President Cyril Ramaphosa is set to join in the inauguration of His Excellency President-Elect Bola Ahmed Tinubu today, May 29, 2023.
South Africa and Nigeria maintain a strategic partnership in pursuit of strengthened bilateral co-operation and towards the fostering of peace, stability, and economic development on the continent.
The two countries share a common vision on issues of political and economic integration in Africa, the need for sustainable conflict resolution and the need for the reform of multilateral institutions, especially the United Nations Security Council (UNSC).
South Africa and Nigeria are engaged in growing economic cooperation, as evidenced by increasing trade and mutual investments.
READ ALSO: Tinubu takes oath as President, as Nigerians demand quick actions
South Africa and Nigeria account for approximately a third of Africa’s economic output, with each accounting for 60% – 70% of the economies in their sub-regions.