Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has congratulated President Bola Ahmed Tinubu, GCFR, on the successful signing of the Nigeria-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA).
NACCIMA in a statement explained that the Agreement represents a major strategic milestone in Nigeria’s economic transformation agenda.
According to the statement, Nigeria-UAE CEPA directly advances the objectives o f the Renewed Hope Agenda by strengthening trade expansion, investment mobilisation, industrial growth, and private-sector-led productivity, which are central to Nigeria’s aspiration of achieving a $1 trillion economy by 2030.
It noted that the Agreement expands market access for Nigerian goods and services, improves investor confidence, and creates a predictable framework for increased capital inflows, value-chain integration, and enterprise development across priority sectors including manufacturing, agribusiness, services, infrastructure, finance, logistics, and the digital economy.
NACCIMA emphasized that private sector partnership and collaboration remain the primary engines of sustainable economic growth.
It pointed out that the CEPA provides a robust platform for deepened collaboration between Nigerian businesses, UAE investors, and government institutions to scale production, boost exports, create jobs, and enhance competitiveness.
NACCIMA maintained that the Agreement further reinforces Nigeria’s strategic position as a preferred investment destination and as a gateway to the ECOWAS sub-region and the African Continental Free Trade Area (AfCFTA), thereby multiplying opportunities for regional and global market access.
The Association said it remains fully committed to working closely with the Federal Government and its Agencies to support the effective implementation of the CEPA through structured private-sector engagement, export readiness programmes, investment facilitation, trade missions and sustained policy dialogue.
It stated that the Nigeria-UAE CEPA, anchored on strong leadership and private-sector collaboration, provides a solid foundation for inclusive growth, economic resilience, and long-term national prosperity.
Nigeria