Abuja, Nigeria –The Nigerian government has reiterated its dedication to enhancing relationships with the European Union (EU).
This aligns with the European Bank for Reconstruction and Development’s (EBRD) opening of its first West African office in Lagos.
Consequently, this marks a significant milestone in the EBRD’s gradual expansion into sub-Saharan Africa after Nigeria became its 77th shareholder in February 2025.
Additionally, during a visit to the Presidential Villa, Ambassador Gautier Mignot, the EU Delegation Head to Nigeria and ECOWAS, announced this important development.
This highlights Nigeria’s strategic importance and ongoing efforts to strengthen international partnerships in the region.
Vice-President Kashim Shettima thanked the EU for its sustained support and highlighted expanding collaboration in trade, investment, and youth empowerment.
Shettima stressed that Nigeria is embracing economic openness under President Bola Tinubu’s leadership.
He pointed out Tinubu’s swift actions to tackle structural challenges, signaling a welcoming environment for business.
“Nigeria is now more prepared than ever for investment,” he stated, adding that EU cooperation goes beyond economics.
The Vice-President also acknowledged the EU’s humanitarian aid in conflict zones like Borno State, where he once governed.
He expressed Nigeria’s gratitude for the EU’s stabilization efforts in the region.
Stanley Nkwocha, the Vice-President’s media aide, reported that Ambassador Mignot emphasized the need for a reliable EU-Nigeria partnership amid global uncertainties. The Ambassador described Nigeria as a vital 21st-century ally for Europe.
Additionally, Mignot reiterated the EU’s dedication to the UN Charter, Sustainable Development Goals, and gender equality initiatives.
“The EU promotes fair trade, equitable global partnerships, and respect for sovereignty,” he said. He noted that West Africa and Nigeria remain top priorities due to their shared future with Europe.
This strengthened alliance is set to drive mutual progress and enhance regional stability as both navigate global economic and geopolitical challenges. The EBRD’s presence will further stimulate investment, reinforcing Nigeria’s position as a key African economy.
With these developments, Nigeria and the EU aim to deepen collaboration, ensuring long-term benefits for both parties. The partnership underscores a shared vision for sustainable growth and prosperity in an increasingly interconnected world.
