Nigeria and EU Deepen Economic Cooperation Ahead of Business Forum

Nigeria is actively working to deepen its economic cooperation with the European Union, with both parties gearing up for the 10th Nigeria-EU Business Forum scheduled for June 25, 2026, in Lagos. Minister of Budget and Economic Planning, Atiku Bagudu, highlighted the forum as a strategic avenue for attracting investment, cultivating partnerships, and advancing initiatives crucial for enterprise development, competitiveness, and long-term economic prosperity.

Bagudu emphasized Nigeria's commitment to fostering an environment conducive to sustainable economic growth and investment. "The Forum provides an important platform for engaging with investors and partners, strengthening economic cooperation, and advancing initiatives that support enterprise, competitiveness, and long-term prosperity," he stated. The upcoming event is expected to convene senior government officials, investors, development partners, and business leaders from both Nigeria and Europe to explore avenues for enhancing trade and investment relations.

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Nigeria remains committed to creating the conditions for sustainable economic growth and investment. The Forum provides an important platform for engaging with investors and partners, strengthening economic cooperation, and advancing initiatives that support enterprise, competitiveness, and long-term prosperity.

Discussions at the forum will concentrate on mobilizing private capital, reinforcing value chains, and generating new opportunities for businesses operating in both Nigerian and European markets. The agenda also includes high-level policy dialogues, business-to-business meetings, and an exhibition showcasing investment-ready projects and innovative solutions. The Ambassador of the European Union to Nigeria and ECOWAS, Gautier Mignot, described the forum as a key platform for transforming economic ambitions into tangible outcomes.

Mignot noted, "The Nigeria–EU Business Forum has become a platform where ambition meets execution. This tenth edition underscores our shared commitment to mobilizing investment at scale and delivering sustainable economic impact." Organizers anticipate that this edition will build upon the successes of previous forums by facilitating new partnerships, strengthening investment pipelines, and encouraging dialogue on policy reforms, financing, and innovation. The forum takes place as Nigeria intensifies its efforts to attract foreign direct investment and accelerate economic growth through ongoing reforms in fiscal, monetary, and business environments. The EU remains a significant trading and investment partner for Nigeria, with cooperation extending across various sectors including agriculture, renewable energy, manufacturing, infrastructure, digital innovation, and sustainable development.

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The Nigeria–EU Business Forum has become a platform where ambition meets execution. This tenth edition underscores our shared commitment to mobilizing investment at scale and delivering sustainable economic impact.