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Tag: Brazil

Brazil’s President Lula to Seek Fourth Term in 2026

Fola Badmus05 mins

Brazilian President Luiz Inacio Lula da Silva has announced he will run for re-election next year, seeking a fourth nonconsecutive term. Speaking during a state visit to Indonesia on Thursday, President Lula said he remains energised despite his age. “I’m turning 80, but you can be sure I have the same energy I had when I was 30. And I’m going to run for a fourth term in Brazil,” Lula told reporters in a joint news conference with Indonesian President Prabowo Subianto. He then turned to Subianto to deliver a quip: “I’m telling you this because we’re still going to see each other many times.” Brazil’s constitution allows presidents to serve only two consecutive terms. Lula, who served two terms in 2003-2010, returned to office in 2023 after 13 years out of power and thus remains eligible to run again. The Brazilian leader is currently on a diplomatic trip across Asia. After his visit to Indonesia, Lula will head to Malaysia to attend the Association of Southeast Asian Nations (ASEAN) summit. While in Malaysia, Lula is expected to meet on Sunday with United States President Donald Trump, their first in-person encounter following a conciliatory phone call earlier this month, Brazilian media has reported. The two leaders have clashed over the prosecution of former far-right Brazilian President Jair Bolsonaro — an ally of Trump — and international trade. Trump and Lula are expected to discuss the 50-percent trade tariff that Trump imposed on Brazil in August, in protest against the Bolsonaro prosecution. Lula had previously said his 2022 presidential bid would be his final campaign, both because of his age and because he believed the country needed political renewal. That election saw him narrowly defeat Bolsonaro in a run-off. But early in his current term — his third — Lula began hinting that he might run again. In February 2023, the president said he could seek re-election in 2026, adding that his decision would depend on the country’s political context and his health. A dominant figure on Brazil’s left, Lula is the country’s longest-serving president since its return to democracy 40 years ago. Some Brazilian politicians have expressed concern about Lula’s age and recent health issues. He underwent emergency surgery to treat a brain bleed late last year after a fall in the bathroom. Still, Lula frequently insists he remains healthy and energetic, often sharing workout videos on social media. Lula currently leads all polls for the 2026 election, though roughly half of voters say they disapprove of him. Trump’s tariffs reenergised the Brazilian leader and pushed his popularity up. His main political rival, Bolsonaro, has been barred from running for office and was sentenced in September to 27 years in prison for attempting a coup. While no strong opposition candidate has yet emerged, analysts say a viable contender is likely to depend on Bolsonaro’s backing as he serves his sentence under house arrest.

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President Tinubu Returns to Abuja After Successful State Visit to Brazil, Secures Key Bilateral Deals

Fola Badmus04 mins

President Bola Ahmed Tinubu arrived back in Abuja at approximately 1:20 a.m. on Thursday following a productive three-day state visit to Brazil. The visit resulted in several significant agreements aimed at deepening Nigeria’s economic and diplomatic ties with South America’s largest economy. The President was welcomed at the Presidential Wing of the Nnamdi Azikiwe International Airport by a high-profile delegation, including Plateau State Governor Caleb Mutfwang, Kaduna State Governor Uba Sani, Imo State Governor Hope Uzodinma, and Kwara State Governor AbdulRahman AbdulRazaq. Also present were top officials such as Speaker of the House of Representatives Tajudeen Abbas, Deputy Senate President Barau Jibrin, Chief of Staff Femi Gbajabiamila, National Security Adviser Nuhu Ribadu, and several ministers, including Nyesom Wike (FCT), Abubakar Atiku Bagudu (Budget and Economic Planning), and Bello Matawalle (Defence, State). During the visit, Nigeria and Brazil signed five key Memoranda of Understanding (MoUs), covering aviation, trade, diplomacy, science, and finance. One notable development was the signing of a Bilateral Air Services Agreement that will enable direct flights between Lagos and São Paulo, to be operated by Air Peace. Additionally, President Tinubu announced the return of Petrobras, Brazil’s state-owned oil giant, to Nigeria, marking a significant shift after the company’s exit from joint ventures five years ago. “We have the largest gas repository in the world. So I don’t see why Petrobras doesn’t rejoin Nigeria as a partner as soon as possible,” Tinubu stated during a joint press conference with Brazilian President Luiz Inácio Lula da Silva in Brasília. Other key agreements included political consultations, scientific collaboration, and agricultural financing, with Nigeria’s Bank of Agriculture and Brazil’s National Bank for Economic and Social Development playing pivotal roles in these efforts. While in Brazil, President Tinubu also courted Brazilian investors, highlighting Nigeria’s stable and transparent economic environment. He pointed to recent growth in Nigeria’s capital markets as evidence of renewed investor confidence and committed to implementing reforms aimed at unlocking capital, protecting investments, and fostering innovation. In a meeting with Nigerians living in Brazil, the President encouraged the diaspora to take a more active role in Nigeria’s development, particularly in driving technology-driven growth and food security. “We must bring Nigeria to the forefront of Africa’s progress, driven by technology, food sovereignty, and the courage to change our destiny,” Tinubu emphasized. The visit also featured red-carpet honors, cultural exchanges, and productive bilateral talks, which both leaders hailed as the beginning of a new era in Nigeria-Brazil relations.

