllister, described Nigeria as a “strategic partner” for the European Union, highlighting the country’s political influence, population strength, and regional leadership within ECOWAS.

    “Nigeria is not only Africa’s most populous nation but also a major regional, political, and economic power in West Africa.

    “We are here to listen, learn, and deepen our engagement with your great country.”

    The delegation commended Tuggar for engaging them in a detailed and open discussion on regional affairs, including developments in ECOWAS, the African Union and the Sahel region.

    MacAllister said: “To sum it up in one sentence, Nigeria matters. Nigeria matters for us in the European Union.

    “We are very keen to take our relationship with Nigeria to the next level, and this will be the message we take back to Brussels.”

    The visit forms part of a broader mission to West Africa, with the delegation scheduled to spend two and a half days in Nigeria before proceeding to Ghana.

  • Tuggar reaffirms Nigeria–EU strategic partnership

    Tuggar reaffirms Nigeria–EU strategic partnership

    Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has reaffirmed Nigeria’s commitment to deepening longstanding strategic partnership with the European Union (EU).

    Tuggar noted the EU remains Nigeria’s largest trading partner and a critical ally in regional development, peace, and integration.

    The Minister spoke  while hosting a six-member delegation from the European Parliament’s Committee on Foreign Affairs at the Ministry of Foreign Affairs, Tafawa Balewa House, Abuja. 

    The visiting parliamentarians, drawn from five countries and representing three different political groups, were in Nigeria as part of a working visit to strengthen bilateral relations and gain a deeper understanding of developments in West Africa.

    Discussions held in Abuja are expected to inform the EU’s policy input ahead of the forthcoming EU–African Union Summit in Angola later in November.

    Tuggar noted that any engagement with the EU is “a very important one” for Nigeria given the continent’s economic and political influence.

    “Europe continues to be our largest trading partner, accounting for no less than €31.8 billion in trade volume.

    “For us, the European Union is not a distant partner we consider ourselves neighbours, separated only by the Mediterranean, which is water in the middle of land.”

    He stressed that Nigeria’s relationship with the EU transcends commerce, extending to security cooperation, regional stability, and sustainable development. 

    The Minister also highlighted Nigeria’s recent admission as the 77th shareholder in the European Bank for Reconstruction and Development (EBRD), describing it as a milestone that reinforces the country’s commitment to international cooperation and investment.

    Tuggar said:  “President Bola Ahmed Tinubu’s administration prioritises food security as the foundation of national stability, especially with Nigeria’s population projected to grow from 230 million to over 400 million by 2050.

    “We are in a race against time to feed our population, create jobs, and promote sustainable growth. As the leader of our region and a key player on the continent, Nigeria bears the responsibility of fostering integration and ensuring the prosperity of the African market.”

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    He also pointed out that the West African bloc look up to the European Union as a model of integration and partnership, “and we are committed to strengthening our collaboration.”

    Speaking on behalf of the delegation, Member of the European Parliament and Chairman of the Committee on Foreign Affairs, David MacAllister described Nigeria as a “strategic partner” for the European Union, highlighting the country’s political influence, population strength, and regional leadership within ECOWAS.

    “Nigeria is not only Africa’s most populous nation but also a major regional, political, and economic power in West Africa.

    “We are here to listen, learn, and deepen our engagement with your great country.”

    The delegation commended Minister Tuggar for engaging them in a detailed and open discussion on regional affairs, including developments in ECOWAS, the African Union, and the Sahel region. 

    MacAllister said: “To sum it up in one sentence, Nigeria matters. Nigeria matters for us in the European Union.

    “We are very keen to take our relationship with Nigeria to the next level, and this will be the message we take back to Brussels.”

    The visit forms part of a broader mission to West Africa, with the delegation scheduled to spend two and a half days in Nigeria before proceeding to Ghana. 

  • Tuggar hails Tinubu on Nigeria’s diplomatic triumph at Global Gas Forum

    Tuggar hails Tinubu on Nigeria’s diplomatic triumph at Global Gas Forum

    The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has congratulated President Bola Ahmed Tinubu on what he described as a “historic diplomatic success” recorded by Nigeria at the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) held in Doha, Qatar.

