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EU Ambassador Highlights Nigeria’s Untapped Potential for Trade, Investment

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By Gloria Ikibah

 

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The newly appointed European Union (EU) Ambassador to Nigeria and ECOWAS, Ambassador Gautier Mignot, has reiterated the EU’s commitment to supporting Nigeria in solidifying its position as a stabilizing force in Africa.

 

Ambassador Mignot expressed optimism about Nigeria’s journey towards becoming a peaceful, prosperous, and sustainable nation built on a strong democratic foundation that upholds the rights of all its citizens.

 

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The envoy stated this at a media luncheon with journalists in Abuja, acknowledging the vibrant role of the European Chamber of Commerce (Eurocham) under the leadership of its Chairman, Yann Jigler.

He outlined plans to explore untapped opportunities for enhanced trade and investment, while launching new initiatives and projects aimed at strengthening the partnership between Nigeria and the EU.

 

However, the Ambassador noted the absence of a formal agreement or structured dialogue framework between Nigeria and the EU on trade and economic issues.

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He expressed the willingness of the EU to address this gap by fostering better economic relations and dialogue to remove barriers that hinder increased European investment and trade in Nigeria.

 

Ambassador Mignot further reiterated that EU relationship with Nigeria is anchored on shared values such as human rights, democracy, the rule of law, multilateralism, and adherence to international law. He underscored the importance of aligning mutual interests to ensure a stronger and more dynamic partnership.

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“The EU interests to see Nigeria consolidate its role as an anchor of stability in Africa and progress on its path towards a peaceful, prosperous and sustainable future, resting on a robust democracy and allowing all citizens to enjoy their fundamental rights.
“This strong partnership in particular applies to the trade and investment relationship. Nigeria’s first trade and investment partner, more or less one third of external trade for a direct investment in Nigeria is with the EU. And we have a vibrant European Chamber of Commerce, Eurocham, and the chairman of Eurocham is with us also today, Yann Jigler, and I will give him the floor just after my presentation to tell you a few words about the Eurocham annual stakeholders conference which will take place next Thursday in Lagos.
“And we want to help Nigerians in this endeavour, of course with the full respect for Nigeria’s sovereignty and also with the doses of humility, because especially in such a large country we cannot pretend that all cooperation is the main driver of change.
“And of course here the role is a very important role, the press has a very important role to play as a clinging house, let’s say, to explain to people and make the difference between the truth and the fake news.
“And as I told His Excellency the President during the credential ceremony, in uncertain times, in a fast evolving world as today, you need a constant and faithful partner on whom you know you can count.
“And the EU is and wants to be this for Nigeria and we feel that the reciprocity is true and we see Nigeria as a key partner and a major player in Africa and in the world and the next few years.
“And our new leaders are very much interested in Nigeria and we hope to have high-level visits and meetings soon to announce, to impulse our relationship at a higher level.
The Envoy stated that the EU mission was to strengthen the already existing partnership and give visibility to achievements in Nigeria.
According to him, EU-Nigeria partnership in Nigeria suffers from a lack of visibility still and there is need to combat it, not only in Nigeria but in other parts of West Africa and in the world.
He mentioned that the EU would also combat disinformation and misconceptions which are sometimes fostered by people and foreign interests, or simply in many cases misconceptions from people of good faith that seem to be ill-informed or influenced by fake news or disinformation.
“And so my mission, or rather our mission, because it is a teamwork in fact, is to propose and implement decisions made by our leaders to strengthen our partnership. And in fact it has two aspects.
“The first aspect of our mission is to give visibility, more visibility, to what we are already achieving in Nigeria and with Nigeria.
“And the second part is to impose new initiatives and projects to exploit the untapped potential of this partnership. So we are in fact already doing a othe stressed.
“Through the global gateway strategy I have just mentioned and investment agenda, we want to focus more on creating jobs and opportunities, especially for young people in Nigeria, building on Nigerians’ great sense of entrepreneurship and in sectors like green economy, digital, agri-food and health. And this is actually already an ongoing work. And we want to pay special attention to the north of the country where there are specific needs but also a great sense of entrepreneurship again.
“And we could witness this a few days ago during a recent trip to the northeast and we have a package of ongoing and new projects there. Now we could also sign science, technology and investment and innovation agreements to foster projects and opportunities in higher education and research. We want also to further strengthen our engagement in peace and security, responding better to Nigeria’s needs and expectations” he said.
Responding to questions on migration, Ambassador Mignot assured that EU will develop a migration partnership with Nigeria covering all aspects, the fight against smuggling and trafficking of human beings, legal pathways to respond to both parties’ interests, work with diasporas and also the issue of readmission and reintegration of migrants not admitted to remain in the EU or stranded in their way to Europe.
“And we hope very much to finalize the negotiation of a readmission agreement which could pave the way to a broader partnership. On regional issues and global issues we want also to achieve a closer consultation with Nigeria.
“The European Union is already the main supporter of ECOWAS and of course we have a vested interest in supporting the whole region in the same way as we want to support Nigeria. Development and prosperity and stability of West Africa is also key for us. And finally on all issues we want to partner more closely with Nigerian authorities at federal and local and state levels” he ended.

