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

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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

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Fact Check: No attack on former COAS Buratai – what really happened in Buratai, Borno

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Fact Check: No attack on former COAS Buratai – what really happened in Buratai, Borno

By: Zagazola Makama

Recent reports claiming that former Chief of Army Staff, Lt.-Gen. Tukur Yusuf Buratai (rtd), narrowly escaped death in an alleged Boko Haram ambush in Borno State are categorically false and misleading.

Zagazola Makama can confirm that there was never any attack on the retired general, contrary to statements made by Senator Ali Ndume and recklessly amplified by several media outlets without a shred of verification.

What actually happened was a coordinated three-pronged attack by ISWAP terrorists on military facilities in Buratai town, Biu Local Government Area, on Friday. The assault targeted the Battalion Headquarters, Institute for Peace and Conflict Resolution, and Command Secondary School – not Lt.-Gen. Buratai or any convoy associated with him.

Let us be clear:
Lt.-Gen. Buratai was nowhere near the ambush, and at no point was his life in danger. This is not a matter of semantics, it’s a matter of truth versus dangerous misinformation.

Zagazola Makama, has previously reported how the ground troops, with critical support from Nigerian Air Force Super Tucano jets, repelled the attackers decisively.

During the encounter, two ISWAP gun trucks were destroyed, while a third was recovered during follow-up operations. Several terrorists were killed, including over 20 in airstrikes during their retreat through Mangari.

So how did this snowball into a national headline falsely claiming a “near-death” experience for the former army chief?
Because some politicians spoke irresponsibly, and certain media platforms ran with the story without basic verification, an unforgivable dereliction of journalistic duty, especially in a region as sensitive as the North East.

The media owes the public and the Armed Forces of Nigeria the duty of responsible reporting, not alarmist fiction wrapped in sensational headlines. The security situation in Buratai is under control, and troops continue to dominate the area to prevent any further attacks.

Let this stand as a final and factual rebuttal:
There was NO attack on Lt.-Gen. Tukur Buratai. Period. Stop twisting the truth for cheap headlines.

Fact Check: No attack on former COAS Buratai – what really happened in Buratai, Borno

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Again, NAF Jets Decimate Terrorist Enclave in Bukar Meram in Lake Chad

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Again, NAF Jets Decimate Terrorist Enclave in Bukar Meram in Lake Chad

By: Zagazola Makama

As part of ongoing efforts to sustain pressure on terrorist elements and deny them freedom of action, the Air Component of Operation Hadin Kai (OPHK) has conducted another successful air interdiction mission at a terrorist enclave in Bukar Meram, located in the southern axis of the Lake Chad region.

Zagazola Makama was reliably informed by sources that the mission, which was executed in the early hourz of Monday, June 9, at about 0545 hours, was carried out under the auspices of Operation KALACHEN WUTA II.

The sources said that the operation formed part of a broader strategy aimed at disrupting terrorist activities before, during, and after the Eid-el-Kabir Sallah period.

He said that intelligence-led surveillance revealed that the terrorists were regrouping at the Bukar Meram location with intent to launch coordinated attacks on Marte and Monguno general areas.

Prompted by this credible intelligence, the Air Component swiftly mobilised to engage the enclave. Airstrikes were conducted with precision, leading to the neutralisation of several terrorists.

The strikes also resulted in the destruction of critical terrorist logistics, including supply vehicles, makeshift shelters, and weapons storage points.

The decimation of the enclave not only inflicted significant losses on the terrorists but also disrupted their operational planning and movement.

The sources added that Battle Damage Assessment (BDA) conducted after the mission confirmed that the planned attacks on Marte and Monguno were effectively thwarted.

Further intelligence gathering is ongoing to assess enemy reactions and possible movement patterns following the successful interdiction. Ground troops have also been placed on heightened alert to exploit the gains of the airstrike and maintain pressure on fleeing remnants.

Again, NAF Jets Decimate Terrorist Enclave in Bukar Meram in Lake Chad

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French tourist found dead in Gboko hotel

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French tourist found dead in Gboko hotel

By: Zagazola Makama

A 67-year-old French national, Mr. Pietier Gilles, has been found dead at a hotel in Gboko town in Benue state.

Zagazola Makama report that the deceased, believed to be a French tourist, was found dead on Saturday at Hotel Jovina, Gbokon, where he had lodged on June 6.

According to a police sources, on Sunday, the hotel manager, Mr. Emmanuel Terhide Laha, reported the incident to the “A” Division Police Station at about 5:45 p.m. on June 8.

Laha informed the police that the tourist fell ill on June 7 but declined to be taken to a hospital. Concerned about his deteriorating condition, the hotel management brought in a medical practitioner to examine him. He was, however, discovered to have died.

“On receipt of the information, the Divisional Police Officer led a patrol team to the hotel where photographs of the scene were taken. The body was evacuated to the General Hospital in Gboko for preservation and autopsy,” the police said.

Gilles reportedly arrived in Nigeria from Niger Republic on May 19, 2025, traveling on a sports bicycle as part of what is believed to be a long-distance tour.

Police sources said investigation will be conducted, and all relevant diplomatic channels are being engaged to handle the situation appropriately.

French tourist found dead in Gboko hotel

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