Tinubu Hails Nigeria–UAE Industrial Breakthrough as BUA Signs Strategic MoU in Abu Dhabi
President has welcomed a landmark industrial agreement between Nigeria’s and two United Arab Emirates-based firms, and , describing it as a major breakthrough in Nigeria–UAE economic relations.
The Memorandum of Understanding (MoU), signed in Abu Dhabi, signals deepening trade and industrial collaboration between Nigeria and the UAE. President Tinubu said the agreement reflects the tangible outcomes of renewed diplomatic engagement between both countries under his administration.
The Special Adviser to the president on Information and Strategy, Bayo Onanuga disclosed this in a statement on Monday.
According to the President, the deal builds on high-level engagements and recent state visits focused on expanding cooperation in trade, investment, infrastructure, and food security. He noted that strategic diplomacy must deliver measurable economic gains, adding that the MoU underscores Nigeria’s commitment to export-led industrialisation and global competitiveness.
The agreement explores collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions. Plans include the development of advanced sugar refining and logistics infrastructure in the UAE, aimed at enhancing value addition, strengthening supply chain resilience, and promoting structured trade flows between West Africa and the Gulf region.
President Tinubu said the partnership demonstrates growing international confidence in Nigeria’s reform agenda and highlights the increasing capacity of Nigerian companies to form strategic alliances with leading global players.
“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 stated.
He also commended the Chairman of BUA Group, , for his sustained investments across key sectors of the Nigerian economy. The President noted that BUA’s established industrial base — including integrated food processing operations and investments in port infrastructure upgrades — provides a solid platform for expanded international trade integration.
President Tinubu reaffirmed his administration’s resolve to strengthen bilateral economic partnerships that attract foreign investment, boost exports, enhance Nigerian enterprise, and deliver sustainable prosperity.
The MoU is seen as a significant step in consolidating economic ties between Nigeria and the United Arab Emirates, reinforcing both nations’ shared commitment to industrial growth and global trade expansion.
