Tinubu to witness £746m Nigeria–UK port financing deal throughout state go to

President Bola Tinubu will witness the signing of a landmark £746 million financing Treaty between the UK Export Finance, UKEF, and the Nigerian Ports Authority, NPA, throughout his upcoming state go to to the UK, scheduled to start on Tuesday.

An announcement by President’s Particular Adviser on Data and Technique, Bayo Onanuga, on Monday mentioned with the deal, the Federal Ministry of Finance will help the refurbishment of two of Nigeria’s main nationwide maritime infrastructure, the Lagos Port Advanced, Apapa Quays, and the Tin Can Island Port Advanced.

Accompanied by the First Girl, Senator Oluremi Tinubu, the President will depart Abuja on Tuesday, March 17, for a State Go to to the UK as company of Their Majesties King Charles III and Queen Camilla.

“King Charles will host President Tinubu and his spouse at Windsor Citadel from Wednesday, March 18, to Thursday, March 19.

“The state go to is the primary by a Nigerian chief in 37 years. President Tinubu can also be the primary Nigerian chief to be hosted by the British monarch at Windsor Citadel.

“Nigeria and the UK share a deep historical past of ties and a particular bond. The aim of this go to is to strengthen bilateral relations and discover avenues for collaboration on points similar to immigration, commerce, funding, and cultural trade,” the assertion learn.

It famous that whereas at Windsor Citadel, Their Majesties will invite the President and the First Girl to view a particular exhibition of things from the Royal Assortment associated to Nigeria.

Onanuga additional disclosed that later, the King and the President will maintain non-public discussions and meet with organisations engaged in interfaith dialogue, each nationally and internationally.

“The Royal Household will host a State Banquet in honour of the Nigerian company within the night.

“President Tinubu can even maintain a bilateral assembly with Prime Minister Keir Starmer at 10 Downing Avenue, which can result in expanded bilateral engagement between senior officers of the 2 international locations. The assembly will culminate within the signing of assorted Memoranda of Understanding and agreements, together with these on commerce, funding, defence, and cultural cooperation.

“The President would be the visitor of honour on the Nigerian Modernism exhibition, showcasing fashionable arts and tradition, and also will attend a reception with Nigerian and British enterprise leaders and the diaspora neighborhood,” he mentioned.

Members of the President’s entourage embrace: Senate President, Godswill Akpabio; Lawyer Basic and Minister of Justice, Prince Lateef Fagbemi SAN; Minister of Strong Minerals, Dele Alake; Minister of Data and Nationwide Orientation, Idris Mohammed, Minister of State for Overseas Affairs, Ambassador Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economic system, Wale Edun; and Minister of Business, Commerce and Funding, Dr. Jumoke Oduwole.

Others are: Minister of Tradition and Artistic Economic system, Hannatu Musawa; Minister of Communications and Digital Economic system, Bosun Tijani; Minister of Defence, Basic Christopher Musa (rtd); Nationwide Safety Adviser, Malam Nuhu Ribadu; and Director-Basic of the Nationwide Intelligence Company, Ambassador Mohammed Mohammed.

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