Nigeria and Europe to Forge Long-term Investment Ties

Massimo De Luca, representing the European Union, stated that Nigeria and Europe must build long-term investment partnerships during the upcoming 10th Nigeria-EU Business Forum, set for June 25, 2026, in Lagos. This forum will gather senior policymakers, investors, development finance institutions, and business leaders from Nigeria and Europe to advance economic cooperation.

De Luca highlighted the evolving economic relationship between Nigeria and the EU, noting that the focus is shifting from mere cooperation to competitive investment in infrastructure and innovation. The forum aims to strengthen economic ties and deepen investor confidence by showcasing opportunities across strategic sectors.

With an estimated €38 billion in foreign direct investment (FDI) stock, European companies play a significant role in Nigeria's economy, particularly in manufacturing, logistics, and energy. The event will facilitate direct engagement between decision-makers and the private sector, aiming to create viable commercial partnerships and enhance long-term economic growth.