Business
Secretary to the Government of the Federation, Sen. George Akume CON (right) welcoming the the Special Advisor to the President of Uganda on Exports and Industry Mr. Odrek Rwabwogo to his office on Tuesday 21st July, 2026 in Abuja.
THE Federal Government of Nigeria has reaffirmed its commitment in deepening bilateral trade and economic relations with the Republic of Uganda through the revitalization of the Nigeria–Uganda Joint Permanent Commission (JPC)
The Secretary to the Government of the Federation, Senator George Akume, made this disclosure when he received the Special Envoy from Uganda led by the Senior Presidential Advisor to the President of Uganda on Exports and Industry, Odrek Rwabwoyo on Tuesday, July 21, in Abuja.
Sen. Akume emphasized the importance of leveraging Africa’s diversity and growing population to drive sustainable growth and development.
He noted that Nigeria’s ongoing economic reforms under President Bola Ahmed Tinubu are focused on private sector-led growth, ease of doing business, infrastructural development and investment promotion.
The SGF highlighted efforts made by the Federal Government to streamline taxation, unify foreign exchange mechanisms, improve transportation networks in order to create a more competitive business environment.
He stressed that value addition to Africa’s natural resources remains critical for industrialization, job creation and economic transformation across the continent.
Earlier, the Uganda’s Senior Presidential Advisor on Exports and Industry, Odrek Rwabwoyo, highlighted the country’s vast economic potentials as producers of coffee, diary products, livestock and cotton. He therefore invited Nigerian Investors to explore opportunities in agro-processing, textile manufacturing, mineral beneficiation and other value added industries.
Speaking also at the meeting, the Ugandan Minister of State for Trade, Industry and Cooperatives, Hon.Bahati David emphasized the need to deepen bilateral trade and economic relations through the establishment of a Nigeria-Uganda Joint Permanent Commission (JPC).
He also welcomed discussions on easing visa requirements, particularly for holders of official and diplomatic passports, while expressing hope for a future where Africans can travel freely across the continent without visas.
The Minister called for the renewal of expired Memorandum of Understanding (MoU) between Nigeria and Uganda in areas such as education and defence, and proposed new agreements on investment protection and the avoidance of double taxation to encourage greater business collaboration.
He further stressed the importance of the African Continental Free Trade Area (AfCFTA), urging African countries to leverage their comparative advantages rather than depend on imports from outside the continent.
A.I
July 22, 2026
Tags: Odrek Rwabwoyo Senator George Akume