By IDNN Business & Economy Desk
President Bola Ahmed Tinubu has returned to Abuja after official visits to Japan and Brazil, where he signed a series of agreements aimed at driving Nigeria’s economic growth and restoring global confidence.
Arriving at the Presidential Wing of Nnamdi Azikiwe International Airport at about 1:30 am on Friday, Tinubu was received by governors, lawmakers, and senior government officials.
The president confirmed that five Memoranda of Understanding (MoUs) were signed in Brasília, spanning aviation, trade, science, diplomacy, and finance.
Among them was a Bilateral Air Services Agreement, which will see Air Peace begin direct flights between Lagos and São Paulo. Another landmark was the announcement that Petrobras, Brazil’s state-owned oil giant, will return to Nigeria after suspending joint ventures five years ago.
Tinubu said his mission abroad was clear:
“Every handshake, every agreement, and every meeting is guided by one goal: to secure opportunities that translate into growth, jobs, and prosperity for Nigerians.”
In Brazil, talks also opened on partnerships in agriculture, finance, and political consultation, while in Japan, Tinubu attended the ninth Tokyo International Conference on African Development (TICAD9).
According to the president, Japan offered new opportunities in industry, technology, and human capital development.
“This is the new Nigeria we are building together – confident abroad, resilient at home, and determined to create value for every citizen,” Tinubu declared.
He acknowledged challenges but expressed optimism, saying reforms were laying the foundation for long-term prosperity.
Tinubu’s foreign policy push comes as Nigeria seeks to attract investment and reassure business leaders amid economic reforms and restructuring.
Observers say the return of Petrobras signals renewed confidence in Nigeria’s oil sector, while direct flights to Brazil are expected to deepen commercial and cultural ties between Africa and South America.
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