• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Egypt, Nigeria Leverage Bilateral Ties To Boost Trade

by Innocent Odoh
12 months ago
in Foreign News
Share on WhatsAppShare on FacebookShare on XTelegram

Arab Republic of Egypt and Nigeria appear to be harnessing the potential of a robust diplomatic relations between both countries to increase the volume of trade and ramp up collaboration in other diverse sectors.

Advertisement

Ambassador of Egypt to Nigeria Mohamed Fouad told reporters that strengthening collaboration on trade and investment has become necessary, following low trade volume between both countries, which as of 2023 stood at $190 million.

The envoy said this during events organized to commemorate the 72nd Anniversary of Egypt National Day celebrated on 23rd of July in deference to the July 1952 Egyptian revolution spearheaded by the Free Officers led by Gamal Adel Nasser, which ended the monarchy of King Farouk.

According to the envoy in his speech “Our National Day which commemorates the 23rd of July 1952 Revolution marks a momentous event that catalysed the process of de- colonization, and helped shaping the post- colonial order in Africa. It also contributed to the emergence of the Global South as a distinct geopolitical power that advocates principles such as freedom, independence, right to development, and a just world order.

“Today, Egypt and other African countries strive to address challenges that are not less enormous than those they en countered during the struggle for independence. These challenges include the need to invest in human capital, energy transition, and infrastructure development, bolster economic growth and create jobs, combat terrorism and extremism, and empower youth and women.”

RELATED

China Steps Up Support For Home Services Industry

China Welcomes Russia’s Recognition Of Afghanistan’s Taliban Rule

1 day ago
20 Injured As Gas Explosion Rocks Rome

20 Injured As Gas Explosion Rocks Rome

1 day ago

The envoy noted that Egypt and Nigeria have been redefining their longstanding and historic ties. He said peoples and governments of both countries are tapping into their enormous economic and cultural potentials and working towards solidifying the partnership.

It is instructive that the two countries have mapped out strategies to build capacity in areas of security, countering-terrorism, energy, communications and digital transformation, trade, and infrastructure, agriculture, health care and modern education. The two countries are proceeding with determination on the path to forge a modern and forward-looking partnership anchored on common values and shared objectives.

A veritable platform to improve ties for mutual benefits is the upcoming third round of bilateral political consultations in Abuja during the last quarter of the year. Another upcoming meeting is the Egypt-Nigeria Business Council in Lagos next September, which will help connect the business communities of the two countries, providing them with the opportunity to explore possible ways and means to enhance bilateral trade and investments relations.

Earlier this month, Egypt hosted the fourth edition of the Aswan Forum for Sustainable Peace and Development under the theme “Africa in a Changing World: Re-envisioning Global Governance for Peace and Development” featuring a diverse high level participation from across the continent, as well as from partner countries and organizations.

According to Ambassador Fouad, the Forum focused on amplifying and advancing Africa’s priorities in the areas of peace, security and development, stressing that Nigeria’s perspectives and contributions to regional peace and security were highly appreciated during deliberations of the Forum.

Recall that Professor Babagana Zulum, Executive Governor of Borno State was the main speaker in a spotlight session titled “Borno of Hope: Driving Local Solutions for Peace and Development”, where he expatiated  the success story success of Borno in combating terrorism, and celebrating its transition into a new chapter of peace building.

“Governor Zulum underscored the imperative of advancing nationally and locally- owned responses and promoting durable solutions to internal displacement. He also highlighted – in the process – key lessons learned that can be applied in other areas in Africa.

“The Forum also featured the launch of the Inaugural Aswan Award on Post-Conflict Reconstruction and Development, which aims to recognize and bring forward African-owned solutions and responses to the continent’s most pressing challenges.

“We are very proud that the award was conferred on the “Neem Foundation” of Nigeria, in recognition of their impactful work in strengthening resilience, fostering peace and development among conflict-affected communities across Nigeria and the Lake Chad Basin Region.

“Our respective compatriots in Egypt and in Nigeria play a crucial role in advancing the various facets of our partnership. They will continue to serve as the engine advancing our common objectives,” the envoy stated.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Group Urges ECOWAS Parliament To Tackle Human Right Abuses

Next Post

Let God Prove Them Wrong

Innocent Odoh

Innocent Odoh

You May Like

China Steps Up Support For Home Services Industry
Foreign News

China Welcomes Russia’s Recognition Of Afghanistan’s Taliban Rule

2025/07/04
20 Injured As Gas Explosion Rocks Rome
Foreign News

20 Injured As Gas Explosion Rocks Rome

2025/07/04
Trump Cancels Plans To Testify At Civil Fraud Trial In New York
Foreign News

Israel Agrees To 60-day Ceasefire With Hamas – Trump

2025/07/03
Mexico Unveils Support For Potential US Deportees As Trump Takes Over White House
Foreign News

Israel Agrees To 60-day Ceasefire With Hamas — Trump 

2025/07/02
Italy Approves 500,000 Work Permits For Foreigners
Foreign News

Italy Approves 500,000 Work Permits For Foreigners

2025/07/02
Musk Blasts Trump’s Spending Bill After Exiting White House
Foreign News

Trump, Musk Feud Escalates As US President Threatens To Cut Subsidies

2025/07/02
Leadership Conference advertisement

LATEST

Liverpool Stars Honour Diogo Jota, André Silva At Funeral In Portugal

Chelsea Complete £48.5m Signing Of Gittens From Dortmund

Forget 2027, Presidency Tells Coalition’s ADC

More Than 50% Of Medicines In Circulation Are Fake — Pharmacists

Edo Senator Intervenes In Army-Oghede Community Land Dispute

Oyo SEMA Issues Flood Alert In  3 LGAs, Warns Residents

Federal Gov’t Surmounting Inherited Security challenges — NSA

Burnley Sign Walker From Man City In £5m Deal

BBNaija Season 9 Reunion Ends With Drama, Apologies, Closure

Lagos Street Photo Walks To Spotlight Youth Entertainment, Empowerment

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.