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Home Business news

Nigeria, Brazil to Sign Key Deals on Direct Flights and Livestock Investments

Victoria Emeto by Victoria Emeto
August 25, 2025
in Business news
0
Nigeria, Brazil to Sign Key Deals on Direct Flights and Livestock Investments

Nigeria and Brazil are set to sign crucial business agreements between today and tomorrow, focusing on direct flights and livestock sector investments, in a move expected to boost trade and connectivity between both nations.

The agreements form part of the Green Imperative Partnership (GIP), an agricultural cooperation framework projected to create over 100,000 direct jobs and more than five million indirect jobs when fully implemented.

President Bola Ahmed Tinubu is currently on a two-day state visit to Brazil, at the invitation of President Luiz Inácio Lula da Silva, to strengthen bilateral ties and expand economic opportunities.

This marks President Tinubu’s third visit to Brazil in the past year, and the most strategic so far. His first visit was for the G-20 meeting on November 18–19, 2024, while the second was as an observer at the BRICS Summit on July 6–7, 2025.

In June, Brazil’s Vice President Geraldo Alckmin visited Nigeria and signed preliminary agreements with Vice President Kashim Shettima, paving the way for this latest round of discussions.

President Tinubu arrived in Brasilia from Japan, where he participated in the Tokyo International Conference on African Development (TICAD), underscoring Nigeria’s push for stronger global trade alliances.

Analysts say the direct flight agreement will not only enhance people-to-people connectivity but also reduce logistics costs for businesses, while agricultural cooperation could boost food security and rural development in Nigeria.

Tags: #GreenImperative#InvestmentOpportunities#NigeriaBrazilRelations#TradeAgreements
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