Nigeria, European Investment Bank Deepen Partnership on Development Finance and Economic Growth

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The Federal Government has reaffirmed its commitment to strengthening international partnerships aimed at accelerating economic growth and sustainable development.

Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite, hosted the Vice President of the European Investment Bank (EIB), Ambroise Fayolle, and the Head of the European Union Delegation to Nigeria, Gautier Mignot, for high-level discussions on development finance and economic cooperation.

During the meeting, the minister highlighted the significance of the EIB’s current €1.2 billion investment portfolio in Nigeria, describing it as a strong vote of confidence in the country’s ongoing economic reforms and long-term growth prospects.

The discussions focused on aligning development financing with the Federal Government’s Renewed Hope Agenda, Nigeria Agenda 2050, and the forthcoming National Development Plan (2026–2030).

Dr. Uzoka-Anite emphasized the importance of strategic partnerships in mobilising investments, driving sustainable growth, and improving the living standards of Nigerians.

The engagement underscores Nigeria’s continued efforts to collaborate with global development partners to unlock economic opportunities and advance national development objectives.