Nigeria and the European Union (EU) are deepening economic ties through a proposed €1.3 billion investment package aimed at strengthening infrastructure, green finance, and trade.
During a meeting in Abuja, Finance Minister Wale Edun and EU Ambassador Gautier Mignot discussed a structured trade and investment dialogue to enhance foreign direct investment (FDI) and sustainable development in Nigeria.
Edun reaffirmed Nigeria’s commitment to macroeconomic stability and investment-friendly policies, highlighting ongoing reforms in tax policy, trade facilitation, and private sector-led growth. With GDP projected to grow by 4.6% by 2025, the government is targeting key sectors such as agriculture, technology, and manufacturing.
The discussions also covered major infrastructure projects like the Trans-Saharan Gas Pipeline and Nigeria’s push for green finance solutions. Both parties expressed optimism that the partnership would accelerate digital innovation, energy transition, and job creation.
