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Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report

Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report
By: Michael Mike
Over 230 European Union companies are currently operating in Nigeria, accounting for over 130,000 jobs in the country’s economy, according to the report of a recent study by Commercium Africa.
The study commissioned by the European Union also showed that 42 per cent of the companies arrived in Nigeria in the last decade, underlining the country’s economic potential and the increasing tempo of investment from the European Union in Nigeria’s economy in recent years.
In addition to Nigeria being a major destination of choice for European investments, the European Union is the country’s largest trading partner by a wide margin, with notable balance of trade in favour of Nigeria, the new report showed.
It for the first time, mapped out the presence of EU companies in Nigeria, also showing that EU companies invested over €2 billion into the Nigerian economy in the last fiscal year, reaching a turnover of about €4 billion during the period.
According to the report, four in every five or 80 per cent of the EU companies are headquartered in Lagos, Nigeria’s commercial capital, with manufacturing being the largest individual sector, and accounting for 19 per cent of over 230 firms. European companies are also contributing to the pool of skills in the Nigerian economy, having provided 6,000 of their employees with professional training opportunities, the report notes.
Welcoming these findings, the European Union Ambassador to Nigeria and ECOWAS, Ms Samuela Isopi hailed the footprints of EU businesses in the country.
She said: “As we delve into the extensive presence and contributions of the EU companies in Nigeria, it becomes evident that the European Union’s partnership with Nigeria goes beyond trade figures. Our commitment to Nigeria’s growth is reflected in the investments, job opportunities, and economic contributions made by the EU companies. This first mapping highlights the importance of our relationship and the potential for further collaboration in various sectors. We remain dedicated to working hand in hand with Nigeria for mutual prosperity.”
The President of the European Business Chamber Nigeria (EuroCham), Mr Yann Gilbert, expressed delight with the findings of the study, which he described as impactful. “The results illustrate the substantial and consistent contribution of EU companies to the Nigerian economy over the years, underlining the important role played in fostering economic growth, job creation, human capital development, circular economy and innovation spread all over the Federal Republic of Nigeria.”
He added that: “Moreover, the results confirm the consistent strengthening of our bilateral ties, emphasizing the positive collaborative spirit that defines EU-Nigeria relations.”
Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report
News
Dabiri-Erewa Advises Youth, Hard Work Pays

Dabiri-Erewa Advises Youth, Hard Work Pays
By: Michael Mike
Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has advised Nigerian youths to embrace hard work, discipline and dignity, saying these values open doors to success.
Speaking on Day Two of the 2025 National Diaspora Day Youth Empowerment Summit at the weekend in Abuja, Dabiri-Erewa shared her personal journey from journalism to national leadership.
She said: “As a journalist at NTA, I did my job well and was proud of it. That hard work got me nominated for a Harvard course, thanks to the then Rev. Father Kukah. Though the fee was $10,000, Arcor Group sponsored me. That changed my life.”
She added: “After Harvard, she left Newsline on NTA and entered into politics. With support from Senator Remi Tinubu and encouragement from now President Bola Tinubu, she contested and won a seat in the House of Representatives, serving for 12 years before becoming SSA on Diaspora and later NiDCOM boss.
“My hard work earned me respect. Wherever you are, work hard and carry yourself with dignity,” Dabiri-Erewa told the youth.
Minister of Youth Development, Hon. Ayodele Olawande, on his part thanked the NIDCOM Boss for always involving the youth. “Commitment is the key to success,” he said, urging youth to stay focused and believe in their potential.
Speaking in the same vein, Hon. Bobby Digi-Olisa from New York, also advised youths to know themselves and take bold steps.
Similarly, Prof. Fene Osakwe advised youth to always make Nigeria proud wherever they find themselves.
On migration, Alex Oturu from National Commission For Refugees and Migration warned that overstaying visas or ignoring travel rules can make one an irregular migrant. He also cautioned youths on the risks of human trafficking.
Ms Pelumi Nubi, who drove from London to Lagos, encouraged youths to dream big despite challenges. “Start with what you have and trust yourself,” she said.
Miss Diaspora Nigeria-USA, Oyemen Ehikhamhen, also shared how the arts gave her purpose and confidence. “My crown is not just beauty — it’s a symbol of power and storytelling,” she said.
Twelve students were awarded laptops, with six overall science students sponsored by Arcor Group. Six desktops were also given to the schools, while others won laptops through a raffle draw.
The summit, which was part of the activities lined up for National Diaspora Day, continues to inspire youth to lead, innovate, and contribute to Nigeria’s growth, at home and abroad.
Dabiri-Erewa Advises Youth, Hard Work Pays
News
Police arrest man for attempted suicide in Ogun church premises

