The agreements were signed in Abuja during a visit by Brazil’s vice president Geraldo Alckmin to Africa’s most populous nation.

Shettima told his Brazilian counterpart that reforms embarked upon by President Bola Tinubu have helped reshaped Nigeria’s economy.

Nigeria is targeting a $1 trillion economy by 2030, with reforms to agriculture, energy, education, and public finance. The country has also asked banks to recapitalise to attract foreign investments.

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