Overview

• Nigeria and Brazil signed five MoUs covering diplomatic training, political consultations, science and technology cooperation, aviation cooperation, and a finance tie-up between Nigeria’s Bank of Agriculture and Brazil’s BNDES.
• A Bilateral Air Services Agreement was concluded, paving the way for Air Peace to launch a nonstop Lagos–São Paulo route.
• Tinubu said President Lula pledged Petrobras’ reengagement in Nigeria’s oil and gas sector, a commitment that remains to be finalized at the commercial level.
• Both sides moved to revive the $1.1 billion Green Imperative Partnership to boost agri‑mechanisation and support rural employment.
• Leaders highlighted technology transfer, pharmaceuticals, renewable energy and manufacturing as priority areas for expansion, with two‑way trade in 2024 at about $2.1 billion.