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Nigeria/EU trade volume hits €45b

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Nigeria/EU trade volume hits €45b

By: Michael Mike

Latest statistics has shown that Nigeria and European Union trade volume has grown to €45 billion.

The statistics showed that this was the case as at September 2023, even as the
United Nations COMTRADE database indicated that Nigeria remains EU largest trade partner, accounting for 20.9% of Nigeria’s global trade.

The EU is made up of 28 European countries, though there are 50 countries considered European.

The Deputy Speaker, House of Representatives, Benjamin Kalu during the celebration of 2024 European Day in Abuja on Thursday night said the value of trade between Nigeria and the EU has increased consistently, demonstrating the
potential for even greater collaboration.

Kalu while disclosing that Nigeria is prepared to provide an encouraging environment for investment, said: “The European Union is one of our most significant trading partners, and our economic ties have grown steadily.

“The value of trade between Nigeria and the EU has increased consistently, demonstrating the potential for even greater collaboration.”

Kalu while quoting the United Nations COMTRADE database, added that “as of September 2023, the EU’s bilateral trade with Nigeria has surpassed €45 billion.

“The EU is Nigeria’s largest trading partner, accounting for 20.9% of Nigeria’s
global trade.”

He assured EU that: “As we look to the future, Nigeria is committed to engendering an environment encouraging investment and trade with our European
partners.

“We recognize the vital role that
European businesses play in our economic development, and we welcome
continued investment in ourindustries, infrastructure, and technology
sectors.”

He equally, commended the cultural exchange between both parties, saying “Europe is a source of rich history, art, and
innovation, while Nigeria is a vibrant hub of diverse cultures and traditions.

“By having cultural exchanges, we build bridges of understanding that
transcend geographical boundaries.

“I am pleased to see that more
European cultural events are being held in Nigeria and that Nigerian
artists, musicians, and scholars are gaining recognition in Europe.

“These exchanges contribute to a more harmonious and interconnected world.”

The Deputy Speaker also commended the EU for it support to the country, especially in the area of education, healthcare,
digital economy, agriculture, security, and governance.

He noted that: “The European Union (EU) is supporting Nigeria’s digital transformation with a €820 million
investment through its Global Gateway initiative.

“This investment includes €160million in grants and €660million in loans.

“The EU is also supporting
Nigeria’s digital future through the AU-EUD4D Hub, a project that helps
African institutions create an enabling environment for a sustainable digital
transformation.

“Further more, the European Union has initiated several projects aimed at
promoting climate-smart agriculture and advancing Nigeria’s green transition.

“The GENESII: Mobility for Plant Genomics Scholars to Accelerate Climate-Smart Adaptation Options and Food Security in Africa II, is designed to foster academic exchange and research in plant
genomics, enhancing Africa’s adaptation to climate change and promoting
food security.

“The Small Hydro Power Development for Agro-industry Use (SHP-DAIN) project promotes the use of small-scale hydro power to boost agro-industrial production.”

He stressed that the EU’s commitment to the Climate-Smart Agriculture for Development Programme “underlines its support for climate-smart, innovative agriculture with an improved agribusiness climate and equitable participation of women and youth.”

He also said: “Beyond these projects,
the EU has also demonstrated its commitment to security and peace in the
Lake Chad region, mobilizing €2.5 billion since 2014 to support stabilization, peace, and security initiatives.

“This extensive support highlights the EU’s dedication to sustainable development and enhancing the quality of life for Nigerians”.

Kalu said: “As the Deputy Speaker of Nigeria’s House of Representatives, I believe in the importance of strengthening our democratic institutions and promoting
good governance.

“Europe has been a valuable partner in this regard, offering support and guidance as we work to uphold the principles of
democracy and the rule of law.”

In her remarks, Head of EU delegation to Nigeria and ECOWAS, Ambassador Samuela Isopi said Nigeria remains a strategic partner to EU.

Isopi said EU cooperation with Nigeria tops global rankings whether in the energy and climate, digital, innovation, health or entrepreneurship areas.

She also said EU is targeting critical private and public investment in Nigeria.

Isopi also assured Nigeria of EU support in the efforts at ensuring democratic rules in the West African region.

She noted that: “A year ago, we met to celebrate Europe Day on the eve of the inauguration of the new administration in Nigeria and the start of a new chapter in our partnership. Since then, the joint visit of EU International Partnerships and Energy Commissioners, Jutta Urpilainen and Kadri Simpson, in October last year for the EU-Nigeria Strategic Dialogue, positioned Nigeria as a primary partner for the European Union.

“By now, EU cooperation with Nigeria tops global rankings whether in the energy and climate, digital, innovation, health or entrepreneurship areas. This is further amplified by our joint work with EU Member States and EU financial institutions (such as the European Investment Bank) as Team Europe, which combines our strengths across most areas of cooperation.

“In line with the Global Gateway strategy, EU cooperation is now targeting critical public and private investments, thereby providing the necessary instruments to make such investments viable and sustainable. In the health sector, besides continuous support to public actors at federal and state level, our support includes the mobilisation of public and private sectors investors towards increased local manufacturing of vaccines and other health products. “

On the coming Nigeria/EU Business Forum on July 2nd in Abuja, Isopi said it will bear witness to progress made and raise our ambition for the years to come.”

