President Bola Tinubu has praised a new industrial partnership between Nigeria’s BUA Group and firms based in the United Arab Emirates.
The agreement involves AD Ports Group and MAIR Group, signed in Abu Dhabi.
President Tinubu described the Memorandum of Understanding as a major trade and industrial breakthrough for Nigeria.
He said the deal reflects the benefits of renewed diplomatic and economic engagement between Nigeria and the UAE.
The President noted that recent high-level meetings helped prioritise trade, investment, infrastructure and food security cooperation.
The MoU focuses on sugar refining, agro-industrial development and integrated global logistics solutions.
Under the agreement, sugar refining and logistics infrastructure will be developed in the United Arab Emirates.
Tinubu said the initiative will boost value addition and strengthen supply chains between West Africa and the Gulf region.
He stated that the partnership shows rising global confidence in Nigeria’s reform and export-driven industrial strategy.
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The President added that Nigerian companies are increasingly forming strategic alliances with international partners.
He said diplomacy must translate into practical economic gains for businesses and citizens.
Tinubu praised Abdul Samad Rabiu for investing consistently in Nigeria’s industrial and food processing sectors.
He noted that BUA’s investments in port infrastructure support stronger international trade integration.
The President reaffirmed his administration’s commitment to expanding exports and attracting foreign investment.
He said Nigeria will continue building global partnerships that promote industrial growth and national prosperity.
