Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi.

He described the MoU as a significant industrial and trade breakthrough arising from renewed Nigeria–UAE engagement under his administration.

The President said the agreement represents a tangible dividend of strengthened diplomatic ties and expanding economic cooperation following his recent state visits and high-level engagements with the leadership of the United Arab Emirates, which prioritised trade, investment, infrastructure, and food security.

The MoU explores collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions, with sugar refining and advanced logistics infrastructure to be developed in the UAE. The initiative is expected to enhance value addition, strengthen supply chain resilience, and deepen structured trade flows between West Africa and the Gulf region.

President Tinubu noted that the partnership demonstrates growing international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialisation.

He further stated that the agreement reflects the strength and maturity of Nigerian enterprises capable of competing globally and forming strategic alliances with leading international partners.

“Strategic diplomacy must translate into measurable economic gains,” President Tinubu said. “This partnership reflects the renewed momentum in Nigeria–UAE relations and our determination to position Nigeria as a competitive industrial and trading nation, while empowering Nigerian businesses to operate confidently on the global stage.”

The President also observed that BUA Group’s established industrial base in Nigeria, including its integrated food processing operations and substantial investments in port infrastructure upgrades, provides a strong foundation for expanded international trade integration.

“I must also commend the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, who continues to believe and invest in various sectors of the Nigerian economy, and has shown the world that Nigerian companies are capable of playing on the global stage.”

President Tinubu reaffirmed his administration’s commitment to deepening bilateral economic partnerships that attract investment, expand exports, strengthen Nigerian enterprise, and deliver sustainable prosperity for the country.

Hot this week

NCC Chief, Aminu Maida, Tasks Staff, Stakeholders on Service Excellence on CSW 2026

Address by Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications...

NGX Hails AIHN on 30th Anniversary, Seeks Partnership to Drive Capital Market Growth

GOODWILL MESSAGE BY ALHAJI (DR.) UMARU KWAIRANGA, GROUP CHAIRMAN,...

Stanbic IBTC Champions Equitable Climate Transition at Sustainable Finance Summit 3.0

Stanbic IBTC Holdings, A member of Standard Bank Group...

CBN Inks Innovation MoU with GFTN, Convenes Nigeria–Asia Financial Connectivity Dialogue

En route to the IMF–World Bank Annual Meetings in...

Fuel Discount for 30 Days: Opposition Parties Claim Victory over Tinubu

Opposition parties in Nigeria have claimed victory over the...

Topics

Life Insurance Explained: Why Staying the Course Matters More Than Early Withdrawal

In response to recent media inquiries highlighting common misconceptions...

NCC Alerts Telecom Consumers on Flubot Malware

The Nigerian Communications Commission (NCC) wishes to alert millions...

Leadway Assurance Mobile Office to Deepen Penetration

Leadway Assurance Company Limited has launched its mobile office...

Ukraine’s Economy to Shrink by 50% in 2022-World Bank

Ukrainian refugees on Lviv railway station waiting for train...

2025 Almond Insurance Industry Awards Holds Friday, Nov 7 in Lagos

All is now set for the 2025 Almond Insurance...

FG Commends Indorama on Cheap Fertilizers for Farmers

The Presidential Committee on Fertilizer Initiative (PCFI) has expressed...

The NGX Engagement with Hong Kong Exchanges to Deepen Cross-Border Partnership

Dr. Umaru Kwairanga, the Group Chairman, Nigerian Exchange Group...