Nigeria Commit To Strengthen Economic Ties With Indonesia

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Nigeria has declared commitment to deepening ties with Indonesia, focusing on the untapped economic potential between the two nations during the Second Indonesia-Africa Forum, which took place from September 1 to 3, 2024, in Bali, Indonesia.

The event brought together heads of state, government officials, business leaders, and stakeholders to explore ways to enhance economic cooperation and address global challenges.

The event, which featured delegates from 22 African countries and five non-African countries, also paid tribute to the 1955 Asia-Africa Forum, known as the Bandung Spirit, which laid the foundation for Asia-Africa relations.

The Minister of Information and National Orientation, Mohammed Idris who represented President Bola Tinubu at the event emphasised Nigeria’s dedication to building a stronger partnership with Indonesia

“These are the foundations upon which our future cooperation will be built, driving inclusive and sustainable economic growth beneficial to all our nations,” Idris noted.

The forum underscored the economic and demographic significance of Africa and Indonesia, which together account for over 1.7 billion people and a combined GDP of $4.4tn with  Nigeria’s role in advancing the African Union’s Agenda 2063 was a key focus.

Idris spoke boldly of President Bola Tinubu’s ambitious agenda for economic reforms, security, governance, and social development, as well as his leadership in promoting regional trade and stability through the Economic Community of West African States.

Nigeria’s active participation in the African Continental Free Trade Area was noted as a critical driver for boosting intra-African trade and industrialisation.

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