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Tinubu Insists Nigeria, UK Must Nurture Trade, Economic Relationship As Both Seal £746m Ports Deal

Tinubu urges stronger Nigeria-UK economic ties as both countries sign £746m deal to modernise Lagos ports infrastructure.

President Bola Tinubu has called for deeper trade and economic cooperation between Nigeria and the United Kingdom, stressing the need to build on longstanding bilateral relations.
Tinubu made the call during a meeting with UK Prime Minister Keir Starmer at 10 Downing Street, as part of his ongoing state visit.

Describing the visit—the first by a Nigerian leader to the UK in 37 years—as “very thrilling and significant,” Tinubu said both nations must strengthen collaboration in trade, investment, and economic development.

“We cannot forget the institutional development we have enjoyed over the years,” he said, noting that discussions covered trade, the economy, climate change, terrorism, and broader global challenges.

The President acknowledged global economic pressures, stating that Nigeria is not immune to worldwide challenges but remains focused on reforms aimed at improving citizens’ welfare.
“Currently, the entire world is challenged. Nigeria is not immune… My reaction is the economy and the welfare of the people and how we should work together,” he added.

In his remarks, Starmer described the visit as historic and reaffirmed the UK’s commitment to strengthening ties with Nigeria, highlighting strong cooperation in areas such as defence, security, and economic engagement.

He also pointed to growing people-to-people connections between both countries as a key pillar of the relationship.

At Lancaster House, Tinubu and the First Lady, Senator Oluremi Tinubu, witnessed the signing of a £746 million agreement to modernise infrastructure at the Apapa and Tin Can Island ports in Lagos.

The agreement was signed on Nigeria’s behalf by Wale Edun, while Blair McDougall signed for the British government.

Edun said the deal aligns with Nigeria’s priorities in infrastructure, energy, and industrial development, noting that such partnerships are crucial for attracting investment, creating jobs, and reducing poverty.

He added that the agreement reflects growing mutual trust and confidence between both nations, as well as a shared commitment to delivering tangible economic outcomes.

Deji Elumoye

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