Nigeria has dismissed claims of hidden motives behind its investment agreements worth over €300 million with France. Officials say the deals focus on economic development, prioritizing infrastructure, healthcare, and food security.
Alkasim Abdulkadir, media aide to Foreign Affairs Minister Amb. Yusuf Maitama Tuggar, refuted allegations by Niger’s military leader, Abdourahamane Tchiani, accusing Nigeria of sponsoring terrorism via France. “These claims are baseless, misleading, and entirely fictional,” Abdulkadir said in a statement on Thursday.
The agreements, signed during President Bola Ahmed Tinubu’s visit to Paris, aim to enhance critical sectors, including agriculture, renewable energy, and human capital development. Abdulkadir stressed that the funds are not tied to establishing a French military post in Nigeria.
Economic Benefits Take Center Stage
Nigerian banks, Zenith Bank and United Bank for Africa (UBA), also expanded operations into France during the visit, signaling mutual economic collaboration. “The €300 million investment underscores Nigeria’s commitment to its citizens’ welfare and regional economic stability,” Abdulkadir added.
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The government clarified there are no French troops in Nigeria nor plans to host a foreign military base. Abdulkadir emphasized Nigeria’s adherence to mutual respect and non-interference in its dealings with France.
ECOWAS Defends Nigeria’s Generosity
The Economic Community of West African States (ECOWAS) expressed concern over Niger’s allegations, labeling them “unfounded.” A statement highlighted Nigeria’s long-standing role in fostering peace across Africa, citing its leadership in the Multinational Joint Task Force (MNJTF).
“For years, Nigeria has supported peace and security, not just within West Africa but across the continent,” ECOWAS stated. The body reaffirmed Nigeria’s reputation as a “generous and magnanimous” country dedicated to regional stability.
ECOWAS Urges Mali, Niger, and Burkina Faso to Reconsider Exit
These developments coincide with ECOWAS urging Mali, Niger, and Burkina Faso to reconsider their exit from the bloc. The nations have until July 29, 2025, to reverse their decision. ECOWAS Commission President Dr. Omar Touray confirmed this during a session in Abuja.
“The Authority recognizes their notifications and hopes they will reconsider their membership for the region’s collective good,” Touray said.
