EU announces €288m grant to Nigeria’s healthcare sector, others

The European Union (EU) has announced a €288 million support package for Nigeria, targeting key sectors including healthcare, agriculture, finance, migration, climate, and digital public infrastructure.

The EU delegation to Nigeria and ECOWAS disclosed this at the EU-Nigeria Ministerial news conference in Abuja, noting that the funding forms part of a renewed commitment under the EU-Nigeria Partnership.

The initiative is aligned with the EU’s Global Gateway Strategy, aimed at accelerating investment and strengthening economic cooperation with Nigeria.

Director General for International Partnerships at the European Commission, Stefano Signore, said the funding reflects increased EU investment in Nigeria’s development.

He noted that healthcare and agriculture remain priority sectors, particularly in improving infrastructure, local manufacturing and inclusion.

He added that the EU is also strengthening cooperation on migration by supporting better opportunities for returnee migrants.

Out of the €288 million package:

Managing Director of the Bank of Industry, Olasupo Olusi, said the partnership would channel long-term financing into critical sectors such as healthcare and agriculture.

He noted that collaboration with the European Investment Bank is expected to boost local production and support national resilience.

Finland’s Under Secretary of State for Foreign Trade, Jarno Syrjaia, also announced that Finland will lead efforts to strengthen Nigeria’s digital public services under the Team Europe Initiative, including support for the government’s three million Technical Talents (3MTT) programme.

The EU has continued to scale up investments in Nigeria across key sectors as part of a broader and long-standing economic partnership between Nigeria and the European Union.