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Nigeria is to reap about N589 billion (£272.6 million) from eight partnership agreements it signed with the United Kingdom on Wednesday in Abuja.

The programme implementation agreements signed by the Minister of Budget and Economic Planning, Abubakar Bagudu, and the UK Charge d’ Affaires, Cynthia Rowe, commit both countries to collaboration in critical sectors, including governance, climate change, education, health, and the economy.

Welcoming Ms Rowe and her team to the signing ceremony at the ministry’s headquarters in Abuja, Mr Bagudu expressed appreciation for the UK government’s support, saying it was a significant show of friendship.

He said the timing of the implementation agreement was significant given the downward trend of world economies. “Many economies in the world are going through turbulent times. Nigeria and the UK are not exceptions,” he stated.

The minister praised the UK’s spirit of partnership, which enabled it to support other countries despite its economic challenges.

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