Africa, Caribbean, Pacific | Nigeria, 5 November 2015
Economic partnership with EU vital for Nigeria’s development, says Commissioner Malmström
Cecilia Malmström, EU Trade Commissioner, is today visiting Lagos, Nigeria, where she is speaking at the EU-Nigeria Business Forum and meeting with government, business and civil society leaders.
In her remarks she focused on the challenge of diversifying the Nigerian economy beyond oil and gas. She showed how the EU West Africa Economic Partnership can promote diversification by creating export opportunities for new business sectors, lowering the costs of capital investment and providing technical support and assistance to key infrastructure for the development of the economy. She urged the government to ratify the agreement in the interest of Nigeria's consumers, workers and enterprises.