The €900 million (N728 billion) agreements between Nigeria and the European Union (EU) have the potential of driving programmes across the country, especially
The agreements which were signed at the EU-Nigeria Strategic Dialogue in Abuja last week, formed a central part of the EU-Nigeria cooperation to advance the country’s green, resilient, digitally inclusive transition under the Government Priorities and Global Gateway.
In addition to these areas of support, the package will also contribute to building access in the Nigerian social protection safety net , support to border management and reintegration of returnees , support to the disarmament, demobilisation and reintegration of Boko Haram combatants in the North East region .The agreements are to further support the improvement of the criminal justice system, access to justice and the fight against corruption .
The second €14 million loan is for Emzor Active Pharmaceutical Ingredients to finance the construction of a manufacturing plant for the production of anti-malarial drugs. “I am delighted to be visiting Nigeria to further strengthen our partnership, and I look forward to launching a package of new actions, as part of the Global Gateway strategy and EU support to Government priorities.
Bagudu, said: “Today marks yet another milestone in the annals of the EU-Nigeria development cooperation. The EU -Nigeria relations is one of the most vibrant development partnerships in terms of volume, thematic interventions, modalities and geographical spread in deployment of resources.”
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