EU commits €300 million to new tasks in Nigeria’s North-West and North-East areas
The European Union (EU) has introduced a €300 million dedication to fund new growth tasks in Nigeria’s North-West and North-East areas, reinforcing its long-standing partnership with the nation.
In accordance with a report by the Information Company of Nigeria (NAN), the EU Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot, disclosed the pledge throughout the 2025 Europe Day celebration held in Abuja.
He highlighted the shared imaginative and prescient between the EU and Nigeria for a extra inclusive, affluent, and rules-based international order that meets the realities of the twenty first century.
EU’s World Gateway Technique
Mignot disclosed that the €300 million funding is a part of the EU’s World Gateway technique, which seeks to create extra alternatives for Nigerians, notably ladies and youth.
The tasks will concentrate on addressing developmental challenges in areas affected by insecurity and underdevelopment.
“Since my arrival final September, I’ve witnessed tangible progress in our partnership with Nigeria.
“By way of the World Gateway initiative, we’re rolling out significant tasks, together with €300 million value of recent interventions within the North-West and North-East this 12 months,” Mignot mentioned.
He reiterated the EU’s function as Nigeria’s largest buying and selling accomplice and expressed optimism about strengthening cooperation in commerce, funding, governance, and growth.
“In a fast-changing world, the EU stays a steady and dependable accomplice for Nigeria—and Nigeria, likewise, for the EU,” he added.
EU’s ties with Africa
The Ambassador additionally emphasised the EU’s dedication to deepening ties with Africa by way of regional partnerships with ECOWAS and the African Union.
- He famous that international ministers from the EU bloc would quickly meet in Brussels to arrange for the upcoming EU-AU Summit, which will even commemorate 25 years of EU-Africa relations.
- Nigeria’s Minister of Finances and {Economic} Planning, Senator Atiku Bagudu, counseled the EU for the extra assist.
- He highlighted how EU-backed empowerment packages have helped curb youth restiveness and handle developmental gaps in weak areas.
“Right now reaffirms the EU’s dedication to peace, solidarity, and sustainable growth—values Nigeria deeply shares. The EU’s assist in areas like public well being, schooling, digital financial system, and local weather motion has had a big impression,” Bagudu mentioned.
He additional famous that the EU’s contributions align with Nigeria’s Nationwide Growth Plan (2021–2025) and President Bola Tinubu’s Renewed Hope Agenda.
Over the previous six many years, the EU-Nigeria relationship has expanded throughout a number of sectors, with the EU enjoying a key function in peacebuilding, governance reforms, and human capital growth, notably in conflict-affected areas just like the Niger Delta and North-East.
