EU announces over €900m financial support to Nigeria

The European Commissioner for International Partnerships Jutta Urpilainen, says a financial package of over €900 million (₦728 billion) will be used to drive education, energy and transport projects across Nigeria.

The package together with Team Europe, forms a central part of the EU-Nigeria cooperation to advance the country’s green, resilient, digital inclusive transition under Government priorities and Global Gateway.

The European Commissioner for International Partnerships, Ms Jutta Urpilainen, stated this on Thursday at the EU – Nigeria Strategic Dialogue meeting with the Minister of Budget and Economic Planning Senator Abubakar Atiku Bagudu and other ministers in Abuja.

Ms Urpilainen said the financial package would drive development in education, energy and transport programmes across Nigeria.

“I am delighted to be visiting Nigeria to further strengthen our partnership, and I look forward to launching a package of new actions, as part of the Global Gateway strategy and EU support to Government priorities. Building on our long-standing cooperation, and in the best spirit of shared responsibility, commitment and accountability, the EU will continue to invest in our common future and priorities of security, democracy and prosperity for all – not least through the package of loans and grants I am signing and launching here today that will benefit the Nigerian businesses, farmers, youth and the society a as whole.” She said

The Minister of Budget and Economic Planning, Senator Atiku Bagudu, said government was committed to investments that would harness the potentials of citizenry for productivity, economic growth and development.

According to Bagudu “Today marks yet another milestone in the annals of the EU-Nigeria development cooperation. The EU -Nigeria relations is one of the most vibrant development partnerships in terms of volume, thematic interventions, modalities and geographical spread in deployment of resources. The EU-Nigeria Strategic Dialogue is happening at the take-off of the current Administration in Nigeria and presents opportunities for proper articulation and consolidation of priorities in our Partnership’’

Major Focus

Developed jointly between the EU and Nigeria, the package will drive new programmes through Global Gateway:

Climate smart agriculture (€29 million)

Sustainable energy (€37 million)

Access to health services (€45 million)

Education: support to youth and education development in the North West region (€5.4 million) which will launch to contribute to policy improvement of the teaching profession and the capacity building of teachers.

The package will also contribute to building access in the Nigerian social protection safety net (€46 million), support to border management and reintegration of returnees (€28.4 million), support to the Disarmament, Demobilisation and Reintegration of Boko Haram combatants in the North East region (€20 million) and, last but not least, support to improving the criminal justice system, access to justice and the fight against corruption (€30 million)


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