Head of Cooperation at the EU Delegation to Nigeria and ECOWAS, Massimo De Luca stated this yesterday during a meeting with private sector players in Lagos.
A statement by the EU said the meeting was focused on forging collaborations and ramping up investments to strengthen Nigeria’s digital economy ecosystem.
The statement said in line with the Global Gateway Strategy, the EU-Nigeria Digital Economy Package aims to support Nigeria’s digital transition and support the ambition of making Nigeria a regional digital hub.
De Luca said the EU is trying to attract the support of the private sector, specifically to the digital infrastructure component, and to boost the public-private partnership framework in Nigeria.
He said this would allow the private sector to engage in large-scale projects, such as the 90,000km expansion with the support of the EU, which will provide guarantees and de-risking financial mechanisms.