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Nigeria, UAE scrap tariffs on over 13,000 goods

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The Federal Government has announced that Nigeria has eliminated tariffs on 6,243 products imported from the United Arab Emirates, and the UAE has removed tariffs on 7,315 products imported from Nigeria, as part of a new trade pact aimed at expanding market access for Nigerian goods, businesses, and professionals.

The Federal Ministry of Industry, Trade, and Investment disclosed this on Tuesday via a document on the Nigeria–UAE Comprehensive Economic Partnership Agreement signed in January 2026.

According to the ministry, the agreement will “expand market access opportunities for Nigerian products, businesses, and professionals into the UAE while facilitating investment flows,” marking a major step in Nigeria’s non-oil export drive and economic diversification agenda.

For trade in goods, the ministry said Nigeria has committed to eliminating tariffs on 6,243 products imported from the UAE. The UAE also committed to eliminating tariffs on 7,315 products imported from Nigeria.

Under the agreement, Nigeria will immediately remove tariffs on 3,949 products, representing 63.3 per cent of the total, while phasing out tariffs on 2,294 products over five years. Nigeria excluded 123 products from tariff liberalisation.

On its part, the UAE will immediately eliminate tariffs on 2,805 products, representing 38.3 per cent of the total, remove tariffs on 1,468 products within three years, and on 3,042 products within five years. The UAE excluded or prohibited 593 products.

The two countries signed the CEPA on January 13, 2026, following negotiations led by Minister of Industry, Trade and Investment Dr Jumoke Oduwole with support from the Federal Ministry of Justice and the Nigeria Customs Service.

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Oduwole and the UAE Minister of Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, signed the agreement in the presence of the President of the Federal Republic of Nigeria, Bola Tinubu, and the President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan.

The ministry described the pact as “a pragmatic and comprehensive agreement expected to deliver significant economic and strategic benefits,” including expanded trade opportunities, improved market access for exports, increased flows of high-quality investment and job creation, particularly for young Nigerians.

Meanwhile, the Federal Government noted that the tariff elimination would open the UAE market to a wide range of Nigerian agricultural, primary, industrial, and manufactured goods.

Under agricultural and primary products, the UAE will immediately remove tariffs on fish and seafood, cereals and milling products, oil seeds, live animals and meat products, fruits and nuts, raw hides and skins, cotton and vegetable textile fibres, and other animal products.

Tariffs on cocoa and cocoa preparations, coffee, tea & spices, mineral fuels, wood and wood articles, precious stones and metals, and animal and vegetable fats and oils will be removed over three to five years.

For industrial and manufactured goods, the UAE will immediately remove tariffs on pharmaceutical products, organic and inorganic chemicals, paper and paperboard, printed books, and newspapers. It will also phase out tariffs on machinery, vehicles, electrical equipment, apparel, furniture, footwear, ceramics, and glass over three to five years.

However, the UAE will maintain import prohibitions on 35 products, including pork and pork products, narcotic substances, used tyres, and asbestos-containing products.

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On the Nigerian side, the agreement provides market access for UAE industrial and consumer goods. Nigeria will immediately remove tariffs on mineral fuels, machinery, vehicles, electrical equipment, iron and steel, plastics and related articles, while phasing out tariffs on fish, fruits, vegetables, and apparel over five years.

The ministry noted that Nigeria excluded 123 products from tariff elimination, including meat and dairy products, certain vegetables, vegetable oils, cocoa preparations, cereal and flour products, tomato paste, alcoholic beverages, soaps and detergents, and some cotton yarns and fabrics.

“Nigeria’s Import Prohibition List remains in effect as a separate measure,” the statement added.

Beyond goods, the ministry said the CEPA would also deepen services trade and investment flows. Nigeria’s commitments cover 99 specific services across 10 sectors, while the UAE’s commitments cover 108 services across 11 sectors.

“Nigerian business visitors can enter the UAE to explore trade and investment opportunities in the sectors covered under this agreement,” the ministry said, adding that Nigerians could also “establish corporate entities to operate in the UAE.”

The Federal Government added that it secured the agreement to enable Nigerian businesses “to move with confidence, seize opportunities in the UAE, and benefit from robust protections,” noting that the pact would accelerate non-oil exports and support the Federal Government’s Renewed Hope Agenda.

It added that the agreement would also address impediments to foreign direct investment from the UAE into Nigeria and reinforce Nigeria’s position as “the preferred destination for international investors and the gateway into the markets of the ECOWAS sub-region and the African Continental Free Trade Area.”

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The government explained that the CEPA aligns with Nigeria’s obligations under the World Trade Organisation, the AfCFTA, and the Economic Community of West African States, and does not prejudice Nigeria’s commitments under existing regional and continental trade frameworks.