    At the high-level gathering, Dr Philip Mshelbila, Managing Director of the Nigeria LNG Limited (NLNG), was elected Secretary-General of the GECF, while Minister of State for Petroleum Resources (Gas),  Ekperikpe Ekpo, emerged President of the 2026 GECF Ministerial Meeting.

    According to a statement by his office,

    Ambassador Tuggar hailed the twin achievements as “clear testaments to President Tinubu’s proactive foreign policy engagements and his strategic vision to restore Nigeria’s influence in global energy diplomacy under the Renewed Hope Agenda.”

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    He disclosed that the Ministry of Foreign Affairs played a pivotal role in supporting Nigeria’s successful candidature through coordinated diplomatic outreach via Nigeria’s missions to all GECF member states, formal campaign launches, and sustained engagement with African counterparts to secure unified continental backing.

    According to the minister, the diplomatic drive was reinforced by Nigeria’s bilateral engagements at major global summits, including the BRICS Summit in Brazil and the African Union 7th Mid-Year Coordination Meeting in Malabo, Equatorial Guinea, with strong political support from the Presidency ensuring the country’s wide acceptance.

    Tuggar commended Mshelbila and Ekpo for bringing “stellar credentials and experience” to their new international positions, describing their elections as “victories not only for Nigeria but for Africa’s collective voice in global energy governance.”

    He expressed confidence that their leadership would strengthen the GECF’s role in shaping the global energy transition, promoting equitable resource management, and advancing sustainable development.

    Reaffirming his ministry’s commitment to sustaining Nigeria’s rising diplomatic profile, Tuggar said the Ministry of Foreign Affairs would continue to align its engagements with President Tinubu’s vision of a reformed, respected, and economically vibrant Nigeria whose foreign policy delivers tangible benefits to its citizens.

  • Tuggar: Nigeria’s foreign policy must drive economic growth

    Tuggar: Nigeria’s foreign policy must drive economic growth

    Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has said the country’s foreign policy must directly serve its economic ambitions by unlocking trade corridors, attracting investment, and forging partnerships that strengthen the domestic economy.

    Speaking at the 31st Nigerian Economic Summit (NES #31) in Abuja, Ambassador Tuggar said the Ministry of Foreign Affairs is now fully oriented toward economic diplomacy, guided by Nigeria’s “4D Foreign Policy Doctrine” — Democracy, Development, Demography, and Diaspora.

    “Under President Tinubu’s leadership, Nigeria’s foreign policy is defined by strategic autonomy,” he said. “We pursue partnerships of purpose, not alliances of obligation. Nigeria must reject binary ideological alignments and instead embrace issue-based relationships that advance national interest. We are too significant a nation to engage in bandwagon diplomacy.”

    Tuggar said Nigeria’s diplomatic efforts are being shaped to advance trade, regional development, and industrial competitiveness.

    He pointed to the recently launched West Africa Economic Summit (WAES) as a major platform for advancing cross-border industrialization, trade, and infrastructure integration within the subregion.

    “Nigeria’s prosperity is tied to West Africa’s progress,” he stated. “The more we invest in regional value chains and policy harmonization, the more resilient and competitive we become as a bloc.”

    The minister noted that Nigeria’s development strategy must align with successful global models, drawing lessons from emerging middle-power economies such as MIKTA — Mexico, Indonesia, Korea, Turkiye, and Australia — as well as the East Asian “Flying Geese Paradigm,” where nations industrialized through coordinated progression.

    Read Also: Economic Reforms: No governor in Nigeria still borrows to pay salaries, says Akpabio

    “With our demographic weight, market size, and strategic geography, Nigeria has the scale and capacity to lead Africa’s own ‘flying geese’ formation,” Tuggar said. “But leadership must be earned — through sound policies, productive investment, regional coordination, and institutional credibility.”

    He also called for deeper collaboration between Nigeria’s policy and research institutions to ensure that the country’s domestic reforms and international engagements are guided by evidence-based strategies.

