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Brazil’s leader arrives Nigeria

Jonathan introduces his ministers to President Dilma Rousseff

Brazil’s President Dilma Rousseff met with Nigeria’s leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to focus on boosting trade, notably in the energy sector.

Nigeria is Brazil’s main commercial partner in Africa, with bilateral trade soaring 500 percent from $1.5 billion in 2002 to $9 billion last year.

Jonathan introduces his ministers to President Dilma Rousseff
Jonathan introduces his ministers to President Dilma Rousseff

Brazil’s state-owned oil company Petrobras has invested hundreds of millions of dollars in Nigeria’s coal, oil, natural gas and alternative energy sectors.

Brazil is looking to expand energy ties with Nigeria, Africa’s top oil producer, to fuel its growing economy.

At a major industry conference in Abuja last month, Nigeria’s Oil Minister Diezani Alison-Madueke said that growing oil and gas production in the United States had begun affecting Nigerian exports and that the west African nation would have to look to different markets.

President Dilma Rousseff with Nigeria's female ministers, Ngozi Okonjo Iweala and Stella Oduah
President Dilma Rousseff with Nigeria’s female ministers, Ngozi Okonjo Iweala and Stella Oduah

The fall is US exports was due in part to a rise in American shale oil production, including through new technologies like fracking, Alison-Madueke said.

Rousseff arrived in Nigeria after attending the Africa-South America summit in Equatorial Guinea, also a significant west African oil producer.

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