The Federal Government of Nigeria has signed eight partnership agreements with the United Kingdom, valued at approximately N589 billion (£272.6 million), aimed at bolstering governance, addressing climate change, enhancing education, improving health systems, and boosting economic growth. The agreements were signed yesterday in Abuja by Senator Abubakar Bagudu, Nigeria’s Minister of Budget and Economic Planning, and the UK’s Charge d’Affaires, Ms. Cynthia Rowe.
During the ceremony, Bagudu expressed deep appreciation for the UK’s continued support, describing the agreements as a significant gesture of friendship and collaboration. He noted that the timing of the agreements was particularly critical, as many global economies, including both Nigeria and the UK, are facing economic challenges due to turbulent global conditions.
“Many economies in the world are going through turbulent times, and Nigeria and the UK are not exceptions,” Bagudu remarked. He praised the UK’s resilience and its commitment to extending support to other nations despite its own economic difficulties. He emphasized that these agreements reflect the true spirit of partnership, where both countries collaborate to address shared challenges.
The minister further highlighted that the agreements extend beyond Nigeria, as some deal with global issues such as climate change, which have wide-reaching implications. This international collaboration underscores the importance of addressing challenges that transcend borders, offering solutions that could benefit not just Nigeria, but the wider region and global community.
Ms. Cynthia Rowe, speaking on behalf of the UK, reiterated her country’s commitment to continuing its long-standing relationship with Nigeria. She emphasized that these agreements represent a crucial step in advancing both countries’ shared goals in areas of mutual concern, such as climate action and economic development.
The signing of the agreements marks a significant milestone in Nigeria-UK relations, fostering stronger ties and creating pathways for progress across critical sectors. Both countries are expected to see the benefits of this collaboration as implementation rolls out in the coming months.
