Nigeria’s Foreign Minister Yusuf Tuggar has called on global powers to stop viewing Africa as a warehouse of raw materials, insisting that trade with the continent must prioritize fairness and shared growth.
Speaking at a summit in Abu Dhabi, Tuggar criticized what he described as decades of one-sided trade arrangements that treat African nations as mere suppliers of commodities.
“Trading with Africa isn’t a scavenger hunt for oil and minerals,” he remarked, comparing exploitative practices to the digital building game Minecraft.
He urged developed nations to build mutually beneficial partnerships instead of extractive ones, warning that instability, forced migration, and inequality will persist unless the continent’s development is prioritized.
Nigeria Unfazed by U.S. Tariff Policy
Tuggar downplayed concerns about U.S. President Donald Trump’s 15% import tariffs, emphasizing that Nigeria’s economy remains resilient because its main exports, oil and gas are exempt.
He noted that as Africa’s most populous nation, with over 230 million citizens, Nigeria has diversified its trading relationships to reduce dependency on Western economies. The country maintains active trade with China, India, and Brazil, strengthening its global standing.
To attract investors, the minister listed key reforms including:
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Efforts to stabilize the foreign exchange market.
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Renewed access to foreign currencies.
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Corporate tax incentives.
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Power sector restructuring and renewable energy expansion.
Tuggar said these measures are helping Nigeria rebuild investor confidence while advancing its clean energy transition.
Power Supply Remains Nigeria’s Achilles’ Heel
Despite optimism, Tuggar admitted that electricity shortages remain a serious obstacle to economic growth. Nearly four in ten Nigerians still lack grid access, forcing many households and companies to rely on diesel generators.
Decades of promises to overhaul the energy sector have fallen short, discouraging investors and slowing development. Tuggar acknowledged the problem but pointed to ongoing reforms, saying the government is determined to deliver sustainable power that supports businesses and improves quality of life.
Tuggar Dispels Myths About Religious Persecution
The foreign minister also addressed false narratives circulating online about alleged “Christian persecution” in Nigeria, a claim amplified by some international groups.
He described these reports as inaccurate and politically motivated, urging the global community to understand Nigeria’s true diversity.
“Nigeria is home to over 200 ethnic groups and multiple faiths that coexist peacefully,” he said. “Mosques and churches stand side by side in most communities.”
Tuggar explained that while the country experiences sporadic violence, most conflicts arise from land and ethnic disputes, not religion. The Boko Haram insurgency, which has plagued the northeast for years, has mostly targeted Muslim populations, he added.
Pushing for a Redefined Global Partnership
Tuggar’s remarks reflect a growing African consensus that the continent must not remain a supplier of raw materials while others reap the profits.
He emphasized that Nigeria seeks equal partnerships that foster job creation, technology transfer, and infrastructure development. This aligns with the nation’s efforts to reform governance, attract sustainable investment, and combat corruption.
“Africa doesn’t need sympathy; it needs fair opportunities,” Tuggar asserted. “Our resources should benefit our people first.”
Outlook for Africa’s Largest Economy
Nigeria’s position is clear, global trade must empower, not exploit. While U.S. tariffs may pose short-term challenges, ongoing reforms and regional partnerships could secure long-term stability.
As Tuggar noted, Nigeria’s vast population and economic potential make it a cornerstone for Africa’s growth, but success depends on building relationships grounded in fairness, respect, and shared prosperity.
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