President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi, describing it as a landmark industrial and trade breakthrough.
The President said the agreement reflects the dividends of strengthened diplomatic ties and expanding economic cooperation following his recent engagements with the leadership of the United Arab Emirates, which prioritized trade, investment, infrastructure, and food security.
The MoU outlines collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions, with sugar refining and advanced logistics infrastructure planned for development in the UAE. According to the Presidency, the initiative is expected to enhance value addition, boost supply chain resilience, and strengthen structured trade flows between West Africa and the Gulf region.
President Tinubu highlighted that the partnership demonstrates growing international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialization. He emphasized that the agreement also reflects the capacity of Nigerian enterprises to compete globally and form 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 further praised BUA Group’s industrial base in Nigeria, including its integrated food processing operations and investments in port infrastructure, as providing a strong foundation for expanded international trade integration. He also commended Alhaji Abdul Samad Rabiu, Chairman of BUA Group, for his continued investments across sectors of the Nigerian economy.
President Tinubu reaffirmed his administration’s commitment to deepening bilateral economic partnerships that attract investment, expand exports, strengthen Nigerian enterprises, and deliver sustainable prosperity for the country.
The MoU with AD Ports and MAIR Group marks a significant step in reinforcing Nigeria–UAE economic collaboration and strengthening regional and global trade linkages.
The Ondo State Police Command has arrested four officers captured in a viral social media…
The management of Confluence University of Science and Technology (CUSTECH), Osara, has expelled two students…
LeBron James has announced his intention to join the Philadelphia 76ers for the final chapter…
The Supreme Court has affirmed the nomination of Ekiti State Governor Abiodun Oyebanji as the…
A Kano State High Court has sentenced Shuaibu Abdulkadir to death by hanging after finding…
The troops of Operation Hadin Kai, in collaboration with the Yobe State Hunters Group, have…
This website uses cookies.