EU Awards €300,000 Grant to Eurocham for Advocacy in Nigeria

The European Union has announced a three-year grant of €300,000 to support the European Chamber of Commerce (Eurocham) Nigeria.

This grant aims to strengthen Eurocham’s secretariat, enhance advocacy, and deepen engagement with stakeholders.

EU Ambassador to Nigeria and the Economic Community of West African States, Gautier Mignot, revealed the grant during Eurocham’s 25th Annual Stakeholders Conference in Lagos. He described the financial support as a significant step in improving EU-Nigeria trade relations.

The EU’s intervention is intended to reinforce Eurocham’s role in policy dialogue and strategic engagement with local governments, policymakers, and business stakeholders. Mignot emphasized that this support would create a more conducive business environment, enabling Eurocham to promote trade and investment between Europe and Nigeria.

Mignot also reaffirmed the EU’s position as Nigeria’s largest trading partner and a key source of foreign direct investment and development financing. He linked the grant to the broader EU Global Gateway Strategy, a four-year initiative aimed at improving infrastructure in Nigeria and other African countries.

According to Mignot, Nigeria will feature prominently in the investment package, covering areas such as digital skills, e-governance, and the deployment of 90,000 km of fibre-optic cables across the country.

Investments in agriculture, renewable energy, local vaccine manufacturing, and sustainable transportation remain key priorities, with Eurocham expected to play an active role in identifying opportunities and advocating for a conducive business environment.