Following the signing, the government has pledged to work with relevant ministries, departments, and agencies, including the Nigeria Customs Service, the Nigerian Export Promotion Council, and the Nigerian Investment Promotion Commission, to implement the agreement and facilitate increased trade and investment flows between the countries.

It advised exporters and investors to seek further information on product coverage, services, rules of origin, and export procedures from the Federal Ministry of Industry, Trade, and Investment, and other relevant agencies.

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Crackdown: US set to deport 79 Nigerians on criminal list

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The United States Department of Homeland Security has said it will deport no fewer than 79 convicted Nigerians listed on its ‘worst-of-the-worst’ criminal list.

PUNCH Metro findings on the DHS website on Monday revealed that the 79 Nigerians were convicted of offences bordering on fraud, drug peddling, assault, manslaughter and robbery, among others.

An accompanying note showed that the convicts were arrested as part of the United States’ crackdown on criminal immigrants.

The note read, “The U.S. Department of Homeland Security is highlighting the worst of the worst criminal aliens arrested by the U.S. Immigration and Customs Enforcement.

“Under Secretary Noem’s leadership, the hardworking men and women of DHS and ICE are fulfilling President Trump’s promise and carrying out mass deportations, starting with the worst of the worst, including the illegal aliens you see here.”

The list showed that the convicted Nigerians include Boluwaji Akingunsoye, Ejike Asiegbunam, Emmanuel Mayegun Adeola, Bamidele Bolatiwa, Ifeanyi Nwaozomudoh, Aderemi Akefe, Solomon Wilfred, Chibundu Anuebunwa, Joshua Ineh, Usman Momoh, Oluwole Odunowo, Bolarinwa Salau, and Oriyomi Aloba.

Others are Oludayo Adeagbo, Olaniyi Akintuyi, Talatu Dada, Olatunde Oladinni, Jelili Qudus, Abayomi Daramola, Toluwani Adebakin, Olamide Jolayemi, Isaiah Okere, Benji Macaulay and Joseph Ogbara.

Also listed are Olusegun Martins, Kingsley Ariegwe, Olugbenga Abass, Oyewole Balogun, Adeyinka Ademokunla, Christian Ogunghide, Christopher Ojuma, Olamide Adedipe, Patrick Onogwu, Olajide Olateru-Olagbegi, and Omotayo Akinto.

Others include Kenneth Unanka, Jeremiah Ehis, Oluwafemi Orimolade, Ayibatonyе Bienzigha, Uche Diuno, Akinwale Adaramaja, Boluwatife Afolabi, Chinonso Ochie, Olayinka A. Jones, Theophilus Anwana, Aishatu Umaru, and Henry Idiagbonya.

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Further names on the list are Okechukwu Okoronkwo, Daro Kosin, Sakiru Ambali, Kamaludeen Giwa, Cyril Odogwu, Ifeanyi Echigeme, Kingsley Ibhadore, Suraj Tairu, Peter Equere, Dasola Abdulraheem, Adewale Aladekoba, and Akeem Adeleke.

Also included are Bernard Ogie Oretekor, Abiemwense Obanor, Olufemi Olufisayo Olutiola, Chukwuemeka Okorie, Abimbola Esan, Elizabeth Miller, Chima Orji, Adetunji Olofinlade, Abdul Akinsanya, Elizabeth Adeshewo, Dennis Ofuoma, and Boluwaji Akingunsoye.

Others are Quazeem Adeyinka, Ifeanyi Okoro, Oluwaseun Kassim, Olumide Bankole Morakinyo, Abraham Ola Osoko, Oluchi Jennifer and Chibuzo Nwaonu.

Trump’s administration has continued to crackdown on criminal and illegal immigrants across the US with many Nigerians in the country affected by the policy.

Saturday PUNCH reported that some Nigerians went into hiding while others are returning home secretly over the intensified deportation campaign led by President Donald Trump’s Immigration and Customs Enforcement.

The sweeping actions, which include house-to-house enforcement raids, have stirred panic, debate and protest, particularly following a series of high-profile, deadly incidents involving the federal immigration officers.

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Trump cuts India tariffs, says Modi will halt Russian oil imports

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US President Donald Trump announced a trade deal to reduce tariffs on India, sending Mumbai stocks soaring on Tuesday, as he said Prime Minister Narendra Modi had promised to stop buying Russian oil over the war in Ukraine.

Trump said he was cutting levies on Indian goods to 18 per cent. He had previously imposed 25 per cent “reciprocal” tariffs on many products, plus an additional 25 per cent for New Delhi’s purchases of Moscow’s oil.

The deal eases months of tensions over India’s oil purchases — which Washington says fund a conflict it is trying to end — and restores the close ties between Trump and the man he describes as “one of my greatest friends.”

But while Modi thanked Trump for the “wonderful” phone call and the easing of tariffs, he made no mention of Trump’s assertion that he would halt Russian oil purchases.

“Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India,” Trump said in a post on Truth Social.

