The Federal Government has announced that Nigeria and the United Arab Emirates have eliminated tariffs on more than 13,000 goods under a new Comprehensive Economic Partnership Agreement aimed at expanding trade and investment between both countries.
According to a document released on Tuesday by the Federal Ministry of Industry, Trade and Investment, Nigeria has removed tariffs on 6,243 products imported from the UAE, while the UAE has eliminated tariffs on 7,315 products from Nigeria.
The agreement, signed in January 2026, is expected to expand market access for Nigerian products, businesses and professionals, support non-oil exports and strengthen economic diversification.
The ministry said Nigeria will immediately remove tariffs on 3,949 products and phase out tariffs on 2,294 products over five years, while excluding 123 items from liberalisation.
On its part, the UAE will immediately eliminate tariffs on 2,805 products, phase out tariffs on others within three to five years, and exclude 593 products.
The agreement was signed on January 13, 2026, by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, and the UAE Minister of Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, in the presence of President Bola Tinubu and UAE President Sheikh Mohamed bin Zayed Al Nahyan, with the Federal Government describing the pact as a major boost to trade, investment flows and job creation.