Tinubu Welcomes Petrobras Back to Nigeria, Signs 5 Major Pacts with Brazil

President Bola Tinubu has welcomed the return of Petrobras to Nigeria after a five-year break.

The President said the oil company’s comeback would boost cooperation in the energy sector.

Tinubu was speaking during his state visit to Brazil on Monday.

Nigeria and Brazil signed five agreements to strengthen trade, aviation, finance, diplomacy, and science.

Tinubu assured investors that his economic reforms are working and creating fresh opportunities for businesses.

President Lula of Brazil announced a new direct flight from Lagos to São Paulo and pledged stronger ties with Nigeria.