Eu Seeks Areas To Invest Part Of 150bn Euro Sub-regional Package

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By Godfrey Bivbere

The European Union,EU, is seeking advice from the Nigerian Shippers Council, NSC, on areas to invest part of the 150 billion Euros earmarked for the Lagos-Abidjan corridor, in Nigerian ports.

EUs Directorate General, International Partnership, Jesus Gavilan, disclosed this while speaking during a visit of the EU to the Nigerian Shippers Council, NSC.

He highlighted some of the challenges along the Lagos-Abidjan corridor to include the numerous checkpoints that hinder smooth transport between Benin and Nigeria.

He said There is an investment package of 150 billion for Africa and West Africa because it is an important region where we are already investing a lot along the Lagos-Abidjan corridor. When you move from the Benin border to Lagos, you might be stopped at least 20 times along the route that has about 80 checkpoints. This is a big barrier for transport between the two countries.