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Reps Launch Nationwide Probe into Illegal Mining, Vow Crackdown on Revenue Leakages

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By Gloria Ikibah

The House of Representatives has commenced a comprehensive investigation into illegal mineral exploitation across Nigeria, pledging to tackle the activities of criminal networks draining the country’s vast mineral resources.

The move was the resolution at a high-level stakeholders’ workshop on extractive industry governance organised by the House Ad Hoc Committee on Mineral Exploitation, Security and Anti-Money Laundering on Monday in Abuja.

Declaring the workshop open, Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, described the committee’s assignment as one of the most significant responsibilities before the National Assembly.

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He lamented that for years, illegal operators had continued to exploit Nigeria’s mineral wealth, depriving the country of much-needed revenue and weakening its economic potential.

Abbas explained that the workshop was designed to gather credible information, evidence and practical recommendations from regulators, security agencies and operators within the extractive industry before the House considers further legislative action.

He urged participants to speak openly and contribute meaningful solutions.

According to him, “Nigeria cannot achieve economic diversification, fiscal stability or job creation if the sector that should be a second revenue pillar is bleeding from illegality and opacity.

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“This is not an inquisition; it is a partnership. Withhold nothing, speak plainly and proffer solutions. The success of this intervention depends on the quality of information we receive and the sincerity of purpose we all bring to this room”.

Earlier, Chairman of the House Ad Hoc Committee on Mineral Exploitation, Security and Anti-Money Laundering, Rep. Sanni Abdulraheem, said the committee was also examining whether existing laws and regulatory institutions were strong enough to close loopholes that continue to encourage illegal mining.

He explained that the investigation will also trace the financial networks through which proceeds from illegal mining are concealed and laundered, while assessing whether security arrangements around mining communities are adequate.

Abdulraheem identified illegal mining, weak enforcement and money laundering as the major factors responsible for the disconnect.

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“Nigeria is blessed. Few nations on earth carry the range and richness of mineral deposits that lie across our states—gold, lithium, tin, coal, tantalite and many more. On paper, these resources should be transforming livelihoods, funding schools and hospitals, and strengthening our national economy. Yet, for too long, a troubling gap has persisted between the wealth in our ground and the prosperity in our communities.

“That gap has a name: illegal mining, weak enforcement, and the laundering of proceeds that should belong to the Nigerian people. It is a gap filled instead by criminal networks, by revenue leakages we can no longer afford to ignore, and by security threats that have, in some of our communities, turned mineral-rich land into contested and dangerous territory”, hesaid.

The lawmaker noted that the committee had already engaged several government agencies and, where necessary, issued summons to compel cooperation.

He emphasised that the exercise was not intended to create confrontation but to ensure transparency and accountability.

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“Oversight without candour achieves nothing, and reform without accurate information is guesswork dressed as policy,” he added.

Abdulraheem maintained that addressing illegal mining required collaboration among regulators, security agencies, financial intelligence institutions, state governments, traditional rulers, licensed operators and civil society organisations.

He also commended security agencies, particularly the Nigeria Security and Civil Defence Corps (NSCDC) and the Mining Marshals, for their efforts in protecting the country’s mineral resources.

According to him, “We must understand your capacity gaps honestly, so that we can recommend the support and reform you genuinely need.”

