President Bola Tinubu is currently holding talks with Keir Starmer in a high-level meeting aimed at strengthening diplomatic and economic relations between Nigeria and the United Kingdom.
The bilateral engagement is expected to culminate in the signing of several Memoranda of Understanding covering key sectors such as trade, investment, defence, and cultural cooperation.
According to a statement by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, the meeting underscores Nigeria’s commitment to expanding international partnerships and boosting economic growth.
“This engagement reflects Nigeria’s resolve to deepen bilateral relations, attract foreign investment, and modernise critical infrastructure,” Onanuga said.
A major highlight of the visit is the planned signing of a £746 million financing agreement involving UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance. The deal is expected to fund the rehabilitation of key maritime facilities, including the Lagos Port Complex in Apapa and the Tin Can Island Port.
Officials say the project will enhance port efficiency and strengthen Nigeria’s trade capacity.
“This agreement represents a significant step towards revitalising our maritime infrastructure and improving economic competitiveness,” a government source noted.
Earlier in the visit, President Tinubu and the First Lady were hosted by King Charles III and Queen Camilla at Windsor Castle.
The President is accompanied by a high-powered delegation, including Senate President Godswill Akpabio, Attorney General Lateef Fagbemi, Finance Minister Wale Edun, and National Security Adviser Nuhu Ribadu, among others.
The meeting is expected to further consolidate cooperation between both nations, particularly in infrastructure development and economic partnerships.
