Nigeria will receive a nearly $1 billion financial package from the European Union to advance, among others, the country’s green energy transition. Together with Team Europe, this major package forms a central part of the EU-Nigeria cooperation to advance the country’s green, resilient, digital inclusive transition. Support the improvement of the criminal justice system, access to justice and the fight against corruption ($31.9m)Have you read? EU funding for Africa worth €150bn to boost post-pandemic growthUrpilainen said the funding stands to benefit Nigerian businesses, farmers, youth and the society as a whole. This includes a “2X Challenge” $53.3m credit facility with Access Bank for loans to female entrepreneurs and managers in Nigeria, expected to create jobs and growth in line with the green economy priorities.