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He further noted that illicit mining proceeds often pass through complex financial channels that require coordinated efforts to track and dismantle.

“Illicit proceeds do not vanish—they move through accounts, shell arrangements and cross-border channels that can be traced with the right tools and the right political will. We look to your expertise to help this Committee and the nation close those channels,” he said.

He therefore assured participants that all submissions, data and recommendations received during the workshop would form part of the committee’s final report to the House.

Also speaking at the event, the Nigeria Security and Civil Defence Corps disclosed that its Mining Marshals had arrested more than 671 suspected illegal miners across the country, with 397 already facing prosecution.

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Representing the Commandant-General of the NSCDC, Ahmed Audi, the Commander of the Mining Marshals, Attah Onoja, said the Corps had dismantled several illegal mining sites, leading to improved government revenue and renewed investor confidence in the sector.

He, however, identified inadequate logistics, limited manpower, delays in the judicial process and interference from organised criminal syndicates as major obstacles to effective enforcement.

Onoja called for increased funding, improved surveillance technology and the establishment of specialised courts to handle mining-related offences more efficiently.

The workshop attracted regulators, security agencies, industry operators and other stakeholders, who pledged to support efforts aimed at sanitising Nigeria’s mining sector and ensuring that the country’s mineral resources contribute meaningfully to national development.

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Tinubu Flags Off Tungan Madaki-Zuba Road(Photos)

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… Moves to Deepen Integration of Satellite Towns into Abuja Development plan

President Bola Ahmed Tinubu on Monday, advanced his administration’s drive to integrate satellite communities into the Federal Capital Territory’s development framework with the flag-off of the construction of the access road linking Tungan Madaki to the Abuja-Kaduna Expressway through Zuba.

The President, represented by the Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, said the project is part of the Renewed Hope Agenda aimed at ensuring that rural and suburban communities benefit from the same level of infrastructure development as residents of the city centre.

According to him, the road project formed a critical component of a broader strategy to connect communities, stimulate economic activities, improve mobility and unlock investment opportunities across the FCT.

“This project is a direct continuation of the road from the Bill Clinton Drive to Tungan Madaki Community Road which we commissioned a few weeks ago as part of the activities marking the third anniversary of the Renewed Hope Administration.

“What began as one road is now growing into a network, and that is how real development takes root,” Tinubu said.

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The President noted that residents of Tungan Madaki, Zuba and neighbouring communities, many of whom are farmers, traders and students, have endured years of poor road access that hindered movement, increased transportation costs and limited economic opportunities.

He explained that the new road would provide a direct link to the Abuja-Kaduna Highway, reduce travel time, lower vehicle maintenance costs and facilitate the movement of goods and services.

“This new road will link Tungan Madaki directly to the Abuja-Kaduna Road, cutting travel time, reducing vehicle maintenance costs, and opening a faster route for people and goods.

“It will connect rural productivity to urban opportunity. When farmlands are opened, food becomes cheaper in our markets. When communities are connected, young people have more reason to build enterprises at home,” he stated.

Tinubu further stressed that infrastructure development remains central to his administration’s economic agenda, describing roads as catalysts for prosperity, security and social inclusion.

“Infrastructure is not just concrete and asphalt. It is the bridge between potential and prosperity, and that is the core of the Renewed Hope Agenda,” he added.

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The President said the project would also ease traffic pressure on the Abuja city centre, provide alternative routes for commuters and strengthen the economic corridor between the FCT, Kaduna and the wider North-West region.

He noted that improved infrastructure along the axis would encourage investments in housing, healthcare, education and industrial development.

Commending the Minister of the Federal Capital Territory, Nyesom Wike, for the pace of infrastructure delivery in the capital city, Tinubu said the administration was witnessing a renewed emphasis on project completion and measurable results.

“From major highways to community access roads like this one, we are seeing a return to planning, a rejection of abandoned projects, and a focus on results that citizens can feel,” he said.

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The President also directed the contractor to ensure timely completion and quality delivery of the project while engaging local labour to create employment opportunities for youths in the area.

Earlier, FCT Minister, Barr. Nyesom Wike, said the road project was in line with Tinubu’s directive that all satellite towns and area councils should be adequately connected to the city centre through modern road infrastructure.

