The Federal Government and the European Union reaffirmed their commitment to deepening their strategic economic partnership as part of efforts to attract greater investment, expand trade and accelerate sustainable economic growth according to a statement by the EU delegation to Nigeria and ECOWAS on Friday in Abuja.

The commitment was reaffirmed at the 10th Nigeria–EU Business Forum, where government officials and European partners said ongoing economic reforms and stronger policy coordination were positioning Nigeria for increased investment and long-term private sector-led growth.

Speaking at the forum, the Ambassador of the European Union to Nigeria and ECOWAS, Gautier Mignot, said the event marked the first major milestone since both sides elevated their relationship to a strengthened Strategic Partnership during the EU–Nigeria Ministerial Meeting in March 2026.

“Today’s Business Forum is the first concrete illustration of this common purpose,” Mignot said.

He noted that the European Union accounts for 31 per cent of Nigeria’s foreign trade and remains the country’s largest source of foreign direct investment.