Nigeria and Denmark have signaled a shared intent to broaden their bilateral trade and investment scope, leveraging ongoing domestic macroeconomic reforms to unlock new private-sector opportunities across key growth sectors.

Speaking during a courtesy visit by Jens Ole Bach Hansen, Danish Ambassador to Nigeria, Abubakar Bagudu, Nigeria’s Minister of Budget and Economic Planning, highlighted the Federal Government’s commitment to expanding economic cooperation amidst shifting global trade dynamics and protectionist pressures.

According to Bagudu, Nigeria’s policy has always been anchored in building strong bilateral partnerships, especially with countries that share a commitment to inclusive growth, sustainable development, and shared prosperity.

He also noted that the President Bola Ahmed Tinubu’s Administration’s Renewed Hope Agenda is working to correct decades of capital underinvestment across critical sectors by creating a transparent, competitive climate designed to de-risk private investment.

“Correcting decades of underinvestment across almost all sectors can only be achieved by learning from countries that have successfully solved similar challenges, especially those with strong and vibrant private sectors