By Onoja Baba, Nigeria
President Bola Ahmed Tinubu has described the signing of a strategic Memorandum of Understanding between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIRE Group in Abu Dhabi as a significant industrial and trade breakthrough crediting it to renewed Nigeria-UAE engagement under his administration.
In a statement issued by Special Adviser to the President on Information and Strategy Bayo Onanuga on Monday, President Tinubu said the agreement represents tangible dividends from his recent state visits and high-level engagements with the UAE leadership which prioritised trade investment infrastructure and food security.
The MoU focuses on collaboration in sugar refining agro agro-industrial development and integrated global logistics solutions with key facilities for sugar refining and advanced logistics infrastructure to be developed in the UAE.
The partnership is expected to enhance value addition strengthen supply chain resilience and deepen structured trade flows between West Africa and the Gulf region.
The President noted that the deal demonstrates growing international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialisation.
He highlighted the strength and maturity of Nigerian enterprises stating that BUA Group’s established industrial base including integrated food processing operations and substantial investments in port infrastructure upgrades provides a solid foundation for expanded global trade integration.
President Tinubu commended BUA Group Chairman Alhaji Abdul Samad Rabiu for his continued belief and investment in the Nigerian economy saying he has shown the world that Nigerian companies can compete and form strategic alliances on the global stage.
Strategic diplomacy must translate into measurable economic gains the President 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.
He reaffirmed his administration’s commitment to deepening bilateral economic partnerships that attract investment expand exports strengthen Nigerian enterprise and deliver sustainable prosperi
ty for the country.
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