Adding, “As we increasingly focus on investments, our support to migration, governance, peace and security will continue unabated. This support reflects the fundamental values and challenges that bind the EU and Nigeria, such as the rule of law, democratic governance and protection of fundamental rights.

“In that regard, we believe that the position – and empowerment – of women and youth in today’s Nigeria deserves our collective attention. “

On the political front, the envoy said “While working with the National Assembly, Government at Federal and State level, we remain strong advocate and supporters of the need for a vibrant civil society, which provides a unique opportunity to promote change and accountability.

“Since we last met to celebrate Europe day, West Africa has gone through one of the most difficult times in its history.

“The EU continues to stand by Nigeria, by its regional partners and by ECOWAS and remains committed to supporting the region in building a community for the people.”

Nigeria/EU trade volume hits €45b

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International

WAHO Pledges Support for Nigeria’s Ebola Response, Donates 20,000 Thermometers

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WAHO Pledges Support for Nigeria’s Ebola Response, Donates 20,000 Thermometers

By: Michael Mike

The West African Health Organisation (WAHO) has reaffirmed its commitment to supporting Nigeria’s health emergency preparedness and response, following confirmation of the country’s first Ebola case.

The organisation also announced the donation of 20,000 non-contact infrared thermometers and 1,200 bottles of alcohol-based hand sanitiser to the Nigeria Centre for Disease Control and Prevention (NCDC) as part of efforts to strengthen the country’s response to the outbreak.

The Director-General of WAHO, Prof. Palokinam Pitche, gave the assurance when he led a delegation to the NCDC headquarters in Abuja on November 2, 2026, to discuss regional support for Nigeria’s health emergency preparedness and response.

The delegation included the Executive Director of the ECOWAS Regional Centre for Surveillance and Disease Control (RSCDC), Dr Mamadou Diarrassouba, and the Acting Director of Public Health and Research at WAHO, Prof. Joseph Olorunda.

The meeting was attended by officials of the NCDC and representatives of the World Health Organisation (WHO) and Africa Centres for Disease Control and Prevention (Africa CDC).
Discussions centred on aligning international and regional assistance with Nigeria’s national priorities, avoiding duplication of interventions and ensuring effective utilisation of available resources.

Pitche reaffirmed WAHO’s readiness to support Nigeria, stressing that health threats confronting the country had implications for the wider West African region and required coordinated regional action.

He recalled the organisation’s ongoing collaboration with Nigeria in disease surveillance, laboratory capacity development and technical assistance, noting that clearly identified needs would guide further support and strengthen collective responses to shared health challenges.
Welcoming the delegation, the Director-General of NCDC, Dr Jide Idris, expressed appreciation for WAHO’s continued support, stressing that effective management of public health emergencies required sustained collaboration among national, regional and international institutions.

Idris highlighted the need for a coordinated response covering surveillance, disease detection, case management, risk communication and logistics, particularly in tackling health threats capable of spreading across national borders.

Representatives of WHO and Africa CDC also pledged to work with WAHO to align their contributions with Nigeria’s government-led response plan.
They emphasised the need for assistance to be guided by clearly established priorities, defined institutional responsibilities and accountability mechanisms, while ensuring that each organisation deployed its technical expertise effectively.

The partners further reaffirmed their commitment to ensuring that emergency interventions translated into sustainable improvements in Nigeria’s preparedness and overall health system capacity.

WAHO’s technical and financial assistance is being channelled towards implementing the incident management plan following confirmation of the first Ebola case in Nigeria.

The donation of the thermometers and hand sanitisers is also expected to support infection prevention and control measures as the country strengthens its preparedness and response capacity.

WAHO Pledges Support for Nigeria’s Ebola Response, Donates 20,000 Thermometers

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Venezuela Solidarity Campaign Demands Release of Maduro, Flores

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Venezuela Solidarity Campaign Demands Release of Maduro, Flores

By: Michael Mike

The Venezuela Solidarity Campaign in Nigeria (VSCN) has demanded the immediate and unconditional release of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, whom it accused the United States government of detaining illegally.

The campaign, in a statement issued on Friday by its Coordinator, Dimeji Macaulay, said the continued detention of the Venezuelan leaders represented an assault on national sovereignty and international law.

It called on Washington to end what it described as political persecution of Venezuela, abandon its interference in the affairs of sovereign nations and respect the right of the Venezuelan people to determine their political future without external pressure.

The group also condemned the reported expansion of criminal charges against Maduro and Flores, alleging that the US administration was using its judicial system to exert political pressure on governments opposed to its interests.

“We reject the use of military power, economic coercion and politically motivated prosecutions as instruments for determining the political future of Venezuela,” the statement said.

The campaign further demanded an end to economic sanctions against Venezuela and the US economic blockade of Cuba, arguing that the measures imposed hardship on ordinary citizens, including workers, children and vulnerable communities.