Wike disclosed that the project emerged after the Chairman of Gwagwalada Area Council drew the administration’s attention to the need for a direct link between Zuba and Abuja to reduce travel stress on residents.

“It has been the directive of Mr. President that all communities and all satellite towns must be linked up to the city. What we are doing today is to fulfil that promise that Mr. President made to Nigerians,” Wike said.

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He explained that upon completion, residents of Zuba and adjoining communities would enjoy easier access to Abuja and the Nnamdi Azikiwe International Airport without having to travel through Gwagwalada.

The minister described the project as another milestone in the FCT Administration’s efforts to open up rural communities and improve the quality of life of residents.

He expressed optimism that the contractor, China Civil Engineering Construction Corporation, CCECC, would complete the project before the end of the year.

“We are putting pressure on them to ensure that by December, by the grace of God, we will commission this road. For the people of Tungan Madaki and Zuba, this is a Christmas gift,” Wike said.

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While delivering a vote of thanks, FCT Minister of State, Dr. Mariya Mahmoud, stated that the construction of the access road from Tungan Madaki to the Abuja–Kaduna Road at Zuba was another bold demonstration of the commitment of President Bola Ahmed Tinubu’s Renewed Hope Agenda and the FCT Administration’s determination to extend infrastructure and economic opportunities to underserved communities.

Mahmoud also said the road would significantly improve connectivity, stimulate commerce, attract investment, and enhance the quality of life of residents across Tungan Madaki, Zuba, and neighbouring communities.

According to the Minister, the project reflects the Federal Capital Territory Administration’s unwavering resolve to ensure that no community is left behind in the ongoing transformation of the nation’s capital.

She expressed profound appreciation to President Bola Ahmed Tinubu, for providing the visionary leadership that has continued to drive unprecedented infrastructure development across the Federal Capital Territory through the Renewed Hope Agenda.

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Sad: Gunmen k!ll 300-level varsity student, abduct palace secretary, four others in Edo

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Unidentified gunmen suspected to be kidnappers have reportedly killed a 300-level student of the Ambrose Alli University, AAU, Ekpoma and abducted five others in Edo State.

The incident happened separately on Friday, July 10, and Sunday, July 12, 2026 in Idoa and Ekpoma communities, respectively.

In the accident that happened on July 12, 2026, a student whose identity is yet to be ascertained was reportedly abducted on the night of the fateful day when the gunmen invaded his residence. A woman was also allegedly abducted by the assailants on the same day.

The killing of the student and the abduction of the woman was disclosed in Esan Political Assembly facebook page.

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In the Idoa kidnapping incident, the gunmen abducted the secretary to the palace of the community alongside three children.

It was gathered that the victims were abducted on Friday morning, July 10,2026.

A source who said the secretary is his brother and the children those of his neighbours, added that the abductors have demanded for N30 million ransom.

He said the abductors threatened to kill the victims if the ransom was not paid before the end of July 13.

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According to him, my brother was kidnapped on Friday morning at the Idoa community, in Esan west Local Government Area. He is the secretary of the Idoa palace. They are demanding for N30 million.

“He was kidnapped alongside other small children that were with him. His vehicle broke down on his way to the farm and he left it where it broke down.

“The next day, he came back to the place with tools and other things to repair the motor. As he was there to repair the vehicle, gunmen just came out from the bush, rounded them up and took them into the bush.

“They have made contact demanding for N30m ransom and threatened that if we did not bring the money by the end of today, they will kill them.

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“The children are those of his neighbours. The children followed him to where he wanted to repair his vehicle just to give him support, and he was to bring them back home after the repair because they live together,” he said.

While appealing to government and security agencies for intervention for the rescue of the victims, he said the incident has been reported to the Police.

At the time of the report the Public Relations Officer of the Edo State Police Command, ASP Eno Ikoedem, was yet to respond to a message sent to her whatsapp.

Recall that a high-ranking chief of the community, identified as Chief Jimah Jacob Ogboi was on February 26, 2026 reportedly killed and his daughters abducted.

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The gunmen were alleged to have struck in the night and instantly shot the deceased while they used machetes and other dangerous weapons on his wife.

The gunmen who were four in number, allegedly invaded the deceased house, shot him and went away with his two daughters.

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