Wednesday, June 19, 2024

Tinubu Advocates For Stronger Nigeria-EU Partnership

President Bola Tinubu has urged for a cross-sectoral partnership between Nigeria and the European Union (EU), founded on the principles of democracy, rule of law, and freedom.


During a visit from an EU delegation led by the EU Commissioner responsible for International Partnerships, Jutta Urpilainen. The President expressed appreciation for the endorsement of eight financial agreements between Nigeria and the EU.


These agreements are under the EU Global Gateway in Nigeria.
“Democracy is not an easy process, but we must fight for democracy and struggle for it to win at all times,” the President said.

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President Tinubu underscored the significance of economic collaboration with the EU, particularly in the fields of digital education, conventional and sustainable energy, and broadband accessibility.
He also informed the visiting delegation that Nigeria’s economy was undergoing substantial and enduring reforms with the aim of uplifting millions of Nigerians from poverty.


“We have a young and vibrant population, and we are determined to succeed. If we succeed, democracy succeeds. If we succeed, freedom succeeds.
“We need all of our partners’ hands on deck to sail together. We look forward to strengthening our partnerships,” the President added


In her remarks, the EU Commissioner in charge of International Partnerships commended Nigeria for playing a pivotal role as a key partner of the EU, not only in politics and economics but also in shaping the social landscape across the African continent.


The EU Commissioner clarified that in the last four years, the EU has been actively engaged in re-shaping its association with Africa, moving away from the conventional donor-recipient relationship.
She expressed that the EU aims to create a balanced and mutually advantageous collaboration, with the “Global Gateway” investment program serving as a prominent illustration of this approach.
She noted that this strategy, agreed at the AU-EU Summit in Brussels last year, sets a goal of €300 billion in investments, with €150 billion allocated to Africa.


Thanking President Tinubu for the important role Nigeria played in supplying key energy products during its standoff with Russia in recent times, the EU Commissioner noted that the oil & gas partnership can be expanded while adding that the “Global Gateway” strategy is designed to expedite the green and digital transformations in EU partner countries, with Nigeria standing as one of its most strategic.


”We are investing in critical infrastructure such as energy, transportation, and digital infrastructure, as well as in human capital, education, and research,” she said.

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