Nigeria-Brazil Ties: Tinubu’s State Visit Expected to Open New Trade and Investment Windows

Tinubu

President Bola Ahmed Tinubu is set to embark on a two-day official visit to Brazil, a move the Presidency has described as a strategic leap aimed at reinforcing Nigeria’s economy through deeper global collaborations.

According to Mr. Sunday Dare, Special Adviser to the President on Media and Public Communications, the visit underscores Tinubu’s deliberate approach to diversifying Nigeria’s economic partnerships, especially with emerging powers. Speaking in Brasilia, he said the trip is designed to cement Nigeria’s place in Latin America’s economic network.

President Luiz Inácio Lula da Silva extended the invitation, and Tinubu will arrive in Brazil on Monday to hold high-level bilateral discussions. Dare described the trip as more than a diplomatic courtesy, calling it a continuation of efforts first initiated under former President Olusegun Obasanjo more than two decades ago.

“Yes, this is the third visit of President Tinubu to Brazil, and it is with a justifiable cause. It reflects a renewed and focused effort to build lasting economic integration between our countries. This is a journey that started 21 years ago under President Olusegun Obasanjo and has gained fresh momentum under President Tinubu,” Dare noted.

He emphasized the commonalities between Nigeria and Brazil, citing demographic size, economic structures, and cultural affinity. He highlighted Brazil’s excellence in agribusiness and renewable energy as key areas where Nigeria intends to benefit.

“Brazil has a cattle herd of 238 million, even more than its human population. This success in agribusiness offers valuable lessons as we expand our livestock industry,” he added.

While Tinubu has previously traveled to Brazil to participate in multilateral forums such as the G20 and BRICS summits, this visit is unique. It marks a pivot toward direct bilateral agreements, with a focus on aviation, trade, livestock development, and strategic investments.

“This third visit is a state visit, moving Nigeria from being a dialogue partner to actively cutting deals that will open up investments and strengthen cooperation,” Dare stressed. “It’s about transforming historic and cultural ties into practical, mutually beneficial investments that will boost Nigeria’s growth and global standing.”

Frontpagenews.ng reports that the state visit is part of Tinubu’s ongoing two-nation tour, which commenced in Japan, where he joined world leaders for the Ninth Tokyo International Conference on African Development (TICAD9).

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