The French government has pledged confidence in Nigeria’s economic reforms.
It also pledged to invest deeper across key sectors such as energy, manufacturing, and technology.
Speaking at a press conference in Lagos on Monday ahead of the 40th anniversary of the Franco-Nigerian Chamber of Commerce and Industry, the Consul-General of France in Lagos, Laurent Favier, said France remains firmly committed to strengthening its economic and diplomatic partnership with Nigeria.
According to Favier, the government of President Emmanuel Macron would continue to support initiatives that promote sustainable development, innovation, and job creation.
He further noted that Nigeria’s ongoing policy reforms have made it easier for foreign investors to come in.
He said; “We must commend the Nigerian government for its bold reforms, which are opening up the business environment and reinforcing bilateral relations.
“France is betting on Nigeria’s potential not just as an economic powerhouse, but as an innovation hub for Africa’s future.”
The Consul-General stated that Nigeria is France’s leading trading partner in sub-Saharan Africa and the fourth largest across the continent, accounting for about 20 per cent of France’s trade within the region.
He highlighted major French investments in Nigeria, including TotalEnergies’ planned $6bn investment in the country’s energy sector; FanMilk Nigeria’s expansion of its Ibadan production line under Danone; and Schneider Electric’s commissioning of a new office facility to provide sustainable energy solutions for industries and communities.
The President of FNCCI, Guillaume Niarfeix, said the chamber has played aided in promoting trade relations between the two countries.
With support from the French embassy, the consulate, Business France, AFD, Proparco, and French Tech, he said the FNCCI remains one of the most active bilateral chambers of commerce in Nigeria.
Niarfeix said; “Nigeria’s openness to the French business community reflects mutual respect and a shared vision. “This 40th anniversary celebration is not only about recognising our past achievements but also reaffirming our joint commitment to the future.”
As part of activities marking the anniversary, the FNCCI announced the French Week 2025, scheduled for 7–14 November in Lagos.
The week-long celebration will feature an opening cocktail ceremony, a start-up summit, a business forum, and an awards gala night highlighting four decades of Franco-Nigerian economic collaboration.
According to organisers, the events will serve as a platform to deepen business-to-business engagements, explore new investment opportunities, and celebrate the enduring friendship between France and Nigeria.