    “We must invest in policy intelligence,” he said. “That means building a pipeline of ideas, innovation, and informed foresight through collaboration between government, academia, civil society, and research institutions. Geopolitics today is the realm of weaponized interdependence — we must be smarter, faster, and more strategic.”

    Tuggar commended the work of the Nigerian Institute of International Affairs (NIIA) and other think tanks, noting their vital role in shaping research-driven policy that strengthens Nigeria’s global standing.

    He said the Foreign Ministry remains committed to a results-driven approach, ensuring that Nigeria’s diplomacy delivers tangible benefits to its citizens.

    “Whether through advancing trade under AfCFTA, facilitating investment flows, supporting climate finance, or championing Africa’s voice in global fora, our diplomacy must deliver concrete benefits to Nigerians,” he said.

    Ambassador Tuggar expressed confidence that the deliberations at the summit would translate into actionable outcomes and renewed commitment among stakeholders to drive national progress.

    “Our challenge is to turn dialogue into delivery,” he said. “If we align our ambition with implementation, Nigeria will not only reform but lead — regionally, globally, and in the hearts of our people.”

  • Tuggar calls for shift from aid to investment, inclusive growth at Abuja gender summit

    Tuggar calls for shift from aid to investment, inclusive growth at Abuja gender summit

    Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has urged African nations to embrace economic diplomacy that prioritises investment, inclusivity, and gender equity as the foundation for sustainable growth on the continent.

    Tuggar made the call on Thursday in Abuja while delivering the keynote address at the Policy Innovation Centre’s High-Level Plenary of the 2025 Gender Inclusion Summit, themed “From Aid to Investment – Leveraging Economic Diplomacy for Africa’s Inclusive Development.”

    The minister emphasised that Africa stands “at the cusp of transformation” with a population projected to hit 2.5 billion by 2050 and a combined nominal GDP of $2.8 trillion. 

    Nigeria, he noted, with a GDP of about $243 billion, occupies a strategic position in shaping the continent’s development trajectory.

    Despite these opportunities, Tuggar highlighted persistent obstacles, including Africa’s low intra-continental trade at just 18 percent compared to Asia’s 59 percent and Europe’s 69 percent. 

    He also pointed to gender disparities, noting that women make up 70 percent of the informal economy yet remain largely excluded from formal trade.

    According to UNESCO’s 2024 report, 7.6 million Nigerian girls are still out of school, with the Northwest and Northeast accounting for nearly half of that number. Women also hold just 27.3 percent of parliamentary seats across Africa and only 4.2 percent in Nigeria’s National Assembly.

    “These statistics not only highlight the gender disparities in critical sectors but remind us of a simple truth: growth without inclusivity is fragile, and prosperity without equity is unsustainable,” Tuggar warned.

    He cited a Council on Foreign Relations report forecasting a potential 23 percent surge in Nigeria’s GDP—equivalent to $229 billion—if women were allowed equal participation in the economy.

    Nigeria’s diplomatic recalibration

    The minister said Nigeria had responded to these challenges with a recalibrated foreign policy anchored on President Bola Tinubu’s 4-D Diplomacy Agenda—Development, Demography, Diaspora, and Democracy—each pillar designed to prioritise women and youth inclusion.

    One outcome of this approach, Tuggar explained, is the Regional Partnership for Democracy (RPD), aimed at strengthening democratic institutions and ensuring equitable participation of women and youth. 

    He also highlighted Nigeria’s hosting of the West Africa Economic Summit in Abuja earlier this year, which resolved to dismantle barriers to women’s economic empowerment and mainstream gender-responsive policies.

    Opportunities in trade and finance

    Tuggar warned that initiatives like the African Continental Free Trade Area (AfCFTA) and the Pan-African Payment and Settlement System (PAPSS), while significant, could leave women behind if barriers to finance, literacy, and market access persist.

    He praised Nigerian financial institutions for driving cross-border trade and digital banking but stressed the need to accelerate female leadership in the sector. 

    Domestically, he cited the Central Bank’s 2012 Sustainable Banking Principles, the National Gender Policy (2021–2026), the Women’s Economic Empowerment Policy (2023–2028), and INEC’s Gender Policy (2021–2025) as examples of frameworks pushing for inclusion.

