Connect with us

News

Nigeria, Benin Fine-Tune Framework for Economic Cooperation

Published

on

Nigeria, Benin Fine-Tune Framework for Economic Cooperation

By: Michael Mike

Nigeria and the Republic of Benin have commenced the process of operationalizing the economic cooperation agreement they signed during the recently held West Africa Economic Summit (WAES).

Both countries had at the maiden regional economic summit in June 2025, in Abuja, signed the memorandum of understanding.

At a two-day meeting of officials of both countries to work out the framework for the implementation of the economic cooperation agreement held August 1-2, in Cotonou, Republic of Benin, Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, said the move was in line with the objectives of the Economic Community of West African States (ECOWAS).

The Minister praised President Bola Ahmed Tinubu for his foresight in conceptualizing the summit as catalyst for the economic growth of the region.

She described the bilateral engagement as timely emphasizing that the two countries were bound not only by geography, but by centuries of shared history, familial ties, culture, commerce and vibrant commercial activity.

The Minister on behalf of the Government and people of Nigeria, also congratulated the Republic of Benin on her 65th Independence anniversary noting that it was fitting the important dialogue took place at a moment of national pride and reflection for the country.

She stated that over the years, the bilateral relations between the two West African neighbours had grown from informal interactions to a structured, strategic partnership, but not without challenges—ranging from trafficking and smuggling to wider trans-border crimes.

She noted that both countries had always found solutions whenever they came together with sincerity and determination.

“Our shared successes affirm a truth we must never lose sight of: that cooperation, not conflict; dialogue, not suspicion, remain our best tools for overcoming obstacles,” the Minister said.

Odumegwu-Ojukwu declared that the visit of the Nigerian delegation was not merely a technical conversation but a symbolic and political commitment.

According to the Minister, it was a commitment to Nigerian people and to the ideals of economic development, peace, and stability.

Therefore, both countries must be driven by a shared vision and mutual trust as they seek to build a resilient and sustainable trade corridor between their nations.

She added that: “The frequency and depth of our engagements at the highest political levels underscore the strategic nature of our relationship. The recent efforts of Presidents Bola Ahmed Tinubu and Patrice Talon to recalibrate our bilateral cooperation, particularly in the areas of trade and border management, demonstrate a shared political will to resolve longstanding issues and usher in a new era of mutual prosperity. Both Presidents have shown remarkable leadership in guiding this partnership forward. Their engagements, particularly at the West Africa Economic Summit have reaffirmed the mutual desire to build a future anchored in trade, security, and economic transformation. You would recall the words of President Bola Ahmed Tinubu who at the Summit said, “Nigeria and Benin are more than twins. We are the same people. Let us show the region that integration is possible.” I can boldly affirm that the discussions we’ve had from the 31st of July are an extension of that statement and vision.

“The bilateral meetings held in the course of this visit and the ones we will continue to have, offer yet another opportunity for us to deepen our dialogue and build on the gains made through various mechanisms; be it the Trade Facilitation Committee, the Joint Customs Working Groups, or the recent strides made in cross-border trade harmonization. We must seize this momentum to find practical and forward-looking solutions to the challenges that continue to constrain our trade and economic cooperation.

“It is important that we work together to ensure that policies and procedures on both sides of the border promote legitimate trade, encourage investment, and empower our business communities. Let us continue to align our customs and transit frameworks, streamline bottlenecks, and reinforce our joint commitment to regional integration under ECOWAS and the African Continental Free Trade Area (AfCFTA).

On her part, Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, who presented the resolutions at the meeting noted that the economic cooperation would cover four thematic areas including trading services and private sector engagements, market access, customs procedures and trade facilitation, transport infrastructure and storage. Technical working groups are expected to deliberate of these areas and submit reports in Abuja in the coming weeks.

Minister of Foreign Affairs of the Republic of Benin, Mr. Olushegun Adjadi Bakari, said his country was committed to sustaining excellent mutually beneficial relations with Nigeria.

The Minister of Industry and Trade of the Republic of Benin, Mrs. Shadiya Alimatou Assouman, the Director General of Customs, the Comptroller General of Nigeria Customs Service, Adewale Adeniyi, Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Amb. Nura Abba Rimi, the Director, Africa Affairs Department in Nigeria’s Ministry of Foreign Affairs, Amb. Regina Ocheni, Director, Office of the Minister of State for Foreign Affairs, Amb. Innocent Iwejuo and members of the technical committee as well as members of both delegations, participated in the meetings.

Nigeria, Benin Fine-Tune Framework for Economic Cooperation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Troops rescue three kidnapped victims in Zamfara

Published

on

Troops rescue three kidnapped victims in Zamfara

By: Zagazola Makama

Troops of the Nigerian Army have rescued three kidnapped victims during a fighting patrol in Tsafe Local Government Area of Zamfara State.

Security sources told Zagazola that the operation was conducted on April 25 at about 9:00 p.m. by troops of 1 Brigade in collaboration with hybrid forces deployed at Kulchin Kalgo.

The sources said the troops advanced to Bilbis area following intelligence on the presence of terrorists and made contact with the armed group.

According to the sources, the troops engaged the criminals in a firefight, forcing them to flee and abandon three kidnapped victims in the process.

The rescued victims were subsequently handed over to the district head of Bilbis for safe custody and further reunification with their families.

The sources added that the troops have continued exploitation of the area to track fleeing suspects, while the general security situation remains under close monitoring.

Troops rescue three kidnapped victims in Zamfara

Continue Reading

News

Troops arrest suspects, rescue kidnap victim in Benue

Published

on

Troops arrest suspects, rescue kidnap victim in Benue

By: Zagazola Makama

Troops of Operation Whirl Stroke (OPWS) have arrested two suspected kidnappers and rescued a victim in Gwer East Local Government Area of Benue State.

Security sources said that the incident occurred on April 25 at about 10:30 a.m., when troops deployed at Agidi responded to reports of a kidnap incident in Abenga and Mabur communities.

The sources said the troops swiftly mobilised to the area and made contact with the suspected kidnappers, engaging them during the operation.

According to the sources, the troops overpowered the criminals, leading to the arrest of two suspects and the rescue of one kidnapped victim.

The sources added that the apprehended suspects and the rescued victim have been handed over to the Nigeria Police for further investigation and necessary action.

They assured that security forces will continue to intensify operations to curb kidnapping and other criminal activities in the state.

Troops arrest suspects, rescue kidnap victim in Benue

Continue Reading

News

Troops, DSS arrest suspected IPOB/ESN member in Enugu raid

Published

on

Troops, DSS arrest suspected IPOB/ESN member in Enugu raid

By: Zagazola Makama

Troops of the Nigerian Army, in collaboration with operatives of the Department of State Services (DSS), have arrested a suspected member of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), during a raid in Enugu State.

Sources said that the operation was carried out on April 25 at about 6:20 p.m. by troops of 82 Division Garrison, 103 Battalion and 197 Special Forces Battalion.

The sources said the joint team conducted the raid at Obinofia Ndiagu village, where one suspected IPOB/ESN operative was apprehended.

According to the sources, three mobile phones were recovered from the suspect during the operation.

They added that the suspect and recovered items are currently in the custody of the 82 Military Intelligence Brigade for further investigation and necessary action.

The sources noted that the operation is part of ongoing efforts by security agencies to dismantle criminal networks and restore peace in the South-East.

Troops, DSS arrest suspected IPOB/ESN member in Enugu raid

Continue Reading

Trending

Verified by MonsterInsights