Trump said the United States would lower the reciprocal duty imposed on India during his waves of global “Liberation Day” tariffs last year from 25 per cent to 18 per cent.

A White House official told AFP that an additional 25 per cent tariff Trump had slapped on India in August for its purchase of Russian oil would also be dropped.

Trump added that Modi “agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine.”

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The United States has effectively been overseeing Venezuelan oil exports since toppling the South American country’s leader, Nicolas Maduro, in a military operation in January.

India had further agreed to buy more than $500 billion in US energy, tech, agricultural, coal and other products, Trump said, without giving further details.

Indian investors welcomed the news, sending Mumbai’s Nifty index up almost five per cent at the open.

Modi was one of the first leaders to visit the White House after Trump’s return to the presidency a year ago, but efforts to secure a trade deal had foundered over India’s Russian oil purchases.

As recently as December, Russian President Vladimir Putin said during a visit to New Delhi that he was ready to continue “uninterrupted shipments” of fuel to India despite US pressure.

Trump also said in October that Modi had promised to stop buying Russian oil, but an agreement did not materialise at the time.

“Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18 per cent,” Modi said in a post on X on Monday.

The Indian leader, however, made no mention of oil sales.

A recent EU-India accord may have been a catalyst for the sudden Trump announcement, said Tanvi Madan, senior fellow at the Brookings Institution’s Centre for Asia Policy Studies.

“It is possible that the Indian trade agreement with the EU… incentivised Washington to get to yes,” Madan told AFP.

Madan added that the “devil will be in the details” in the sectors that will get relief under the deal.

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For India, “the Russia question remains,” said Farwa Aamer, director of South Asia initiatives at the Asia Society Policy Institute.

“Even though it has and will change its oil import structure away from Russia, India would still want to keep relations steady,” Aamer added.

India emerged as a major buyer of Russian oil after the start of the Ukraine war, providing Moscow with a crucial export market as Europe sharply reduced purchases.

In 2024, Russia supplied nearly 36 percent of India’s total crude imports, around 1.8 million barrels of discounted oil per day.

Modi added, however, that “President Trump’s leadership is vital for global peace, stability, and prosperity.”

Trump has repeatedly claimed credit for ending the brief but intense armed conflict between nuclear-armed neighbours India and Pakistan in May.

AFP

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Bill, Hillary Clinton to testify in US House Epstein probe

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Bill and Hillary Clinton will testify in a US House investigation surrounding deceased sex offender, Jeffrey Epstein, a spokesman for the ex-president said, heading off a potential vote to hold the couple in contempt.

They had originally refused to appear before lawmakers examining how authorities handled earlier investigations into the disgraced financier, who had connections and correspondence with the world’s business and political elite.

“The former President and former Secretary of State will be there. They look forward to setting a precedent that applies to everyone,” Clinton spokesman, Angel Urena, said on X.

The House Rules Committee had advanced resolutions accusing the Clintons of defying subpoenas to appear in person to explain their links to Epstein, who died in custody in 2019.

The Epstein affair continues to cast a long shadow over Washington, entangling some of the most prominent names in US politics and highlighting the sharp partisan battles that have shaped the scandal.

Democrats say the probe is being weaponised to attack political opponents of President Donald Trump — himself a longtime Epstein associate who has not been called to testify — rather than to conduct legitimate oversight.

Trump spent months trying to block the disclosure of investigative files linked to Epstein, who moved in elite circles for years, cultivating ties with billionaires, politicians, academics and celebrities.

– Democratic divisions –

Neither Trump nor the Clintons have been accused of criminal wrongdoing related to Epstein’s activities.

In letters where they initially refused to appear in Washington, the Clintons had argued that the subpoenas were invalid because they lacked a clear legislative purpose.

Republicans say the Democratic couple’s past links to the business tycoon, including Bill Clinton’s use of his private jet in the early 2000s, justify in‑person questioning under oath.

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Instead, the couple submitted sworn written statements describing their knowledge of Epstein and his associate Ghislaine Maxwell, who is serving a 20-year prison sentence for sex trafficking.

Bill Clinton acknowledged flying on Epstein’s plane for Clinton Foundation-related humanitarian work, but said he never visited his private island.

Hillary Clinton said she had no meaningful interactions with Epstein, never flew on his plane and never visited his island.

After the Clintons agreed to testify, the Rules Committee decided Monday evening to suspend for the time being its vote on the contempt proceedings.

The vote and its targeting of the Clintons could have exposed divisions among congressional Democrats.

Some Democrats have privately acknowledged that their party has long argued no one should be beyond scrutiny in efforts to uncover the full scope of Epstein’s crimes.

But others feared that advancing the contempt resolutions would have played into a partisan strategy to shift attention away from Trump’s  past contacts with Epstein.

The Justice Department released last week what it said would be the final batch of files related to the investigation into Epstein.

AFP

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