    On youth inclusion, the minister pointed to Nigeria’s Technical Aid Corps (TAC), which deploys professionals abroad, the Nigeria Youth Investment Fund (NYIF), the new Student Loan Act, and the Three Million Technical Talent (3MTT) programme, which equips young Nigerians with advanced digital skills.

    Tuggar concluded by urging stakeholders to move beyond dialogue to concrete commitments. He outlined three priorities: boosting women’s political representation, supporting the development of the Gender and Inclusion Framework for Economic Diplomacy (GIF-ED) and the Purple Book of Action Plans 2025, and ensuring equity and inclusion in all future policies and partnerships.

    “Equity is not optional. Inclusion is not charity. They are the foundations of a prosperous, stable, and sustainable Africa,” he declared.

  • Nigeria reaffirms commitment to stronger ties with Cote d’Ivoire — Tuggar

    Nigeria reaffirms commitment to stronger ties with Cote d’Ivoire — Tuggar

    The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has reaffirmed Nigeria’s commitment to deepening its relationship with Cote d’Ivoire in the collective pursuit of peace, stability, and prosperity.

    Tuggar made this known in a congratulatory message to his Ivorian counterpart, Kacou Houadja Léon Adom, Minister of Foreign Affairs, African Integration, and Diaspora, on the occasion of Cote d’Ivoire’s Independence Anniversary.

    According to a statement by the Ministry’s Spokesperson, Kimiebi Imomotimi Ebienfa, the minister expressed Nigeria’s goodwill and readiness to strengthen bilateral ties between both nations.

    The statement reads, “On this momentous occasion, Nigeria joins the Government and People of Côte d’Ivoire in celebrating the enduring spirit, unity and achievements of the Ivorian people. This significant day serves as a reminder of the shared history, mutual respect and longstanding ties of brotherhood between our two nations.

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    “Nigeria commends the excellent diplomatic relations and fruitful cooperation that have continued to define the cordial relationship between our countries. “We remain committed to strengthening these bonds in the pursuit of peace, stability and prosperity especially in the West African region and beyond.

    “Therefore, Nigeria wishes the government and people of the Republic of Côte d’Ivoire enduring national unity, peace and progress, while reaffirming our steadfast friendship and support.”

  • Tuggar, NACCIMA seek diplomatic support for private sector

    Tuggar, NACCIMA seek diplomatic support for private sector

    The Minister of Foreign Affairs Yusuf Tuggar, yesterday underscored the Federal Government’s diplomatic strategy in support of private-sector growth.

    Tuggar who spoke at the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) inaugural Economic Diplomacy Dialogue held in Abuja called on the diplomatic community to support Nigeria’s private sector in its bid to drive economic transformation.

    The event brought together ambassadors, government officials and business leaders to explore collaborative strategies aimed at strengthening trade, investment, and industrial cooperation.

    Tuggar stressed the significance of the event and reaffirmed NACCIMA’s central role in President Bola Tinubu administration’s international economic policy.

    He said the dialogue is a very important programme and it is important to what the Tinubu administration is trying to achieve in terms of promoting trade and investments and strengthening supply and value chains in Nigeria.

    Read Also: Tuggar,  Odumegwu-Ojukwu praise Falcons’ resilience in 10th WAFCON Win

    The Minister pointed out the government’s “strategic opportunity” approach—one that avoids ideological alignments and focuses instead on building pragmatic economic partnerships.

     “Nigeria has always been open when it comes to dealing with other countries. We are being mindful of the size of our population. Our goal is to leverage that advantage to create as much employment as possible,” the minister noted.

    He also listed the establishment of Special Economic Zones and regional development authorities as parts of the administration’s plan to attract investment and expand production.

     “We want to produce enough to feed ourselves and export to other countries,” he said.

    He also said Nigeria will not be left behind in the ongoing energy transition, saying the country has vast hydrocarbon resources.

    He also spoke about industrial revival, noting ongoing investments in refining capacity and clean energy sectors, including those related to climate-related manufacturing.

