President Bola Tinubu and Brazilian President Luiz Inácio Lula da Silva signed five key Memoranda of Understanding (MoUs) in Brasília on Monday to deepen cooperation in aviation, foreign affairs, science and technology, and agriculture.
The agreements, witnessed by both leaders, are designed to accelerate Nigeria’s economic growth and foster stronger bilateral relations.
Speaking during the ceremony, President Tinubu urged Brazilian oil giant Petrobras to resume operations in Nigeria, citing the nation’s vast gas reserves.
“We have the largest deposit of gas. I don’t see why Petrobras will not be back in Nigeria very soon,” he said, emphasizing that the company’s return is crucial to unlocking Nigeria’s energy potential.
Acknowledging previous setbacks in relations, Tinubu called for a reset.
“We’ve allowed past problems and inactivity to hinder progress. Today we say that is the end of that,” he declared.
He described the talks as “emotionally laden and fact-based,” thanking President da Silva for his commitment to renewed partnership. Tinubu highlighted technology transfer, scientific collaboration, and food sovereignty as the pillars of the new alliance, pointing to Brazil’s success in generic drug manufacturing as a model for Nigeria.
The Nigerian leader also underscored the need to strengthen aviation ties to facilitate trade and investment.
On his part, President da Silva reaffirmed Brazil’s commitment to expanding trade, agriculture, and cultural relations with Nigeria. He welcomed the planned direct Lagos–São Paulo flight as a step toward a “cultural renaissance.”
The Brazilian leader also endorsed Nigeria’s bid for G20 membership and a permanent seat on the UN Security Council, praised cooperation in law enforcement, and urged joint climate action ahead of COP 30.
