President Bola Tinubu has commended the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi.
This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Monday in Abuja.
Tinubu described the agreement as a major industrial and trade breakthrough arising from renewed Nigeria–UAE engagement under his administration.
He said the MoU represents a tangible dividend of strengthened diplomatic ties and expanding economic cooperation following his recent state visits and high-level engagements with UAE leaders.
The president said the engagements prioritised trade, investment, infrastructure development, and food security.
According to him, the MoU explores collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions.
He said sugar refining and advanced logistics infrastructure would be developed in the UAE to enhance value addition, strengthen supply chain resilience, and deepen structured trade flows between West Africa and the Gulf region.
Tinubu said the partnership demonstrates growing international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialisation.
“Strategic diplomacy must translate into measurable economic gains,” he said.
“This partnership reflects the renewed momentum in Nigeria–UAE relations and our determination to position Nigeria as a competitive industrial and trading nation.”
The president also commended the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, for sustained investments in the Nigerian economy.
Tinubu reaffirmed his administration’s commitment to deepening bilateral economic partnerships that attract investment, expand exports, strengthen Nigerian enterprise, and deliver sustainable prosperity.
