Categories: News

Tinubu returns from Abu Dhabi, signs economic partnership with UAE

President Bola Ahmed Tinubu has returned to Nigeria following his participation, alongside some members of his cabinet, in the 2026 Abu Dhabi Sustainability Week (ADSW2026) held in the United Arab Emirates.

During the high-level summit, Nigeria signed a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, aimed at strengthening economic ties between both countries.

The agreement is expected to deepen bilateral trade and investment, enhance technology transfer, and expand cooperation in critical sectors such as energy, infrastructure, agriculture, mining and renewable energy.

Speaking at the summit, President Tinubu announced that Nigeria and the UAE will jointly host an INVESTOPIA forum in Lagos in February.

The initiative is designed to attract global investors and showcase Nigeria’s investment opportunities.

The President also reaffirmed Nigeria’s commitment to climate action, disclosing that the country plans to mobilise up to 30 billion dollars annually in climate and green industrial financing.

He said the funds would support Nigeria’s ongoing energy transition reforms and efforts to expand electricity access nationwide.

The participation of Nigeria at ADSW2026 underscores the administration’s focus on sustainable development, foreign investment attraction and international economic partnerships.

The President has since returned to the country after concluding his official engagements in Abu Dhabi.

LUKMAN ABDULMALIK

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