Skip to content
July 8, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

Watch Online
  • Home
  • Business & Economy
  • Tinubu excited as BUA Group inks MoU with Abu Dhabi Ports, Mair Group 
  • Business & Economy

Tinubu excited as BUA Group inks MoU with Abu Dhabi Ports, Mair Group 

Admin February 16, 2026

 

President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi.

He described the MoU as a significant industrial and trade breakthrough arising from renewed Nigeria–UAE engagement under his administration.

The President said the agreement represents a tangible dividend of strengthened diplomatic ties and expanding economic cooperation following his recent state visits and high-level engagements with the leadership of the United Arab Emirates, which prioritised trade, investment, infrastructure, and food security.

The MoU explores collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions, with sugar refining and advanced logistics infrastructure to be developed in the UAE. The initiative is expected to enhance value addition, strengthen supply chain resilience, and deepen structured trade flows between West Africa and the Gulf region.

President Tinubu noted that the partnership demonstrates growing international confidence in Nigeria’s reform agenda and reinforces the country’s commitment to export-led industrialisation.

He further stated that the agreement reflects the strength and maturity of Nigerian enterprises capable of competing globally and forming strategic alliances with leading international partners.

“Strategic diplomacy must translate into measurable economic gains,” President Tinubu said. “This partnership reflects the renewed momentum in Nigeria–UAE relations and our determination to position Nigeria as a competitive industrial and trading nation, while empowering Nigerian businesses to operate confidently on the global stage.”

The President also observed that BUA Group’s established industrial base in Nigeria, including its integrated food processing operations and substantial investments in port infrastructure upgrades, provides a strong foundation for expanded international trade integration.

“I must also commend the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, who continues to believe and invest in various sectors of the Nigerian economy, and has shown the world that Nigerian companies are capable of playing on the global stage.”

President Tinubu reaffirmed his administration’s commitment to deepening bilateral economic partnerships that attract investment, expand exports, strengthen Nigerian enterprise, and deliver sustainable prosperity for the country.
 

Tags: Abu Dhabi AD Ports Group Bola Tinubu BUA Group Mair Group MoU

Post navigation

Previous Budget: Senate wants North-Central Development Commission to prioritise investments in agriculture
Next Alleged cybercrime: DSS slams El-Rufai with 3 count criminal charge

Related Stories

How Tech Multinationals HPE, IBM Undermine Nigeria’s Digital Ambition, By Ola Adegbite
  • Business & Economy

How Tech Multinationals HPE, IBM Undermine Nigeria’s Digital Ambition, By Ola Adegbite

July 8, 2026
Tinubu directs FCCPC to investigate Big Techs over alleged Nigeria media exploitation
  • Business & Economy

Tinubu directs FCCPC to investigate Big Techs over alleged Nigeria media exploitation

July 6, 2026
Shettima, Okonjo-Iweala, Lumumba, Brazilian, Chinese investors for Delta Summit
  • Business & Economy

Shettima, Okonjo-Iweala, Lumumba, Brazilian, Chinese investors for Delta Summit

July 6, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

The opaque ‘reintegration’ of insurgents, by Pius Mordi Terrorists in Sambisa forest
  • Commentaries

The opaque ‘reintegration’ of insurgents, by Pius Mordi

July 8, 2026
How Tech Multinationals HPE, IBM Undermine Nigeria’s Digital Ambition, By Ola Adegbite
  • Business & Economy

How Tech Multinationals HPE, IBM Undermine Nigeria’s Digital Ambition, By Ola Adegbite

July 8, 2026
The Ideological Chasm Between Obi and Umahi, by Valentine Obienyem
  • Commentaries

The Ideological Chasm Between Obi and Umahi, by Valentine Obienyem

July 6, 2026
Matawalle is right, Tinubu will sweep the north, by Jack Okude
  • Politics

Matawalle is right, Tinubu will sweep the north, by Jack Okude

July 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.