Nigeria, UAE Sign Landmark Trade Deal

President Bola Tinubu has welcomed the signing of the Nigeria–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), describing it as a transformative step that will open duty-free access for thousands of Nigerian products into the UAE. The agreement eliminates tariffs on 7,000 products and grants Nigerian businesses access to 108 service sectors in the UAE. Nigeria will immediately eliminate tariffs on 3,949 products, with a further 2,294 products seeing tariffs eliminated over a five-year period. The UAE will immediately eliminate tariffs on 2,805 products, with 1,468 products having tariffs removed within three years and 3,042 products over five years. The deal supports Nigeria's industrialisation and diversification goals, strengthening the country's position as a gateway for trade and investment into Africa. Will this agreement boost Nigerian exports and attract more UAE investment into the country?

SOURCE: https://nairametrics.com/2026/01/13/tinubu-uae-trade-deal-expands-opportunities-for-nigerian/