The Federal Government of Nigeria is strengthening its economic and security ties with Israel to unlock new opportunities for Micro, Small, and Medium Enterprises (MSMEs) across multiple sectors.
The agreement was sealed in Abuja during a meeting between Nigeria’s Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, and her Israeli counterpart. Both nations committed to deeper collaboration in trade, agriculture, health, education, technology, and entertainment, with plans to establish a joint commission as a formal platform for sustained cooperation.
Israel, whose trade volume with Nigeria currently stands at $250 million, signalled readiness to expand economic engagement by providing Nigerian entrepreneurs with access to new markets, investment avenues, and capacity-building programmes.
The deal also includes provisions for intelligence sharing and counter-terrorism measures to improve the security environment for businesses. Odumegwu-Ojukwu said the partnership aligns with Nigeria’s strategy of leveraging global alliances to drive innovation and inclusive growth, especially in high-growth industries.
With the joint commission set to begin work soon, the two nations aim to open value chains that will benefit MSMEs, from agritech startups to producers in the creative sector.
