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Massimo De Luca: Nigeria and Europe Must Build Long-term Investment Partnerships

Diajem News· 2 min read· 2 months ago

Massimo De Luca, who serves as the Head of Cooperation for the EU Delegation to Nigeria and ECOWAS, recently emphasized the critical need for Nigeria and European nations to establish enduring, long-term investment partnerships. His remarks were made in anticipation of the upcoming 10th Nigeria-EU Business Forum, an event scheduled to take place on June 25, 2026, in Lagos. This highlights a strategic focus on strengthening economic ties between the regions.

The call for long-term investment partnerships is significant for both Nigeria and Europe, as it points towards a future of sustained economic collaboration and mutual growth. Such partnerships can unlock significant capital flows, facilitate technology transfer, and create job opportunities within Nigeria, while offering European investors access to a dynamic and growing market. De Luca’s emphasis underscores the importance of moving beyond short-term engagements to build resilient economic relationships that can withstand global fluctuations and drive consistent development for all involved parties.

Massimo De Luca, in his capacity as Head of Cooperation for the EU Delegation to Nigeria and ECOWAS, plays a pivotal role in fostering diplomatic and economic relations between the European Union and the West African region. His statement precedes the 10th Nigeria-EU Business Forum, an event that has historically served as a key platform for dialogue and engagement between European and Nigerian economic actors. The forum’s consistent staging over a decade signifies a sustained commitment to bilateral economic relations. This year’s forum in Lagos aims to provide a practical setting for investors, businesses, policymakers, and financial institutions to interact, explore opportunities, and formalize collaborations. The underlying objective is to strengthen economic cooperation, building on past successes and addressing current challenges to create a more integrated and prosperous relationship between Nigeria and Europe, particularly through strategic investments that yield long-term benefits.

The upcoming 10th Nigeria-EU Business Forum on June 25, 2026, in Lagos will be a direct outcome of these discussions, aiming to operationalize the call for long-term investment partnerships. The forum is expected to facilitate concrete engagements and potential agreements among the various stakeholders. Following the event, it is anticipated that new investment opportunities will emerge, and existing partnerships will be further solidified, contributing to Nigeria’s economic landscape and strengthening its ties with European economies through sustained and strategic investments.

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