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EU, Nigeria agree to deepen investment flow into Nigeria

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Tuesday, 18 July 2017

EU, Nigeria agree to deepen investment flow into Nigeria

The European Union and Nigeria on Monday agreed to facilitate EU investment flow into Nigeria. Ambassador and Head of EU delegation to Nigeria and ECOWAS, Michel Arion, made this known in Abuja at a political dialogue between a Nigerian delegation led by Foreign Affairs Minister, Geoffrey Onyeama, and 20 representatives of EU’s member states in Nigeria. Arion said: “I will say that what we can do is to facilitate the EU investment in Nigeria which will be absolutely key, not only at the level of bilateral relations but in other fora.” He said that the meeting focused on Buhari’s three-point agenda of security, economy and corruption as well as others which include irregular migration and the humanitarian situation in the North East. The envoy said that EU and Nigeria could work together for mutual benefits of both parties and enhance peace, security and economic cooperation. He said: “We believe that our prosperity is your prosperity, we see West Africa as a block of ECOWAS and Nigeria as the big economy in the area. “We see West Africa not as export designation for the EU but investment destination for EU, we don’t have hidden agenda.’’ Arion said that the meeting also focused on Buhari’s agenda on security and economy. He said that the whole point was not on what the EU could do for Nigeria but what the EU and Nigeria could do together. Arrion said: “I believe that there are a lot of things we can do together basically in two main areas; one is peace and security, and the other one is prosperity. “We really believe that our security in the EU is your security; I believe we are fighting the same terrorists. “The one we are fighting in West Africa may go to Europe and the one we are fighting in Europe may come to West Africa. “We have common challenges and we can do much together in fighting terrorists and other criminals such as smugglers. We can work together that is for peace and security.”

Source: The Eagle Online