European Union flags. Photo: EU
The European Union has reaffirmed its commitment to expanding investments in Nigeria and strengthening regional trade, describing the country as a strategic economic hub with access to more than 400 million consumers across West Africa.
The commitment was made at the 10th Nigeria-European Union Business Forum in Lagos, where European and Nigerian government officials, business leaders, investors and development partners gathered to explore new opportunities for trade, investment and sustainable economic growth, according to a statement by the EU delegation to Nigeria and ECOWAS on Saturday.
In a video message to participants, the High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission, Kaja Kallas, said Nigeria remained one of the bloc’s most important partners in Africa and a priority destination for European investors.
“The choice to come to Nigeria was no coincidence. Nigeria is an economic powerhouse on the African continent and an important partner for the European Union today,” she said.
