By Olawale Lamina
President Bola Tinubu has met with the United Kingdom Prime Minister Keir Starmer in London, as both countries explored ways of improving bilateral relations and economic cooperation.
A statement by President Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said the Thursday meeting is expected to result in the signing of several Memoranda of Understanding (MoUs) covering trade, investment, defence and cultural partnerships.
Part of the major highlights of the visit include a £746 million financing agreement involving UK Export Finance, the Nigerian Ports Authority and the Federal Ministry of Finance. This is expected to support the rehabilitation of two major maritime facilities, that of the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex, which forms part of efforts to improve the Nigerian transport and trade infrastructure.
The statement by Onanuga noted that the agreement between the two countries underscores Nigeria’s commitment to strengthening relations with the UK thereby attracting foreign investment and promoting infrastructure-driven economic growth.
Recall that President Tinubu and the First Lady were received by King Charles III and Queen Camilla at Windsor Castle as part of the official state visit largely described as historic.
The visit which drew key government functionaries is seen as a strategic push to expand economic partnerships, bolster trade and enhance security and cultural cooperation between Nigeria and the United Kingdom.
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