The Federal Government is set to sign over 30 Memoranda of Understanding (MoUs), as Nigeria prepares to host the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM) scheduled to begin on Monday, June 23, 2025.
Agriculture, energy, defence, the creative economy and innovation are among the key sectors driving this new investment initiative. The three-day event provides the platform for the Federal Government to tap into new investment flows, facilitate technical cooperation and open pathways for enhanced strategic engagements for businesses.
This was disclosed yesterday by the Deputy Chief of Staff to the President (Office of the Vice President), Sen. Ibrahim Hadejia, at a press conference on the planned visit of the Vice President of Brazil, Geraldo Alckmin, to Nigeria.
He said the visit of the Brazilian delegation was a landmark event in Nigeria’s international diplomacy and a strategic platform for deepening bilateral relations between the two influential regional powers.
According to Hadejia, the session is particularly significant as it aligns seamlessly with President Tinubu’s Renewed Hope Agenda, which emphasises economic revitalisation, global partnerships and the repositioning of Nigeria on the world stage.
In her remarks, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said the bilateral dialogue, first established in 2013, had gained significant traction following the President’s official visit to Brazil in late 2024. She added that Brazil’s expertise in digital inclusion and Nigeria’s dynamic fintech ecosystem offered powerful synergies for scalable innovation.
Also speaking, Minister of Agriculture and Food Security, Abubakar Kyari, said Nigeria and Brazil had held discussions to enhance agricultural productivity in Nigeria and Memoranda of Understanding (MoUs) in key areas such as research and development in animal genetics, soya beans production and related areas endorsed under the SDM.
On her part, the Minister of Arts, Culture and Creative Economy, Hajiya Hannatu Musawa, said the ministry would leverage the shared cultural heritage between both countries to transform the Afro-Atlantic cooperation and impact the creative and tourism industry in Nigeria.
Also, the Director of Regions at the Ministry of Foreign Affairs and representative of the Foreign Minister, Ambassador Janet Olisa, said the meeting would advance economic diplomacy between the two nations, with a strong emphasis on trade, agriculture, digital innovation and private sector collaboration.
The Technical Assistant to the President on Agriculture and Executive Secretary of the Presidential Food Systems Coordinating Unit, Marion Moon, noted that planning had extended beyond the national level to involve states and the private sector.
