In the upcoming months, the Netherlands plans to inject $250 million into Nigerian economy, of which $100 million will go toward a waste-to-wealth industrial complex located in Lagos State.
At a meeting with President Bola Tinubu at his official residence in The Hague, this news was delivered.
The Prime Minister praised Tinubu’s economic reforms, which have raised foreign investors’ confidence in Nigeria’s economy.
He also emphasized the nation’s dedication to democratic government and President Tinubu’s brave choices regarding fuel subsidies and other changes.
With its high-grade lithium reserves, President Tinubu promised that Nigeria is well-positioned to fuel the world’s and Europe’s transition to renewable energy.
He also emphasized how young the nation is, with 70% of its inhabitants under 30.
He highlighted Nigeria’s capacity to revolutionize its economy and offer avenues for the lawful immigration of skilled Nigerian laborers.
Noting that symbiotic economic links continue to be the best long-term road to sustained and reciprocal prosperity, Tinubu reaffirmed his commitment to building the developmental cooperation between the European Union (EU) and Nigeria.
He underlined the need of making decisions that will benefit all Nigerians and the necessity of long-term resources for success.
To sum up, the Netherlands is dedicated to supporting a robust connection with the EU and investing in Nigeria’s economy.
It is anticipated that the nation’s youthful population and dedication to mutually beneficial economic relationships will support its expansion and advancement.
