President Bola Tinubu and French President Emmanuel Macron inked key agreements in Paris to enhance Nigeria’s infrastructure and food security.
The deals also saw Zenith Bank and UBA expand their operations into the French capital, deepening financial ties between the two nations.
In the grandeur of the Palais des Elysée, President Bola Tinubu and French President Emmanuel Macron signed two key agreements that will strengthen Nigeria-France relations.
Specifically, these agreements aim to develop critical infrastructure, enhance healthcare, and ensure long-term agricultural sustainability in Nigeria, with a financial commitment of over €300 million.
As a result, the funds will support projects across Nigeria’s geopolitical zones, promoting renewable energy, human capital development, and trade cooperation between the two nations.
The agreements were signed during an economic forum attended by business leaders, industry experts, and senior government officials from both countries.
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Notably, Nigeria’s Finance Minister, Wale Edun, and French Minister of the Economy, Antoine Armand, signed a Letter of Intent, committing to strategic collaboration, removing fiscal barriers, and protecting labour rights.
In addition, during the visit, Chairman of United Bank for Africa (UBA), Tony Elumelu and Armand signed a landmark agreement to launch UBA’s operations in Paris.
Similarly, Zenith Bank followed by inaugurating its own services in the French capital, further establishing Nigeria’s growing financial presence in Europe.
Moreover, the French Development Agency (AFD) reaffirmed its commitment to support Nigeria’s socio-economic reforms by funding sustainable projects in energy, agriculture, and infrastructure.
Consequently, this partnership will help advance Nigeria’s Renewed Hope Agenda, aimed at strengthening the economy and promoting long-term growth.
With these agreements in place, Nigeria and France will deepen their collaboration and lay the groundwork for a prosperous future based on shared goals and mutual support.