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Nigeria, Brazil Set to Sign Bilateral Air Service Agreement for Direct Flights

Fola Badmus02 mins

Nigeria is preparing to sign a historic Bilateral Air Service Agreement (BASA) with Brazil, a move expected to unlock direct flights between the two nations. The agreement, which has completed all statutory processes including Federal Executive Council approval, is set to be executed during President Bola Tinubu’s upcoming state visit to Brasilia at the invitation of President Luiz Inácio Lula da Silva. The agreement paves the way for four to five weekly direct flights, likely to be operated by Nigerian carriers such as Air Peace and Caverton. Officials say the move will cut travel time, lower logistics costs, and expand trade corridors for agricultural products, manufactured goods, and services. Beyond commerce, the BASA is also expected to deepen cultural exchanges, especially given Brazil’s strong Yoruba heritage, which ties back centuries to Nigeria. The journey toward this milestone began in May 2025 when Nigeria’s Minister of Aviation and Aerospace Development led a delegation to Brazil for bilateral talks. Those discussions established a technical working group that worked swiftly to harmonize the agreement, ensuring that bureaucratic bottlenecks did not delay progress. In addition to direct flights, both countries are exploring broader cooperation in aviation, including pilot training and airport infrastructure upgrades. Officials describe the partnership as more than an air agreement, but a bridge of opportunity—one that connects Africa and South America through trade, tourism, and shared cultural heritage.

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Brazil Coach Carlo Ancelotti Gets One-Year Suspended Sentence in Spanish Tax Case

Fola Badmus11 mins

A Spanish court has sentenced Brazil national team coach and former Real Madrid manager Carlo Ancelotti to a one-year prison term for tax fraud relating to his image rights earnings in 2014. The ruling, handed down on Wednesday by a court in Madrid, found the Italian coach guilty of failing to declare revenues from his image rights while managing Real Madrid during his first spell at the club. However, under Spanish law, first-time non-violent offenders receiving sentences under two years are rarely required to serve jail time. This means Ancelotti is unlikely to spend any time in prison. The court also acquitted Ancelotti of a second alleged tax offense from 2015, ruling there was insufficient evidence to prove wrongdoing during that year. Ancelotti, who is set to take charge of Brazil at the 2026 FIFA World Cup, has not yet publicly commented on the verdict.

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Tinubu jets out to Brazil

Fola Badmus03 mins

President Bola Tinubu will leave Abuja for Rio de Janeiro, Brazil on Sunday to attend the 19th meeting of the G20 Leaders’ Summit taking place in the South American country. The Nigerian leader’s participation, according to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, is at the instance of the Brazilian President and current President of the group, Luiz Inacio Lula da Silva. The Summit holding from Monday, November 18 to Tuesday 19, will bring together leaders from the world’s top 20 economies, including the European Union, the African Union, and multilateral financial institutions among others. This year’s meeting, under the theme, ‘Building a Just World and a Sustainable Planet,’ will see the participants discuss the fight against hunger and poverty; reform of the Institution of global governance and; sustainable development and Energy Transition. Nigeria has always strongly advocated for a reform of the global governing institutions, and often presented its impressive credentials as a strong contender for a permanent seat on the United Nations Security Council. President Tinubu is also expected to hold bilateral meetings on the sidelines of the Summit in advancement of Nigeria’s socio-economic reforms. He will be accompanied by top government officials including the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, Ministers of Livestock Development, Idi Mukhtar Maiha, Art, Tourism, Culture and Creativity, Hannatu Musawa, Minister of State for Agriculture and Food Security, Dr. Aliyu Sabi Abdullahi and the Director General of the National Intelligence Agency, Ambassador Mohammed Mohammed. The President will return to Nigeria at the end of the visit.

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