Germany to bring more investors to Nigeria

The Consul-General of Germany in Lagos, Mr Ingo Herbert, on Wednesday announced his government’s readiness to encourage more German companies and investors to increase their investments in Nigeria.

Herbert disclosed this on the sidelines of his visit to the Lagos Floor of the Nigerian Stock Exchange (NSE).

The Envoy said that there was currently a growing interest of companies and investors to “come back’’ to Nigeria to explore her business and investment opportunities.

“Already, more and more German companies and investors have started coming back to Nigeria. Some have started opening up their representations in some parts of Nigeria.

“I can assure the Nigerian Government and Nigerians that the interest of the German business community in Nigeria is fully back.

“What this means is that many more German companies are ready to take advantage of Nigeria’s investment opportunities,’’ he said.

Herbert, who lauded the operations of the Nigerian Stock Exchange, expressed satisfaction over the increasing number of German companies currently listed at the stock market.

He described the NSE as the second largest in Africa, with potentials for driving Nigeria and Africa’s economy.

The consul-general expressed optimism that with the growing interest of German companies in Nigeria, more of the companies would be listed in the market in the near future.

Herbert also assured of the promotion of more fruitful economic and diplomatic relations between Nigeria and Germany in the years ahead.

He expressed the Consulate-General’s readiness to facilitate the right platform for attracting more German companies and investors into Nigeria.