Police arrest man for attempted suicide in Ogun church premises
By: Zagazola Makama
The Ogun State Police Command has confirmed the arrest of a 29-year-old man, Victor Kalu, for attempted suicide at the premises of the Mountain of Fire and Miracles Ministries (MFM) in Ibafo.
Zagazola Makama reports that the incident occurred late Friday night at about 10:45 p.m., when the suspect was caught trying to hang himself from an electric pole.
Police sources said that the Chief Security Officer (CSO) of the church apprehended the suspect and handed him over to the police at about 10:10 a.m. on Saturday.
Kalu, a resident of Plot 7, Oluwa Sesan Street, Ejigbo Road, Ikotun, Lagos State, confessed during interrogation that he attempted to end his life due to mounting financial pressure from a loan he obtained from an online bank.
“He said the lender had threatened him to repay the loan, and with no hope of getting the money, he decided to hang himself on the electric pole at the church premises,” the police sources said.
Police detectives visited the scene, recorded statements from the complainant and the suspect, and took photographs for documentation.
The command said the suspect is in custody and the case is under investigation.
Police arrest man for attempted suicide in Ogun church premises
News
VP Shettima Arrives In Addis Ababa For UN Food Systems Summit

VP Shettima Arrives In Addis Ababa For UN Food Systems Summit
** Nigeria gifts Ethiopia 2,000 cashew seedlings
By: Our Reporter
The Vice President, Senator Kashim Shettima, has arrived in Addis Ababa, the Ethiopian capital, to represent Nigeria at the second United Nations (UN) Food Systems Summit being held from July 27 to 29.
The Vice President’s aircraft touched the ground around 4:26 p.m. local time at the Addis Ababa Bole International Airport.
On arrival, he was received by the Deputy Prime Minister of Ethiopia, Temesgen Tiruneh, the Chargé d’Affaires of the Nigerian Embassy, Ethiopia, Amb. Nasir Aminu, Dr. Suleiman Dauda, Finance Attaché, Wing Commander Gabriel Batubo, Deputy Defence Attaché (Air Force) to Ethiopia, the Deputy Head of Mission, Amb. Macy Ogbede, First Secretary, Mr. Jangado Ishaku, and other top officials of the embassy.

Immediately after his arrival, the Vice President met with members of the Nigerian delegation, including the Chargé d’Affaires of the Nigerian Embassy to Ethiopia, Amb. Nasir Aminu, and the Technical Assistant to the President on Agriculture and Executive Secretary of the Presidential Food Systems Coordinating Unit (PFSCU), Marion Moon, among others. During the meeting, he was briefed on Nigeria’s expected deliverables at the summit.
VP Shettima will join global leaders at the high-level event on advancing the transformation of the coffee value chain, roundtables and meetings aimed at bolstering Nigeria’s food security drive. #UNFSS2025
The summit will bring together global leaders to reflect on progress made since the inaugural 2021 UN Food Systems Summit and accelerate commitments towards building resilient, inclusive, and sustainable food systems.
The Vice President will also participate in other events on the sidelines of the summit, designed to spotlight real-world examples of food systems transformation, promote knowledge exchange and partnership.
One of the events on the sidelines of the summit is a ministerial roundtable on public finance, trade, and responsible investment to accelerate the transition, field trips, and networking sessions.
At a recent briefing by the Task Force on the 2nd UN Food Systems Summit, VP Shettima had outlined three key objectives for Nigeria’s delegation: positioning Nigeria as a leader of thought on African food systems reform, leveraging international partnerships aligned with domestic priorities, and advancing a private sector-led model for continental food transformation.
Meanwhile, the Nigerian government has presented Ethiopia with 2,000 cashew seedlings and 100,000 cashew seeds.
The donation, sufficient to cultivate approximately 600 hectares of land, was received by Ethiopia’s Minister of State for Agriculture, Dr. Efa Muleta Boru, as part of a shared commitment between both nations to sustainable agricultural development across Africa.
The exchange builds on Ethiopia’s earlier donation of 2,000 Haas avocado seedlings and 2,000 coffee seedlings to Nigeria in June 2025.
The initiative aligns with President Bola Ahmed Tinubu’s agricultural transformation agenda and highlights Nigeria’s commitment to “Green Revolution Diplomacy” as a tool for strengthening diplomatic ties while addressing food security challenges.
VP Shettima Arrives In Addis Ababa For UN Food Systems Summit
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