Odimmegwa Johnpeter/Abuja
The Federal Government has re-affirmed its willingness to deepening it’s strategic partnership with the European Union and the European Investment Bank (EIB) in order to advance the country’s development priorities. This was contained in a statement signed by Osagie-Jacobs J.I (Mrs), Director, Information, and Public Relations.
The Hon. Minister of State for Budget and Economic Planning (FMBEP) Dr. Doris Uzoka-Anite made this disclosure during a courtesy visit of the Vice President of the European Union Investment Bank, Mr. Ambroise Fayolle in company of the Head of the European Union Delegation to Nigeria, Mr. Gautier Mignot to the Ministry.
Dr. Uzoka-Anite stressed that the Federal Government remains committed to creating an enabling environment for investment and development finance, consistent with the objectives of the Renewed Hope Agenda and the Nigeria Agenda 2050, while highlighting initiatives for a successor medium term National Development Plan 2026-2030.
The Minister of State seized the opportunity to express appreciation for the EIB’s continued support while looking forward to further collaboration in delivering high impact projects that contribute to Nigeria’s economic transformation and prosperity.
Earlier, the Vice President of the European Investment Bank, Mr. Ambroise Fayolle noted that the aim of the visit was to review the expanding cooperation between Nigeria and the EIB, especially in the areas of infrastructure development, climate resilience, digital connectivity,private sector development and sustainable financing.
Discussions also focused on the EIB’s portfolio in Nigeria, currently estimated at £2.7b, which underscores the Bank’s confidence in Nigeria’s economic potential, reform trajectory and strategic importance within the European Union’s global gateway framework.
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