Nigeria, France Sign Agreements on Infrastructure and Agriculture

During President Bola Tinubu's state visit to Paris, Nigeria and France signed two significant agreements aimed at enhancing infrastructure development and agricultural sustainability. The deals, which include a €300 million investment plan, were formalized by Nigeria's Finance Minister Wale Edun and French Economy Minister Antoine Armand, focusing on sectors such as healthcare, transportation, renewable energy, and human capital development. Both nations also pledged to streamline trade processes and remove fiscal barriers while safeguarding labor rights. Additionally, Nigerian banks Zenith Bank and United Bank for Africa (UBA) expanded their operations into France, with Zenith Bank officially opening a branch in Paris. These agreements are seen as a commitment to a strategic partnership that will support Nigeria's socio-economic growth and the Renewed Hope Agenda reforms.