EU Announces €290 Million Aid Package for Nigeria

The European Union announced a €290 million investment package for Nigeria on Monday during the Eighth Nigeria-EU Ministerial Dialogue in Abuja, focusing on digital infrastructure, healthcare manufacturing, agricultural development, and migration management. The initiative, part of the EU's Global Gateway strategy, aims to bolster bilateral ties and support Nigeria's economic priorities under President Bola Tinubu's Renewed Hope agenda.

The dialogue was co-chaired by Nigeria's Minister of Foreign Affairs, Yusuf Maitama Tuggar, and Kaja Kallas, the EU's High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission. Officials described the funding as an immediate mobilization for seven new operations to address key challenges and foster sustainable growth. This brings the total Team Europe support signed since 2025 to €962.5 million, building on prior commitments in areas like transport, renewable energy, democracy, and gender-based violence prevention.

In the digital sector, €131 million will fund upgrades to connectivity and services, including a partnership with the European Bank for Reconstruction and Development to deploy 90,000...