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    Kapital FM 92.9 The Station that Rocks!

Economy

President Bola Tinubu’s UK Visit: Experts Highlight Economic Gains, Call For Implementation

todayMarch 24, 2026

Background

 

The recent state visit by President Bola Ahmed Tinubu to the United Kingdom has been described as a major step towards strengthening long-standing bilateral relations and advancing Nigeria’s economic and political interests, if effectively harnessed.

A retired career diplomat and former Nigerian High Commissioner to Singapore, Ambassador Ogbole Amedu-Ode, stated this while speaking on Perspectives, a current affairs programme on Kapital FM in Abuja.

According to him, the visit marks a significant milestone in Nigeria’s diplomatic engagement with the UK, coming at a critical time when the country is seeking economic recovery and stronger global partnerships.

President Tinubu’s visit, which was at the invitation of King Charles III, is the first state visit by a Nigerian leader to the UK in over three decades. It featured high-level engagements, including a ceremonial carriage ride and a state banquet at Windsor Castle.

Ambassador Amedu-Ode noted that beyond its symbolic value, the visit has opened up fresh economic opportunities for Nigeria.

“This engagement goes beyond protocol; it reflects a renewed commitment to deepen cooperation in trade, investment, and infrastructure development,” he said.

A major outcome of the visit is the signing of a £746 million agreement aimed at modernising key port infrastructure, including Apapa Port and Tin Can Island Port. Experts say the development is expected to improve trade efficiency, reduce congestion, and boost revenue generation.

The former envoy, however, stressed the need for effective implementation of agreements reached during such high-level engagements.

“Past visits have sometimes yielded limited results due to weak follow-through. This time, there must be deliberate monitoring and execution,” he added.

He also highlighted the critical role of Nigerians in the diaspora, particularly those in the UK, in driving investment and strengthening cultural ties.

“Nigerians abroad are excelling across sectors and can serve as vital links for investment, innovation, and cultural diplomacy,” he noted.

Ambassador Amedu-Ode further explained that the visit comes amid Nigeria’s economic challenges, including inflation, unemployment, and exchange rate volatility, adding that stronger ties with the UK could attract Foreign Direct Investment and support ongoing reforms, provided there is transparency and accountability.

“Nigeria needs to adopt best practices from the UK system, particularly in transparency, institutional efficiency, and public sector accountability,” he said.

On Nigeria’s global positioning, he said the visit signals a renewed effort to reposition the country as a key player in international diplomacy and enhance collaboration in addressing security challenges.

“It reinforces Nigeria’s relevance on the global stage and opens opportunities for stronger partnerships,” he stated.

He emphasized that the real impact of the visit would be measured by tangible improvements in citizens’ lives.

“The true test lies in how these engagements translate into better living conditions for Nigerians,” he said.

Meanwhile, a caller on the programme, Adamu Usman from Kado in Abuja, commended the visit as a positive step toward economic recovery but stressed the need for visible outcomes.

“It is a good development, but Nigerians want to see real changes through job creation, improved infrastructure, and economic stability,” he said.

Analysts maintain that the success of the visit will ultimately depend on the government’s ability to translate diplomatic engagements into measurable national development.

MON/Risi/Eugene/Uju/Chinkata

Written by: Safiya Wada

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