Business leaders, policy makers to explore new opportunities at 9th EU-Nigeria Business Forum


From Fred Ezeh, Abuja

Nigerian and European (EU) business leaders, policy makers and institutional stakeholders will converge in Abuja on July 2, 2024, to identify and explore investment opportunities along specific value chains during the 9th European Union-Nigeria Business Forum.

The Forum, which is holding in Abuja for the first time, is being organised by the EU Delegation to Nigeria and ECOWAS, in close coordination with EU Member States and the Federal Ministry of Industry, Trade and Investment on the theme ā€œInvesting in jobs and a sustainable futureā€.

The EU Ambassador to Nigeria and ECOWAS, Samuela Isopi, said in a statement, on Sunday, that the business forum, aside from fostering engagement between businesses, policymakers, and stakeholders from Nigeria and the EU, will also facilitates trade, investment, and partnerships through networking, discussions, and policy shaping, to promote economic cooperation between the EU and Nigeria and stimulate sustainable growth for both parties.

“This will provide an opportunity for the EU, its Member States and the private sector from Europe and Nigeria to engage the new administration on their investment agenda in a transparent and inclusive manner, with a view to fostering confidence and commitment to a stronger and sustainable partnership,” she said.

As part of the EU Global Gateway Strategy, she explained that the EU-funded projects would complement private sector investment in areas that will bring about critical social, economic, and environmental sustainability.

“In the case of Nigeria, particular attention is paid to harnessing of local talents, particularly among youths and women groups, as well as economic, social, and environmental resilience.

“Against this backdrop, the 9th EU Nigeria Business Forum will focus on current and prospective investment in the digital, health, and agricultural sectors.

“The Business Forum will also discuss options and respective benefits towards establishing a bilateral legal framework between the EU and Nigeria, bringing certainty, stability, and sustainability to bilateral trade and investment relations,” she explained.

She further confirmed that the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, had expressed her support and commended the EU Delegation to Nigeria and ECOWAS, as well as the EU Member States, for their dedication to promoting economic cooperation and stimulating sustainable growth.

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