Press Release: Nigeria signs €677 million European Development Fund agreement to support governance, trade and peace actions

On 19 November 2009 the European Commission signed a multi-million euro agreement that aims to help Nigeria tackle development challenges in the areas of governance, trade and peace. The agreement, signed in Brussels by the European Commissioner for Development and Humanitarian Aid, Karel De Gucht, and by Nigeria's Executive Secretary of the National Planning Commission, Professor Sylvester Monye, is an ambitious step forward in cooperation and is a direct result of the Nigeria-EU political dialogue. It reinforces cooperation in three strategic areas: peace and security; governance and human rights; trade and regional integration with €677 million for the period 2009–2013 financed through the European Development Fund.