Will Nigeria announce a new bilateral agreement involving at least ₦50 billion in trade, investment, infrastructure, or security cooperation with a foreign government before August 20, 2026?

Outcome: YES

How this forecast is settled

Nigeria has been notably active on this front recently, it reaffirmed trade ties with Uganda in July 2026 and proposed new investment-protection and double-taxation agreement,assigned a double-taxation treaty with Hong Kong in mid-July 2026, pledged deeper trade, energy, and security cooperation with Germany, and progressed an agro-trade market access partnership with Brazil.

Resolution

Yes. President Bola Ahmed Tinubu approved a landmark deep offshore oil and gas investment framework through the State House, Abuja targeting up to $50 billion (approximately over ₦75 trillion) in capital investment, announced on August 11, 2026.

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