Monday, July 20, 2026

Soyinka, Cardoso back Nigeria-Brazil cultural renaissance

Nobel Laureate Wole Soyinka and Central Bank of Nigeria (CBN) governor, Yemi Cardoso, have called for a deeper Nigeria-Brazil cultural renaissance for the cultural and economic benefit of both nations

• August 31, 2025
Wole Soyinka and Luiz Inácio Lula da Silva
Wole Soyinka and Luiz Inácio Lula da Silva

Nobel Laureate Wole Soyinka and Central Bank of Nigeria (CBN) governor, Yemi Cardoso, have called for a deeper Nigeria-Brazil cultural renaissance for the cultural and economic benefit of both nations.

‎The duo made the call during a landmark cultural and heritage event held in the Legislative Chambers of Brasília, on the sidelines of President Bola Tinubu’s state visit to Brazil.

Mr ‎Soyinka lauded Presidents Tinubu and Luiz Inácio Lula da Silva for their strong commitment to strengthening ties between Africa and its diaspora through cultural exchange.

‎He urged greater involvement from all stakeholders to ensure the process is seamless, enriching, and a driver of economic growth.

The event served as a platform for Mr Soyinka to spotlight his “Return to Africa project,” an initiative symbolising spiritual and cultural reconnection with Africa.

‎The project traces the transatlantic slave trade route, ending at the symbolic “Point of No Return” in Badagry, Nigeria.

‎“It is a symbolic return,” Mr Soyinka said. “Not about physically going back, but spiritually reconnecting with our African heritage, highlighting the resilience and strength of the African people.”

‎CBN governor, Mr Cardoso, told journalists that the visit was a strategic moment for cultural diplomacy and economic cooperation, especially through private sector involvement.

Mr ‎Cardoso, an Afro-Brazilian descendant, highlighted the importance of direct flights between Nigeria and Brazil in strengthening cultural ties.

‎“As an Afro-Brazilian descendant, I take great pride in this moment of connection and mixing of peoples.

‎“This state visit and the signature of MOUs have reinforced the importance of collaboration between Brazil and Nigeria.

‎“President Lula mentioned how trade has dropped between us and stressed the urgency to reverse that,” Mr Cardoso said.

‎The CBN governor highlighted the similarities between the two countries and his childhood experience of travelling to Brazil.

‎He also encouraged Brazilians visiting Nigeria to leverage ongoing banking reforms that simplify cross-border transactions and investments.

‎”I can tell you that Nigerian banks are now building products around the diaspora. Unlike before, it’s now easier to open an account.

‎”You can do it from your home, it’s now digitalised. They are building products around the IBVN, so you can open an account, you can invest, you can buy things, unlike before. This is great for both countries,” Mr Cardoso said.

(NAN)

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