The European Union (EU) has announced a €300,000 grant over three years to strengthen the European Chamber of Commerce (Eurocham) Nigeria’s secretariat, enhance its advocacy efforts, and boost engagement with key stakeholders.
EU Ambassador to Nigeria and the Economic Community of West African States, Gautier Mignot, unveiled the grant during Eurocham’s 25th Annual Stakeholders Conference in Lagos.
He described the financial support as a significant step in fostering stronger EU-Nigeria trade relations.
“This financial support will allow the Chamber to strengthen its Secretariat’s administrative capacity and expand its external activities and advocacy work on behalf of its members,” Mignot said.
The grant is part of the EU’s broader strategy to improve policy dialogue and strategic engagement between Eurocham, local governments, policymakers, and businesses.
Mignot highlighted that the support would help create a more favourable business environment, allowing Eurocham to further promote trade and investment between Europe and Nigeria.
He also noted the EU’s continued role as Nigeria’s largest trading partner and a key source of foreign direct investment.
The initiative is aligned with the EU Global Gateway Strategy, which focuses on enhancing infrastructure and addressing key areas such as digital skills, e-governance, and renewable energy projects in Nigeria.
Mignot pointed to transformative projects like the Omi Eko water transportation initiative, as well as investments in agriculture, local vaccine manufacturing, and sustainable transportation, as critical priorities for the future.
The EU’s ongoing partnership with Eurocham aims to unlock greater opportunities for trade, investment, and infrastructure development in Nigeria, with the potential to improve the country’s business environment and strengthen its global economic position.
