The German Ambassador to Nigeria, Annett Gunther, has said that the trade volume between the Federal Republic of Germany and Nigeria hit €3 billion in 2022.
Briefing journalists in Abuja, Gunther disclosed that Nigeria is Germany’s second-largest trading partner in Sub-Saharan Africa and is an important political, economic and cultural partner.
According to Gunther, “There are 90 German companies present in Nigeria, creating around 1700 jobs directly and minimum 10-fold indirectly. All EU countries together have generated around 160000 jobs in Nigeria. Amongst the most active companies are Bayer, Bosch, DHL, Henkel, Knauf, Krones, Liebherr, Lufthansa, SAP, Siemens Energy and Synlab.”
In the fields of energy and climate, Gunther stated that a bilateral energy partnership to build up renewable energy production and improve energy efficiency has existed between both countries since 2008. In terms of German Government’s cooperation with Nigeria, Gunther explained that Germany implements its cooperation activities in Nigeria in the three pillars of Development, Stabilisation and Humanitarian, as well as Democracy, Rule of Law and Human Rights.
“As part of economic development activities, a cashew nut project has been set up in Lagos to train Nigerians in production and certification of cashew fruits for exporting,” Gunther disclosed. She further said Germany is committed to the ongoing implementation of the Borno Model for managing mass exits from Boko Haram, complementing EU €20 million project.
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