President Bola Ahmed Tinubu’s visits to France have reached seven since he assumed office, as Nigeria’s trade with the European country rose significantly between 2023 and 2025, while French investment in Nigeria more than doubled.
Figures comparing the periods before and during the Tinubu administration show that Nigeria’s total trade with France increased from N4.71 trillion between 2020 and 2022 to N18.56 trillion between 2023 and 2025.
This represents an increase of approximately 294 per cent in total trade between the two countries.
Investment also recorded a substantial rise during the period under review. French investment in Nigeria increased from $100.76 million between 2020 and 2022 to $233.22 million between 2023 and 2025, representing an increase of approximately 131.5 per cent.
The figures come amid increased high-level diplomatic and economic engagements between Nigeria and France under President Tinubu, including his repeated visits to the country.
The growing trade and investment figures highlight the expanding economic relationship between Nigeria and France, with bilateral engagements increasingly focusing on trade, investment and economic cooperation.
While the figures show a sharp rise in the value of trade and investment during the 2023–2025 period, the data cover three-year periods and therefore do not, on their own, establish that the increase was caused solely by the President’s visits.
Nigeria and France have maintained longstanding diplomatic and economic relations, with France remaining one of Nigeria’s major European partners.
Credit: TheCable
