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Tinubu Secures Historic UAE Deal & $30bn Climate Goal

Nuus Editor

ABUJA — President Bola Ahmed Tinubu has touched down in Nigeria following a high-stakes diplomatic mission to the United Arab Emirates, where he secured a landmark Comprehensive Economic Partnership Agreement (CEPA) and unveiled ambitious financial targets for the nation’s green economy.

The President, accompanied by key ministers, arrived on Saturday after participating in the 2026 Abu Dhabi Sustainability Week (ADSW2026). The trip marks a significant turning point in Nigeria-UAE relations, delivering concrete economic frameworks rather than mere diplomatic pleasantries.

The CEPA Breakthrough

The highlight of the visit remains the signing of the CEPA, a deal that tears down trade barriers between the two nations.

This agreement aggressively expands collaboration across critical sectors. It prioritizes:

  • Energy & Infrastructure: Unlocking capital for power projects and transport networks.
  • Mining & Agriculture: Boosting export capacity and processing capabilities.
  • Technology Transfer: accelerating the adoption of advanced UAE tech solutions in Nigeria.

Lagos to Host Global Investors in February

In a move to fast-track foreign direct investment, President Tinubu announced that Lagos will host a joint Nigeria-UAE “INVESTOPIA” this February.

The President positioned this initiative as a magnet for global capital. “We are bringing the world’s investors to Lagos,” Tinubu declared. The summit will serve as a direct marketplace for international investors to access Nigeria’s emerging opportunities without bureaucratic hurdles.

Chasing a $30 Billion Green Target

Addressing the global summit, President Tinubu did not mince words about Nigeria’s financial needs for the energy transition. He set a bold target to mobilize $30 billion annually in climate and green industrial finance.

The President emphasized that this capital will fuel:

  • Accelerated energy transition reforms.
  • Expansion of nationwide electricity access.
  • Development of green industrial zones.

Bayo Onanuga, Special Adviser to the President on Information & Strategy, confirmed that the President and his team have fully resumed duties in Abuja, with implementation of the signed agreements commencing immediately.