Paris, November 29, 2024 – The Europe Today: Nigerian President Bola Tinubu arrived in France on Thursday for a landmark two-day state visit aimed at deepening economic and diplomatic relations between the two nations. This marks the first official state visit by a Nigerian leader to Paris in over two decades.
President Tinubu was warmly welcomed by French President Emmanuel Macron, who extended a cultural gesture by greeting him in Nigerian Pidgin English on social media:
“Na big honor for France to welcome you for dis state visit.”
Strengthening Economic Partnerships
The visit underscores the importance of Nigeria-France relations, with both leaders participating in the Nigerian-France Business Council meeting at the Elysee Palace. Macron’s office described the visit as an opportunity to “deepen the already dynamic relationship between France and Nigeria.”
In 2023, Nigeria emerged as France’s top trading partner in sub-Saharan Africa, with bilateral trade exceeding $5 billion (€4.73 billion). Nigeria’s crude oil and raw materials dominate the trade balance, but Tinubu’s visit aims to diversify and expand these economic exchanges.
Investment and Development Goals
During the visit, Tinubu emphasized Nigeria’s readiness for business, stating:
“Nigeria is open for business and should be taken as a serious country and partner.”
He highlighted key sectors for potential foreign investment, including:
- Agriculture and food security
- Energy transition and solid minerals
- Education, health, and youth engagement
- Innovation and trade
Tinubu also underscored the private sector’s role in driving Nigeria’s economic growth, particularly in developing a food security program to attract private investment.
France’s Commitment
President Macron reiterated France’s commitment to investing in Nigeria, expressing interest in collaborative efforts to address shared priorities such as finance, solid minerals, trade, and energy transition.
Addressing Nigeria’s Challenges
Despite being Africa’s largest oil producer, Nigeria continues to grapple with significant economic hurdles, including high inflation, widespread poverty, and growing insecurity. Over half of Nigeria’s population, approximately 129 million people, live below the poverty line.
Tinubu’s visit to France seeks not only to attract investment but also to address these challenges through stronger international partnerships and enhanced bilateral cooperation.
A Vision for the Future
The visit also symbolizes a renewed partnership based on shared values and goals. As France continues to solidify its economic ties with Nigeria, the collaboration promises to benefit both nations in fostering innovation, sustainability, and prosperity.
