The European Union has announced a €290 million investment package for Nigeria under its Global Gateway Strategy, targeting key sectors such as digital infrastructure, healthcare manufacturing, agriculture, and migration management. The initiative was unveiled during the Nigeria–EU Ministerial Dialogue in Abuja, signalling a renewed commitment to deepen economic cooperation and support Nigeria’s development priorities.
A significant share of the funding will support digital connectivity, including the rollout of 90,000 kilometres of fibre-optic cable to expand internet access to millions of underserved Nigerians. Additional financing includes €50 million for local healthcare manufacturing and €85 million to strengthen agricultural value chains, particularly in cocoa and dairy, aimed at boosting productivity, industrial growth, and job creation.
The package also includes funding for migration management and social reintegration programmes, alongside broader support for sustainable development and private sector growth. EU officials say the investments will enhance Nigeria’s economic resilience, promote industrialisation, and expand regional trade opportunities across West Africa.
