Tinubu seals UAE CEPA, targets $30bn green finance
Tinubu seals UAE CEPA, targets $30bn green finance
President Bola Tinubu returned to Nigeria on Saturday after leading a high-powered delegation to the 2026 Abu Dhabi Sustainability Week (ADSW 2026), where the country inked a landmark Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE). Tinubu had been away since December 28, 2025, travelling first to Europe before proceeding to Abu Dhabi for the meeting.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, confirmed the developments in a statement.
The deal, signed on the sidelines of the summit, promises to boost Nigeria’s economy by deepening ties in trade, investment, technology transfer, and critical sectors such as energy, infrastructure, agriculture, mining, and renewables.
On the sidelines of the summit, Nigeria signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE).
The agreement aims to deepen economic cooperation, boost bilateral trade and investment, enhance technology transfer, and expand collaboration across key sectors, including energy, infrastructure, agriculture, mining, and renewable energy.
In his address, President Tinubu announced that a joint Nigeria–United Arab Emirates (UAE) INVESTOPIA will be held in Lagos in February.
President Tinubu also told the summit that Nigeria aims to mobilise up to $30 billion annually in climate and green industrial finance as it accelerates energy transition reforms and expands nationwide electricity access.
