Nigeria is set to host the Canadian Trade Mission in June as several countries are expected to sign Memoranda of Understanding and other bilateral agreements in preparation for the visit.
The Minister of Foreign Affairs of Nigeria, Yusuf Tuggar, is currently in Canada on a working visit, where he is scheduled to meet with top Canadian officials.
This visit aims to strengthen bilateral relations between Nigeria and Canada. The minister’s media aide, Alkasim Abdulkadir, stated that the minister would engage with various critical stakeholders during his visit to Canada.
Also, Abdulkadir mentioned that the Nigerian Minister of Foreign Affairs, Tuggar, had already met with the Canadian Minister of Foreign Affairs, Mélanie Joly.
Tuggar explained that, “Nigeria is Canada’s largest trade partner in Africa and called on both countries to strengthen trade ties, given the ongoing implementation of the AfCFTA.
The statement read partly, “Similarly, the Canadian Minister of Foreign Affairs, Mélanie Joly, stated that Canada is committed to supporting socioeconomic development in Nigeria and the wider region for mutual benefit.
“Both countries resolved to take steps to finalise the outstanding MOUs, including the bilateral Foreign Investment Protection and Promotion Agreement (FIPPA) ahead of the Canadian Trade Mission to Nigeria in June 2024.
“The Ministers also discussed regional security in Africa. Minister Joly lauded Nigeria’s leadership role in the region and offered Canada’s support in strengthening stability and democracy in West Africa. They also agreed to work together on a range of regional and global issues, ranging from seeking peaceful resolutions to conflicts to multilateral reform and countering disinformation. The bilateral engagement represents a significant step forward in the already robust relations between the two countrieal”.
The statement added, “Tuggar also met with th Canada-Africa Parliamentary Association (CAAF) to discuss Canada-Nigeria relations and regional African issues.
“He used the opportunity to explain the 4-D foreign policy thrust and ongoing developments in ECOWAS and the implementation of the AfCFTA. Equally, he met with the Parliamentary Secretary, Robert Oliphant, where he explored avenues for enhanced partnership on multilateral reform, African security, education, healthcare, trade, and investment, particularly in the areas of mining, metals refining, energy, and digital economy. Mr. Oliphant expressed deep appreciation for the visit, stating that it demonstrated the robust relations between the two countries.
“The minister also met with the senior leadership of Carleton University and took a tour of its facilities, including the technology and innovation hub, as well as the Institute for African Affairs. Carleton University has several partnerships with Nigerian universities and is an example of the strong educational cooperation between Nigeria and Canada. He met with the President of the Business Council of Canada (BCC), Goldy Hyder, where they discussed opportunities for enhanced trade and investment, particularly in renewable energy and infrastructure. The BCC is exploring the possibility of visiting Nigeria later this year to follow up on the productive engagement.
“Also, Tuggar met with the Canadian Parliamentary Secretary on Export Promotion, International Trade, and Economic Development, Maninder Sidhu, to expand the bilateral trade relationship between the two countries. Tuggar highlighted the linkages between democracy, stability, and sustainable growth, especially given the emergence of the AfCFTA. The Parliamentary Secretary stated that Canada wants to support Nigeria’s economic development. They also discussed partnerships in the areas of infrastructure, energy, agriculture, technology, and AI.”
