The Federal Government has announced plans to sign more than 30 Memoranda of Understanding (MoUs) with Brazil as Nigeria prepares to host the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM), beginning Monday, June 23, 2025.
The three-day event, which will feature the visit of Brazilian Vice President Geraldo Alckmin, is expected to drive new investments across key sectors including agriculture, energy, defence, innovation, and the creative economy.
Speaking at a press briefing at the State House in Abuja on Wednesday, the Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hadejia, described the upcoming dialogue as a landmark moment in Nigeria’s foreign relations. He said the meeting would further deepen strategic ties between two of the world’s largest regional powers.
“This session aligns closely with President Bola Tinubu’s Renewed Hope Agenda, focusing on economic recovery, foreign partnerships, and positioning Nigeria as a major player on the global stage,” Hadejia said.
According to him, the SDM will create opportunities for Nigeria to tap into fresh investment flows, facilitate technical cooperation, and boost private sector engagement between both countries.
Also speaking, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, said the SDM—originally launched in 2013—has gained renewed momentum following President Tinubu’s official visit to Brazil in 2024. She disclosed that a Nigeria-Brazil Business Forum would be held on June 25, bringing together government officials, business leaders, and access to a combined consumer market of over 400 million people.
A key highlight of the forum, she noted, would be the launch of a Digital Trade Room to drive collaboration in digital inclusion and fintech innovation.
On the agricultural front, Minister of Agriculture and Food Security, Senator Abubakar Kyari, revealed that both nations have agreed on several MoUs to boost agricultural productivity. These include partnerships in animal genetics, soybean production, and research and development.
He added that the Green Imperative Programme (GIP)—a $4.5 billion agricultural mechanization initiative—will be fast-tracked through the SDM, with project offices planned across all 774 local government areas in Nigeria.
Minister of Arts, Culture and Creative Economy, Hajiya Hannatu Musawa, said her ministry would leverage the shared Afro-Atlantic cultural heritage between Nigeria and Brazil to strengthen cooperation in the creative and tourism industries. She expressed optimism that the new MoUs will unlock economic and cultural opportunities in these sectors.
Also addressing the media, Ambassador Janet Olisa, Director of Regions at the Ministry of Foreign Affairs, emphasized that the SDM would promote economic diplomacy and strengthen collaboration in agriculture, digital innovation, and the creative economy.
“We have close to 30 MoUs under negotiation across several sectors. Some will be signed next week, while others are expected to be finalized during President Tinubu’s future state visit to Brazil,” she said.
Marion Moon, Executive Secretary of the Presidential Food Systems Coordinating Unit (PFSCU), noted that planning efforts have extended beyond federal agencies to include subnational governments and the private sector. She added that Brazilian investors would be visiting key states such as Kebbi, Plateau, Lagos, Edo, Nasarawa, and the FCT during the visit.
Coordinated by the Office of the Vice President, the Nigeria-Brazil Strategic Dialogue Mechanism is positioned not only as a diplomatic event but as a results-driven platform for strengthening South-South cooperation and unlocking real investment outcomes.