Nigeria and Colombia have signed a historic Memorandum of Understanding on political consultations, marking a new chapter in diplomatic and economic relations between the two nations. The agreement was signed on Monday during the Nigeria–Colombia Bilateral Meeting and Business Forum at the Presidential Villa in Abuja.
The signing was carried out by Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, and Colombia’s Deputy Minister of Multilateral Affairs, Mauricio Jaramillo Jassir. The deal aims to strengthen bilateral relations through consistent political dialogue and deeper cooperation in trade and investment.
Jaramillo Jassir explained that the MOU will promote “very frequent political dialogue” with Nigeria. He added that it also provides for visa approvals for Colombian diplomats, making their visits to Nigeria more convenient and boosting diplomatic ties.
At the business forum, Vice President of Nigeria, Senator Kashim Shettima, emphasized the importance of transforming the shared potential of both countries into real economic progress. He urged the private sectors in Nigeria and Colombia to drive growth through new opportunities, deeper partnerships, and solutions to common challenges.
“We cannot achieve that unless we compare our differences and similarities, as well as our resources and potential. This is a practical way to propel trade and investment, improve agriculture, foster culture, and exchange ideas that will mutually benefit our countries,” Shettima said.
The forum focused on areas such as foreign investment, agriculture, cultural exchange, and trade expansion, highlighting opportunities for long-term development between Nigeria and Colombia.