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Buhari Seeks Deeper, Diverse Nigeria-Portugal Trade Cooperation
President Muhammadu Buhari, yesterday, in Lisbon, called for an increase in the volume of trade with Portugal as well as diversification to non-oil products.
The president spoke at an Economic Seminar between Nigeria and Portugal businesses during his State Visit.
The Nigerian leader said the two countries were in dire need of new investment opportunities.
Buhari cited the devastation on global economies caused by the COVID-19 pandemic and the impact of the Russia-Ukraine conflict.
He recalled that the relationship between modern Nigeria and Portugal started over 40 years ago.
The president said he was excited to learn of the increased level of enthusiasm Portuguese businesses have shown towards Nigeria.
“In the past 25 years, trade between Nigeria and Portugal has more than doubled to over $1billion by 2020 just before the COVID-19 pandemic.”
Noting that this has been mostly in the oil and gas sector, he called on both nations to collaborate to do more.
Buhari recalled that the Portuguese were the first European voyagers on record to visit the shores of Nigeria in the late fifteenth century.
He announced that the Nigerian government awarded a contract to Mota-Engil, a Portuguese company, to construct a railway to connect Kano to Maradi in Southern Niger Republic.
The president expressed confidence that the partnership would open doors for more Portuguese companies.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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