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Home Business & Finance Business

EuroCham warns Nigeria needs clear rules to attract EU investment

EU business leaders call for consistency to boost investor confidence

Mariam Balogun by Mariam Balogun
February 3, 2026
in Business, News
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EuroCham Nigeria investment policy reforms urged as European businesses seek regulatory clarity and consistency to expand trade and long-term investment

The Director of the European Business Chamber Nigeria, Yann Gilbert, has warned that inconsistent policies and unclear regulations remain major obstacles to attracting sustained European investment into Nigeria.

Also read: CBN governor hints at rate Cuts as inflation eases

Gilbert spoke in Lagos on Monday at the 2026 EuroCham Annual Conference and Expo, a high-level forum focused on strengthening economic integration and expanding bilateral trade between Nigeria and the European Union.

He said the next phase of global commerce, described as the “new trade frontier”, is increasingly shaped by sustainable industrial partnerships, resilience and innovation, stressing that Nigeria must align its regulatory environment with global best practices to remain competitive.

According to Gilbert, EuroCham Nigeria investment policy advocacy is centred on creating a predictable operating environment that reassures investors and enables long-term planning.

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He reaffirmed the chamber’s role as a strategic bridge between European investors and Nigerian policymakers.

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He added that effective execution of reforms is as critical as policy formulation, noting that regulatory clarity and consistency are essential to rebuilding confidence among European businesses operating in the country.

Discussions at the conference examined ongoing legislative and fiscal reforms aimed at strengthening Nigeria’s financial architecture, with speakers emphasising the need to align domestic regulations with international standards.

Participants agreed that de-risking the Nigerian market is vital to unlocking long-term European capital inflows.

Also speaking at the event, Chigozie Okwara said the chamber’s priority is to convert policy dialogue into tangible trade outcomes, including measurable increases in trade volumes and industrial partnerships.

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He described the gathering as a mandate for action rather than a talk shop.

Participants acknowledged that while recent fiscal reforms have introduced short-term pressures for businesses, they also offer a pathway to long-term economic stability, industrial expansion and deeper integration into global value chains.

Also read: Nigeria to benefit from EU’s €150bn global gateway initiative

In closing, EuroCham Nigeria leadership said insights from the conference would shape the chamber’s advocacy agenda for the coming year, with a renewed focus on translating dialogue into concrete investment growth and stronger commercial ties between Nigeria and Europe.

Mariam Balogun
Mariam Balogun

Mariam Balogun is a contributor to Freelanews.com, covering news, business, and public affairs.

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