Akande: Nigeria Eyes Increased Nordic Investments, Partnerships

Nigeria is targeting strengthened economic, trade, investment and innovation partnerships with Sweden and other Nordic countries.

This followed the formal presentation of Letters of Credence by Ambassador Lola Akande to King Carl XVI Gustaf of Sweden.

The ceremony in Stockholm formally marked the beginning of Akande’s diplomatic tenure in Sweden with concurrent accreditation to Denmark, Finland and Norway which

broadened her mandate to advance Nigeria’s interests across the Nordic region.

Speaking at a Vin d’Honneur held at the Ambassador’s Residence in Stockholm after the credentialing ceremony, Akande expressed appreciation to President Bola Ahmed Tinubu for entrusting her with the responsibility of representing Nigeria abroad.

She also thanked the Swedish government and people for their warm reception, pledging to pursue a close, constructive and results-driven relationship between Nigeria and Sweden.

“The challenges and opportunities before our nations require purposeful partnership,” Akande said.

“Nigeria stands ready to work closely with the Government of Sweden, our fellow African missions and Nordic partners to advance shared priorities in trade, investment, innovation, sustainable development, peace and security.”

The ambassador stressed the importance of stronger cooperation between Nigeria and the Nordic countries, particularly in areas capable of driving economic growth, technology transfer, innovation and sustainable development.

She also acknowledged Sweden’s Ministry for Foreign Affairs, the African diplomatic group, members of the Diplomatic Corps, Embassy of Nigeria officials and the Nigerian community in Sweden for their support.

Akande further emphasised the importance of African unity and collective action, saying sustainable development would be better achieved through collaboration, mutual respect and practical partnerships.

She is expected to present her Letters of Credence in Denmark, Finland and Norway in the coming weeks, opening further avenues for Nigeria to deepen its economic and institutional engagement across the Nordic region.

The Nigeria Nordic Business Alliance (NNBA), led by its Director-General, Sir Victor Walsh Oluwafemi, KJW, welcomed the ambassador’s resumption, describing it as an opportunity to expand structured private-sector and institutional cooperation between Nigeria and the Nordic countries.

According to the Alliance, its role is to facilitate two-way access between Nigerian and Nordic investors, businesses and institutions while supporting practical partnerships in key sectors.

These include trade and investment, technology, innovation, skills development, infrastructure, maritime development and media collaboration.

The NNBA said it would work to translate the longstanding goodwill between Nigeria and the Nordic countries into concrete and measurable opportunities for businesses, institutions and communities on both sides.

The development comes as Nigeria seeks to deepen international economic partnerships, attract investment and expand opportunities for Nigerian businesses in strategic global markets.