Nigeria’s President Bola Tinubu and French President Emmanuel Macron signed two key agreements in Paris, solidifying a partnership to develop critical infrastructure and ensure long-term agriculture and food security. The agreements were signed during an economic forum at the Palais des Élysée, attended by business leaders, industry captains, state governors, and top officials from both countries.
The agreements include a financial and technical assistance package worth over €300m, which will be distributed across all of Nigeria’s geopolitical zones. The package focuses on investments in critical sectors such as healthcare, transportation, agriculture, renewable energy, and human capital development.
Additionally, the United Bank for Africa (UBA) and Zenith Bank launched their services in France, marking a significant milestone in the countries’ economic cooperation. The French Development Agency (AFD) also pledged to support Nigeria’s Renewed Hope Agenda reforms, focusing on sustainable projects in urban infrastructure, transportation networks, housing, education, agriculture, food security, and healthcare.
President Tinubu reiterated Nigeria’s commitment to enhancing cooperation in food security, energy, solid minerals, education, and defense during a joint press conference with President Macron. The events marked a significant milestone during President Tinubu’s three-day state visit to France.
