NIGERIA EXPLORE WAYS TO STREGTNEN TIES WITH GERMANY

Nigeria explore opportunities to strengthen economic ties with Germany 

The Delegation of German Industry and Commerce (DGIC) in Nigeria is collaborating with Nigeria-German Business Association (NGBA) and also the German-African Business Association (Afrika-Verein der Deutschen Wirtschaft) to explore new investment opportunities that will help strengthen economic ties between Nigeria and Germany. This was however the idea behind the recently concluded 7th German-Nigeria business forum in Lagos.

The theme of the forum is: Leveraging partnership for economic growth. Also at the forum discussions bordered around Nigeria’s untouched potentials after the economic recession.

Entrepreneurs and also experts from several fields/sectors enlightened the audience on the challenges and latest developments in their sectors. Some of these sectors include; Agribusiness and Food Processing, Energy, Banking, Finance and Investment; Infrastructure, Mining, Oil and Gas; Digitalization and Startups; and also Technical and Vocational Education Training.

The forum also provided opportunity for for Nigerian and German businesses to network, exchange information and establish business contacts.

Some keynote speakers at event include;

  1. Prof. Yemi Osinbajo, Vice President, Federal Republic of Nigeria
  2. H.E. Dr. Okechukwu Enelamah, Hon. Minister for Trade & Investment
  3. H.E. Mr. Akinwunmi Ambode, Executive Governor, Lagos State
  4. H.E. Mr. Ibikunle Amosun, Executive Governor, Ogun State
  5. H.E. Mr. Babatunde Raji Fashola, Hon. Minister for Power
  6. H.E. Dr. Audu Ogbeh, Hon. Minister for Agriculture

Discusions at the Forum

Speaking at forum Governor Akinwunmi  Ambode, assured investors of a political stable and also secured environment. He also advised investors to take advantage of Lagos State free trade zone which is open to all nationals and countries of the world.

The Ambassador of Germany to Nigeria, Dr. Bernhard Schlagheck also urged Nigeria Government to provide adequate security for investors as economic stability is imperative in any economy. He also appealed that the government ensures free and fair election in the country.

Also at the forum, the Executive Secretary/CEO Nigeria Investment Promotion Council (NIPC), Yewande Sadiku described Africa as the most attractive investment destination in the world. She also said, Africa is the only continent designated in 2050 to grow more than double in size, while Nigeria will grow more than five per cent a year.

Africa and Nigeria’s attractiveness will certainly improve in the future.

 

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