Nigeria and Brazil yesterday in Abuja
signed a Memorandum of Understanding (MoU) covering agriculture and food
security, petroleum, power, bio-fuel, trade and investment, mining,
education, aviation, infrastructure management, finance and culture.
It was the high-point of the visit of President Dilma Rousseff of Brazil to Nigeria.
President Goodluck Jonathan said at the
end of bilateral talks between the two countries that a bi-national
commission will be set to implement the MoU.
The MoU, according to him, will be used
to “leverage on the economy of our people, improve the lot of unemployed
young men and women and make sure Nigerians and Brazilians are happy
people.”
Also speaking, President Rousseff said:
“Our exchanges have actually outgrown significantly between 2009 and
2012, years marked by crises. Our trade exchanges have grown and for
2012 the figures come to $9billion.”
We agreed that we must diversify and make it a more balanced trade.
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