HomeNigeriaNigeria Reaffirms Commitment to Depeen Partnership With EU

Nigeria Reaffirms Commitment to Depeen Partnership With EU

By Shiktra Shalangwa, Abuja

The Nigerian Government has reaffirmed its commitment to deepening its strategic partnership with the European Union, EU and the European Investment Bank (EIB) to advance the country’s development priorities.

The Minister of State for Budget and Economic Planning (FMBEP), Dr. Doris Uzoka-Anite made this disclosure during a courtesy visit of the Vice President of the European Union Investment Bank, Mr. Ambroise Fayolle in company of the Head of the European Union Delegation to Nigeria, Mr. Gautier Mignot to the Ministry.

Dr. Uzoka-Anite stressed that the Federal Government remains committed to creating an enabling environment for investment and development finance, consistent with the objectives of the Renewed Hope Agenda and the Nigeria Agenda 2050.

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The Minister of State seized the opportunity to express appreciation for the EIB’s continued support while looking forward to further collaboration in delivering high impact projects that contribute to Nigeria’s economic transformation and prosperity.

Earlier, the Vice President of the European Investment Bank, Mr. Ambroise Fayolle noted that the aim of the visit was to review the expanding cooperation between Nigeria and the EIB, especially in the areas of infrastructure development, climate resilience, digital connectivity, private sector development and sustainable financing.

Discussions also focused on the EIB’s portfolio in Nigeria, currently estimated at £2.7b, which underscores the Bank’s confidence in Nigeria’s economic potential, reform trajectory and strategic importance within the European Union’s global gateway framework.

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