The Federal Government (FG) is poised to sign more than 30 Memoranda of Understanding (MoUs) as the second Nigeria-Brazil Strategic Dialogue Mechanism (SDM) kicks off in Abuja on Monday, 23 June 2025.
The high-level engagement, centred on agriculture, energy, defence, innovation, the creative economy, and other strategic sectors, aims to drive investment, deepen bilateral cooperation, and expand Nigeria’s global partnerships under President Bola Tinubu’s Renewed Hope Agenda.
Speaking at a press conference on Wednesday at the Presidential Villa, Deputy Chief of Staff to the President (Office of the Vice President), Ibrahim Hadejia, described the visit of Brazilian Vice President Geraldo Alckmin as a landmark in Nigeria’s international diplomacy.
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“This session is a strategic platform to unlock new avenues for collaboration and investment. It aligns perfectly with the administration’s commitment to economic revitalisation and global engagement,” Hadejia said.
He added that the three-day event will feature robust discussions across key sectors vital to Nigeria and Brazil’s sustainable development goals.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, noted that the SDM, first established in 2013, had gained renewed momentum following Mr Tinubu’s state visit to Brazil in late 2024.
Oduwole announced that a Nigeria-Brazil Business Forum would be held on 25 June, bringing together government officials and private sector stakeholders to engage over a shared market of more than 400 million consumers.
A key highlight of the forum will be the launch of a Digital Trade Room to foster deeper collaboration in fintech and digital commerce.
“Brazil’s expertise in digital inclusion and Nigeria’s fast-growing fintech sector create powerful opportunities for scalable innovation,” she added.
Nigeria’s Agriculture Minister speaks
The Minister of Agriculture and Food Security, Abubakar Kyari, revealed that both nations have agreed on a series of MoUs focused on agricultural research, particularly in animal genetics and soya bean production.
He confirmed the SDM would also fast-track the implementation of the $4.5 billion Green Imperative Programme, which aims to establish agricultural delivery offices in all 774 local government areas across Nigeria.
In the cultural sector, Minister of Arts, Culture and Creative Economy, Hajiya Hannatu Musawa, expressed optimism that renewed bilateral cooperation would boost Afro-Atlantic cultural ties and open fresh opportunities for Nigeria’s creative and tourism industries.
“These agreements will unlock new opportunities for our creatives, enrich cultural exchange, and drive tourism development,” she said.
Ambassador Janet Olisa, Director of Regions at the Ministry of Foreign Affairs, affirmed that the SDM was focused on enhancing economic diplomacy, with particular attention to trade, agriculture, digital innovation, and private sector-led growth.
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“We’re currently negotiating close to 30 MoUs across a wide range of sectors, some of which will be signed during this visit. Others will be concluded during the President’s future visit to Brazil,” Olisa said.
Also speaking, Marion Moon, Technical Assistant to the President on Agriculture and Executive Secretary of the Presidential Food Systems Coordinating Unit, disclosed that Brazilian investors would be hosted in several states, including Kebbi, Plateau, Lagos, Edo, Nasarawa, and the FCT.
The SDM is being coordinated by the Office of the Vice President and is designed not only as a diplomatic exchange but as a concrete investment platform to deepen South-South cooperation and generate tangible economic results.