It described the restrictions as collective punishment for the political and economic choices of the two countries, insisting that their populations should not suffer because of their governments’ preferred systems of social and economic organisation.

The VSCN expressed solidarity with Cuba, citing its achievements in education, healthcare, international solidarity and social development, and urged Washington to end what it called economic strangulation of the Caribbean nation.

Beyond Venezuela and Cuba, the campaign criticised the global capitalist system, arguing that the concentration of wealth in the hands of billionaires had worsened inequality while millions of people continued to face hunger, homelessness, inadequate healthcare and limited educational opportunities.

It cited the wealth accumulated by billionaires, including Elon Musk, as an example of what it described as an unequal economic order in which a small minority controlled resources generated through the collective labour of millions.

The group called on workers, peasants, students, trade unions, socialist organisations and progressive movements worldwide to unite in pursuit of what it described as a socialist system founded on equality, democracy, solidarity and collective ownership of productive resources.

On Western Sahara, the campaign reaffirmed its support for the Sahrawi people’s right to self-determination, rejecting any attempt to impose Morocco’s autonomy proposal as a substitute for a democratic decision on the territory’s political future.

It called for a free, fair and internationally supervised referendum that would allow the Sahrawi people to choose their future, including independence.

The group noted that Western Sahara remained on the United Nations list of Non-Self-Governing Territories and argued that its people should not be denied the right to determine their political status.

It maintained that self-determination should apply equally to the peoples of Palestine, Western Sahara and Venezuela, as well as other nations facing occupation, domination or foreign interference.

Venezuela Solidarity Campaign Demands Release of Maduro, Flores

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Nigeria, Japan Move to Set Up Industrial Hub to Unlock Investment

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Nigeria, Japan Move to Set Up Industrial Hub to Unlock Investment

…Abuja seeks Japanese capital, technology transfer as Tokyo promises faster visa processing

By: Michael Mike

Nigeria is seeking to establish a joint industrial and investment hub with Japan to attract foreign capital, accelerate technology transfer and position local businesses to tap into Japanese supply chains and the wider African market.

The proposal, put forward by the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, signals Nigeria’s push to turn 66 years of diplomatic relations with Japan into a stronger economic partnership driven by investment, industrialisation and job creation.

Odumegwu-Ojukwu made the proposal during a bilateral meeting with Japan’s Ambassador to Nigeria, Suzuki Hideo, urging Tokyo to work with Nigeria on a practical roadmap for the proposed Nigeria–Japan Industrial and Investment Hub.

The initiative is expected to facilitate joint ventures, connect investors with credible Nigerian businesses, promote skills development and encourage Japanese companies to establish stronger industrial links with Africa’s largest economy.

The minister stressed that existing bilateral agreements must translate into concrete investment commitments and measurable development outcomes, rather than remain diplomatic declarations.

“The outcomes of the Forum must be translated into concrete programmes, investment commitments and measurable development outcomes,” she said.

She urged both countries to implement the agreements reached at the 10th Nigeria–Japan Special Partnership Forum, held in Abuja on August 27, through practical programmes and regular consultations between their foreign ministries.

To strengthen private-sector participation, Odumegwu-Ojukwu called for more partnerships between Nigerian and Japanese companies through joint ventures, local content development, skills transfer and the integration of Nigerian businesses into Japanese supply chains.

She also sought greater engagement by the Japan External Trade Organization (JETRO) to link Japanese investors with Nigerian enterprises and public-sector partners.

Beyond manufacturing and trade, Nigeria is seeking Japanese investment in solid minerals, gas development, cleaner energy technologies and industrial decarbonisation, with the minister highlighting the strategic importance of resilient energy and critical-mineral supply chains.

The proposed investment push comes alongside Japan’s development cooperation in infrastructure, healthcare, agriculture, education and technical training through the Japan International Cooperation Agency (JICA).

Odumegwu-Ojukwu welcomed a $10 million JICA-supported initiative to strengthen Nigeria’s startup ecosystem through catalytic capital and institutional development, in partnership with the Nigeria Sovereign Investment Authority.

She also called for sustained Japanese support for peacebuilding, humanitarian assistance and stabilisation in Nigeria and West Africa, reaffirming Nigeria’s commitment to regional stability through the African Union and the Economic Community of West African States.

On mobility and business exchanges, the minister urged continued dialogue to resolve visa-related challenges affecting businesspeople, students, researchers, government officials and tourists.

Responding, Suzuki said Japan was desirous of deepening cooperation with Nigeria, which he described as a strategic African giant.

He also assured that visa-related issues would be handled expeditiously, an undertaking that could help facilitate business and people-to-people exchanges between the two countries.

Odumegwu-Ojukwu said the existing cordial relations between Nigeria and Japan offered an opportunity to build a more dynamic partnership anchored on investment, industrialisation, technology transfer and shared prosperity.

The renewed engagement comes as both countries seek to move beyond decades of diplomatic relations towards stronger commercial ties, with the proposed industrial hub emerging as a potential platform for converting bilateral goodwill into investments and economic opportunities.

Nigeria, Japan Move to Set Up Industrial Hub to Unlock Investment

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