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Nigeria, Brazil seek ties on food security, direct flight

Credible News by Credible News
February 18, 2024
in Development, Economy, Global Trade, News
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Nigeria and Brazil have agreed to strengthen bilateral ties after President Bola Tinubu and President  Luiz Inacio Lula da Silva met in Addis Ababa, Ethiopia on Sunday. 

President Lula da Silva, while assessing Nigeria’s natural and human resource wealth akin to Brazil’s, said Africa’s largest economy and South America’s largest economy have a long and interesting history together.

The Brazilian leader said Nigeria and Brazil once had a trade volume of more than $10 billion in the past, which has now plummeted to $1.6 billion, emphasizing that he is determined to strengthen bilateral relations.

The president further called for direct flights between Nigeria and Brazil, reiterating his commitment to improving the nation’s relations with Nigeria.

He said: “Nigeria and Brazil need stronger relations from the academic viewpoint; from the cultural viewpoint; from the commercial viewpoint; from the agricultural viewpoint; from the industrial relations viewpoint, and from trade relations viewpoint.

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Nigeria open to talks with Guinea, Burkina Faso, Mali, Niger despite coups – Tinubu

“It is meaningless that there are no direct flights from Lagos to Sao Paulo and vice versa. I cannot understand that. We have to sit at a table and find a solution for that. In aviation, there are many areas of potential collaboration with our manufacturers who seek to have a greater presence in Africa.

“I only have three more years left of my term, Your Excellency, to do everything I have not done yet. The time is very short. I am in a hurry to make my contributions to improve these relations with Nigeria. To make this happen, we have to put our ministers to work.”

Responding, President Tinubu said Nigeria is ready to deepen ties with Brazil, noting that it is a “legacy of what can be done together to change the future for countless millions of our citizens”.

Tinubu, according to a statement issued by his spokesman, Ajuri Ngelale, said: “I agree that our countries must now have direct air links. I will form a committee of cabinet members who will work directly with your cabinet ministers, and they will urgently form a joint plan of action for the benefit of our two great countries. We may have missed opportunities in the past, but we now look ahead.

“Brazil and Nigeria share similarities. Let us forget old mistakes. The phenomenal growth achieved by Brazil in agriculture is exemplary. We will work with you to mechanise our food production systems to enhance quality and quantity of output. I will work with you to re-energize Nigeria’s relations with Brazil across the board.”

Tinubu emphasised the strength of Nigeria’s economic potential and influence, saying the country is witnessing a leap forward, despite some short-term reform pains, as his administration is removing all encumbrances to business.

The president further explained that his administration is investing in critical sectors of the economy like healthcare, education, and agriculture to ensure the welfare of all Nigerians and to create sustainable economic prosperity for future generations.

Tags: Addis AbabaAU SummitBilateral TiesEthiopiaPresident Bola Ahmed TinubuPresident Luiz Inacio Lula da Silva
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