August 8, 2025 – Nigeria is taking significant steps to strengthen its position in the global economy as the Minister of Trade and Investment, Dr. Jumoke Oduwole, hosted high-level diplomatic envoys from the Netherlands, Russia, Mexico, and China at the Ministry’s headquarters in Abuja.
The meeting aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which places international cooperation at the core of the country’s economic transformation strategy.
The roundtable discussions focused on boosting bilateral relations and creating new avenues for collaboration in key sectors. Topics included trade facilitation, investment promotion, technology transfer, infrastructure development, and capacity building.
In line with President Tinubu’s economic diplomacy agenda, the Ministry reaffirmed Nigeria’s commitment to:
i. Creating a competitive and investor-friendly business environment
ii. Encouraging innovation and entrepreneurship across sectors
iii. Driving inclusive economic growth through strategic partnerships
iv. Building a globally integrated and efficient trade ecosystem
Dr. Oduwole stated that under the current administration, Nigeria is working toward sustainable growth through global partnerships that extend beyond financial investments.
“Our collaborations focus on skills transfer, infrastructure development, and technology adoption, which are critical for positioning Nigeria as a key player in the global economy,” she said.
The envoys from the four nations expressed strong support for Nigeria’s reform-driven economic policies. They highlighted the country’s progress in policy reforms and showed readiness to deepen cooperation in essential sectors, including:
i. Energy
ii. Agriculture
iii. Manufacturing
iv. Digital economy
They praised Nigeria’s bold policy moves and reaffirmed their countries’ dedication to building partnerships that will foster long-term development.
The meeting ended with an agreement to hold further consultations aimed at creating actionable frameworks for cooperation. These steps are designed to attract investments, increase market access, and strengthen long-term diplomatic and trade relations.
This high-level engagement highlights Nigeria’s growing profile as a reliable global economic partner. It reflects President Tinubu’s dedication to building impactful international alliances that will stimulate national development, create employment opportunities, and promote shared prosperity for Nigerians.
According to trade officials, the outcome of this meeting is expected to lead to concrete economic benefits, as discussions move toward implementation in the coming months.
