Nigeria Targets Bigger Nordic Investments As Ambassador…

Nigeria has moved to strengthen its economic, trade, investment and innovation partnerships with Sweden and other Nordic countries following the formal presentation of her Letters of Credence by Ambassador Lola Akande to King Carl XVI Gustaf of Sweden.

Key Highlights

• Ambassador Lola Akande has formally begun her diplomatic tenure in Sweden after presenting her Letters of Credence to King Carl XVI Gustaf.
• Akande is concurrently accredited to Denmark, Finland and Norway, covering Nigeria’s diplomatic interests across the Nordic region.
• She pledged to strengthen Nigeria’s partnerships with Sweden and other Nordic countries in trade, investment, innovation and sustainable development.
• The ambassador identified technology transfer, economic growth, peace and security as key areas for deeper cooperation.
• The Nigeria Nordic Business Alliance (NNBA) welcomed her appointment and expressed readiness to support stronger private-sector collaboration.

The ceremony in Stockholm formally marks the beginning of Akande’s diplomatic tenure in Sweden. She is also concurrently accredited to Denmark, Finland and Norway, giving her a broad 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 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.”

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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.

In a related development, the Nigeria Nordic Business Alliance (NNBA), led by its Director-General, Victor Oluwafemi, has welcomed the ambassador’s credentialing as an opportunity to expand structured private-sector and institutional cooperation between Nigeria and the Nordic countries.

According to the body, 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.