In a landmark move set to reshape its economic landscape, Nigeria has entered into a historic trade pact with the United Arab Emirates (UAE). The two nations formally signed a Comprehensive Economic Partnership Agreement (CEPA) on Tuesday, January 13, 2026, in Abu Dhabi, witnessed by their respective heads of state.
A New Chapter in Nigeria-UAE Economic Relations
The agreement, described by officials as transformative, marks a significant milestone in bilateral relations. It is designed to create a competitive pathway for Nigerian goods and services into the lucrative UAE market while boosting investor confidence. President Bola Tinubu emphasized the tangible benefits for Nigerians, stating the deal opens duty-free access for thousands of Nigerian products into the UAE and expands opportunities for local exporters, manufacturers, and service providers.
Nigeria's Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, and the UAE's Minister of Foreign Trade, Thani bin Ahmed Al Zeyoudi, executed the signing ceremony. The Nigerian ministry announced the development via a post on the social media platform X, highlighting its role in strengthening Nigeria's competitiveness in international trade.
Breaking Down the Tariff Liberalisation Numbers
The core of the CEPA involves extensive tariff elimination. According to detailed figures released by the Ministry:
For Nigeria: A total of 6,243 products will be liberalised. Tariffs on 3,949 products (63.3%) will be scrapped immediately upon implementation. The remaining 2,294 products (36.7%) will see their tariffs phased out gradually over a five-year period.
For the UAE: The Emirates will liberalise 7,315 products. It will grant immediate tariff removal on 2,805 products, accounting for 38.3% of the covered goods. This reciprocal opening provides Nigerian businesses with significant new market access.
Implications for Nigerian Businesses and Global Standing
Beyond the immediate tariff cuts, the agreement is a strategic signal to the global investment community. Dr. Oduwole noted that the CEPA sends a strong signal to global investors and trading partners about Nigeria's commitment to integrating into the global economy under clear and predictable rules.
The deal is expected to:
- Provide a major boost to Nigerian non-oil exports, including agricultural produce, manufactured goods, and textiles.
- Create clearer pathways for Nigerian professionals in sectors like finance, technology, and creative industries to operate in the UAE.
- Increase foreign direct investment from the UAE into Nigeria's productive sectors, as investor confidence is bolstered by the formal agreement.
This Comprehensive Economic Partnership Agreement with the UAE represents one of Nigeria's most ambitious trade pacts in recent years, positioning the country for deeper economic integration and diversified growth.