     “These are areas where Nigeria must participate actively,” Tuggar said.

    The minister also emphasised the need to go beyond diplomatic formality and support real, business-driven collaboration between countries.

     “It’s not enough to just sign the IPPA. NACCIMA and their counterparts need to engage directly. That engagement, supported by the diplomatic community, will help us deliver results,” he said.

    He concluded by urging embassies and international business communities to invest in Nigeria’s transition economy.

    The event also featured remarks from the Dean of the Diplomatic Corps, Ambassador Salaheddine Ibrahima, who described Nigeria as “a country of unfathomable opportunities,” and praised Tinubu’s reform agenda.

    Ibrahima, represented by the Ambassador of Lebanon to Nigeria, Houssam Diab, said: “These partnerships are pivotal to enhancing trade, investment, and sustainable development in Nigeria,”

    Diab noted Lebanon’s move to establish a bilateral business council with Nigeria.

    The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, highlighted NACCIMA’s role in shaping Nigeria’s trade policy, including its leadership in the recently concluded five-year review of the African Continental Free Trade Area implementation.

    Oduwole, represented by her Special Adviser, Patience Okala, said: “Nigeria was the first country to undertake this kind of assessment,” Okala said.

    She also announced the launch of a new air cargo route linking Nigeria to 13 countries in Eastern and Southern Africa and unveiled plans for Nigeria’s first national export trading company in collaboration with Afreximbank.

    The National President of NACCIMA, Dr. Jani Ibrahim, in his keynote, called on the diplomatic community to support Nigeria’s private sector in its bid to drive economic transformation.

    Ibrahim described the initiative as a “new dawn in strategic partnership” between Nigeria’s organised private sector and international partners.

     “Today’s dialogue is designed to foster deeper engagement between the diplomatic community and Nigeria’s private sector to promote trade, investment, industrial cooperation, and inclusive economic growth.

    “NACCIMA seeks to leverage this platform to align with the Federal Government’s 8-Point Agenda and the “Nigeria First” principle, thereby amplifying our collective efforts toward realizing a $1 trillion economy,” he said.

    Ibrahim laid out a series of policy proposals, including the establishment of a Private Sector-Diplomatic Dialogue Framework, the creation of joint working groups on trade and the digital economy, and impact monitoring systems to track measurable progress.

    He also disclsoed that NACCIMA would be hosting an Investment Summit on December 2–3, 2025, to explore capital flows into key growth sectors.

  • Tuggar, NACCIMA seek diplomatic support for private sector

    Tuggar, NACCIMA seek diplomatic support for private sector

    The Minister of Foreign Affairs Yusuf Tuggar has underscored the Federal Government’s diplomatic strategy in support of private-sector growth.

    Tuggar, who spoke at the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA)  inaugural Economic Diplomacy Dialogue in Abuja, called on the diplomatic community to support Nigeria’s private sector in its bid to drive economic transformation. 

    The event attracted ambassadors, government officials and business leaders to explore collaborative strategies aimed at strengthening trade, investment, and industrial cooperation.

    Tuggar stressed the significance of the event and reaffirmed NACCIMA’s central role in the President Bola Tinubu administration’s international economic policy.

    He said the Dialogue is a very important programme and it is important to what the Tinubu administration is trying to achieve in terms of promoting trade and investments and strengthening supply and value chains in Nigeria.

    The Minister pointed out  the government’s “strategic opportunity” approach—one that avoids ideological alignments and focuses instead on building pragmatic economic partnerships. 

    “Nigeria has always been open when it comes to dealing with other countries. “We are being mindful of the size of our population. Our goal is to leverage that advantage to create as much employment as possible,” the Minister noted.

    Read Also: Tuggar,  Odumegwu-Ojukwu praise Falcons’ resilience in 10th WAFCON Win

    He also listed the establishment of Special Economic Zones and regional development authorities as parts of the administration’s plan to attract investment and expand production. 

    “We want to produce enough to feed ourselves and export to other countries,” he said.

    He also pointed out that Nigeria will not be left behind  in the ongoing energy transition, saying that the country has vast hydrocarbon resources.

