Nigeria seeks stronger investment ties with Spain

January 9, 2026
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Nigeria has signalled its readiness to strengthen economic ties with Spain, highlighting the European country’s role as a key partner and a gateway between Africa and Europe.

Speaking during a meeting with the leadership of CEOE, Spain’s leading business confederation, Minister of Foreign Affairs, Yusuf Tuggar, emphasised that Nigeria is committed to creating a conducive environment for foreign investment. He described Spain as a strategic partner whose collaboration is vital for expanding trade and investment opportunities between the two nations.

Addressing Spanish investors, Tuggar assured them that Nigeria’s economy is on a path of steady stabilisation. He noted that ongoing structural reforms, economic diversification efforts, and improved macroeconomic coordination are repositioning the country for sustainable growth.

The minister, who is leading Nigeria’s delegation in Spain, invited investors to explore opportunities across key sectors in the country, stressing that the government is keen on facilitating partnerships that will drive economic development.

Tuggar’s engagement reflects Nigeria’s broader strategy to deepen international investment links and leverage strategic partnerships to accelerate economic growth and development.

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