The European Union (EU) has said that Nigeria is one of the biggest beneficiary of its incentive. This is because the country benefits majorly from its education mobility and cooperation scheme.
This was disclosed in Abuja by the head of international partnership EU, Jutta Urpilainen, during the official launch of its Global Gateway Initiative.
Jutta Urpilainen revealed that Global Gateway Initiative was organized to ensure connectivity, promote sustainable development and strengthen economic ties between the EU and its partner countries, including Nigeria.
Speaking further Jutta noted that by 2027 the EU intends to mobilize investments worth £ 300 billion half of which Africa will benefit from including Nigeria.
Jutta also revealed that the European Union has launched educational empowerment scheme in the Northern part of the country.
She said, “We are living in an increasingly fragmented world. The war that Russia started against Ukraine last year, the military takeover in Niger in July, and the escalation in the Israel-Palestine conflict, are just stark reminders of that.”
“Together, we intend to mobilise 300 billion Euros in investments by the year 2027, half of them for Africa. For Africa, it is 150 billion Euros by the year 2027. When it comes to Nigeria, Nigeria features prominently in the Global Gateway investment package.”
“Last year, we launched a digital economic package for Nigeria. With EU and European Investment Banks, investments worth 820 million Euros is a lot of money. We are already supporting the rollout of digital IDs nationwide and mobile network expansion with MTN in Lagos and other states.
“We are also about to launch the construction of a line between Katsina and Daura twin lines, and we are proposing to reinforce the Nigeria-Benin interconnection of the framework of the West African power pole.
“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.”
“Nigeria is also a major beneficiary of the student mobility and higher education cooperation project under Erasmus+. I was looking at the figures, last year, over 2,020 students from Nigeria were granted scholarships for studying in the EU.
“Global Gateway reinforces the EU-Nigeria partnership. It brings opportunities to all. We want to continue working together with you to take our partnership to a higher level of shared prosperity. We will do that together with the Government, Member States, Civil Society Organizations, as well as with the business community.”
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