    He also spoke about industrial revival, noting ongoing investments in refining capacity and clean energy sectors, including those related to climate-related manufacturing. 

    “These are areas where Nigeria must participate actively,” Tuggar said.

    The Minister also emphasised the need to go beyond diplomatic formality and support real, business-driven collaboration between countries. 

    “It’s not enough to just sign IPPA. “NACCIMA and their counterparts need to engage directly. That engagement, supported by the diplomatic community, will help us deliver results.”

    He concluded by urging embassies and international business communities to invest in Nigeria’s transition economy.

    The event also featured remarks from the Dean of the Diplomatic Corps, Ambassador Salaheddine Ibrahima, who described Nigeria as “a country of unfathomable opportunities,” and praised Tinubu’s reform agenda. 

    Ibrahima, represented by the Ambassador of Lebanon to Nigeria Houssam Diab said, “These partnerships are pivotal to enhancing trade, investment, and sustainable development in Nigeria,” 

    Diab noted Lebanon’s move to establish a bilateral business council with Nigeria.

    The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, highlighted NACCIMA’s role in shaping Nigeria’s trade policy, including its leadership in the recently concluded five-year review of the African Continental Free Trade Area implementation.

    Oduwole represented by her Special Adviser Patience Okala, said “Nigeria was the first country to undertake this kind of assessment,” Okala said. 

    She also announced the launch of a new air cargo route linking Nigeria to 13 countries in Eastern and Southern Africa and unveiled plans for Nigeria’s first national export trading company in collaboration with Afreximbank.

    The National President of NACCIMA, Dr. Jani Ibrahim, in his keynote address called on the diplomatic community to support Nigeria’s private sector in its bid to drive economic transformation. 

    Ibrahim described the initiative as a “new dawn in strategic partnership” between Nigeria’s organised private sector and international partners. 

    “Today’s dialogue is designed to foster deeper engagement between the diplomatic community and Nigeria’s private sector to promote trade, investment, industrial cooperation, and inclusive economic growth. 

    “NACCIMA seeks to leverage this platform to align with the Federal Government’s 8-Point Agenda and the “Nigeria First” principle, thereby amplifying our collective efforts toward realizing a $1 trillion economy,” he said.

    Ibrahim laid out a series of policy proposals, including the establishment of a Private Sector-Diplomatic Dialogue Framework, the creation of joint working groups on trade and the digital economy, and impact monitoring systems to track measurable progress. 

    He also disclosed that NACCIMA would be hosting  an Investment Summit on December 2–3, 2025, to explore capital flows into key growth sectors.

  • Deepening cooperation: Nigeria-EU senior officials to meet in Abuja – Tuggar

    Deepening cooperation: Nigeria-EU senior officials to meet in Abuja – Tuggar

    The Minister of Foreign Affairs, Amb. Yusuf Tuggar, says the Senior Officials Meeting between Nigeria and the European Union (EU) will hold on July 1 and 2, 2025 in Abuja.

    Tuggar disclosed this in a statement on Saturday issued by Kimiebi Ebienfa, spokesperson for the foreign affairs ministry.

    According to the minister, the meeting is part of preparations for the forthcoming Nigeria-EU Ministerial Meeting which aims to explore areas of cooperation.

    Tuggar said, “The Senior Officials Meeting will be co-chaired by Amb. Janet Olisa, Director, Regions Department, Ministry of Foreign Affairs, Nigeria and Mr Mathieu Briens, Deputy Managing-Director for Africa Department, European External Action Service, EU.

    “The agenda of the meeting is expected to entail wide-ranging discussions that would focus on various aspects of the Nigeria – EU partnership.

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    “This includes cooperation on multilateral and regional issues, peace, Security, and governance, humanitarian situation, trade and investment, human development: health, education and social protection.

    “Also are science, technology, innovation and digital transition, migration, energy, climate change and green economy transition among others.

    “Nigeria and the EU share a deep, long-standing partnership inspired by mutual values and interests, as well as support for multilateralism and rule-based international order.”

    (NAN)