The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has lauded the Nigeria-United Arab Emirates Comprehensive Economic
Partnership Agreement (CEPA).
The News Agency of Nigeria (NA) reports that this is contained in a statement by the association on Wednesday in Abuja.
It described the partnership as a strategic boost to the Renewed Hope Agenda of President Bola Tinubu and Nigeria’s one trillion dollars economy target.
The partnership was signed on Tuesday by Tinubu and UAE President Mohamed bin Zayed Al Nahyan during the 2026 Abu Dhabi Sustainability Week (ADSW).
NACCIMA said that the agreement represented a major strategic milestone in Nigeria’s economic transformation agenda.
“The Nigeria-UAE CEPA directly advances the objectives of 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.
“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.”
The association said that the private sector partnership and collaboration remains the primary engines of sustainable economic growth.
It added that the partnership would provide a robust platform for deepened collaboration between Nigerian businesses, UAE investors, and government institutions to scale production, boost exports, create jobs, and enhance competitiveness.
It said that the partnership would also reinforce Nigeria’s strategic position as a preferred investment destination and gateway to the ECOWAS sub-region and the African Continental Free
Trade Area (AfFTA).
“As we congratulate the Federal Government and the people of Nigeria, NACCIMA appreciates all Government Ministries, Departments and Agencies involved in this process.
“We remain 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.
“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.”(NAN)
Edited by Ismail Abdulaziz
