Nigeria is leveraging the Tokyo International Conference on African Development, TICAD, to strengthen diplomatic and economic ties with Japan and African partners.
The country is also positioning itself as a leading advocate for global financial system reforms and seeking broader support in global politics.
Minister of Foreign Affairs, Ambassador Yusuf Tuggar, was speaking on Tuesday on Nigeria’s participation in the Tokyo International Conference on African Development TICAD, holding in Yokohama, Japan.
Tuggar highlighted that Nigeria being a leading economy on the African continent plays a pivotal role in the reform of the global financial architecture and is committed to supporting the continent’s efforts towards debt rescheduling and restructuring to foster sustainable growth.
The Minister emphasized that industrialization-driven reforms are essential for Nigeria to create jobs for its growing youth population and combat unemployment, a goal he said is currently being actively pursued by the Tinubu-led administration.
The Minister underscored that, under President Tinubu’s leadership at TICAD, Nigeria will strengthen partnerships across Africa, fostering economic diversification, greater regional integration, and enhanced connectivity to deliver broad-based benefits to all citizens.
Tuggar further revealed that Nigeria aims to expand its $1 billion trade relationship with Japan to incorporate additional sectors, including the export of more agricultural commodities, while also broadening Nigerian-Japanese developmental cooperation through the Japan International Cooperation Agency (JICA) and the Japan External Trade Organisation (JETRO).
Discussion0