Home News Tinubu Returns from Abu Dhabi Summit, As Nigeria Inks Landmark Economic Deal with UAE

Tinubu Returns from Abu Dhabi Summit, As Nigeria Inks Landmark Economic Deal with UAE

by Editor

By Chibuike Nwabuko

ABUJA (PRECISE POST)  –   President Bola Tinubu has returned to Nigeria following his participation, alongside key members of his cabinet, in the 2026 Abu Dhabi Sustainability Week (ADSW 2026), where Nigeria recorded significant diplomatic and economic gains.
On the sidelines of the high-level global summit, Nigeria signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), a move expected to substantially deepen economic relations between both countries.
The agreement is designed to boost bilateral trade and investment, facilitate technology transfer, and expand collaboration in critical sectors such as energy, infrastructure, agriculture, mining, and renewable energy.

According to the statement released on his X handle by the Special Adviser to the President (Information & Strategy) Bayo Onanuga, speaking at the summit, President Tinubu announced that Nigeria will host a joint Nigeria–UAE INVESTOPIA in Lagos in February. The initiative, he said, is aimed at attracting global investors and positioning Nigeria as a prime destination for sustainable and long-term investments.
The President also reaffirmed Nigeria’s commitment to climate action and energy transition, disclosing plans to mobilise up to $30 billion annually in climate and green industrial financing. According to him, the funds will support ongoing energy transition reforms and efforts to expand electricity access across the country.
Nigeria’s participation at ADSW 2026 underscores the Tinubu administration’s focus on leveraging international partnerships to drive sustainable development, economic growth, and energy security.
Bayo Onanuga
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