EU unveils Global Gateway Initiative, targets €150bn infrastructural investment for Nigeria, others

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The Nation Newspaper EU unveils Global Gateway Initiative, targets €150bn infrastructural investment for Nigeria, others

has unveiled the Global Gateway Initiative, which plans to disburse €150 billion in four years by 2027 to Nigeria and other African countries to enhance infrastructural development.

She said the EU was also supporting the roll out of digital IDs nationwide, mobile network expansion with MTN in Lagos and other states. Through the initiative, the EU will support Nigeria to achieve enhanced infrastructure connectivity, including transport, energy, and digital networks; support agriculture, economic growth, health and education; promote sustainable development and environmental protection; and foster cooperation and partnerships with Nigeria and other partner countries.

“Education is the most transformative investment one can make, and I am very glad to launch the empowerment in North Western Nigeria Project. I think this project is a tangible sign of our cooperation with the Government to promote quality basic education in the northern regions. He said: “Africa’s relationship with Europe has deep historical roots, and has been built on years of shared values, collaboration and mutual respect. While we enjoy geographical proximity, we also have increasingly intertwined culture, and more importantly, a shared future. As we seek a better future together, we can only fully actualize and realize this dream by leveraging the ties that we have always had.

 

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