The Nigerian Leader, President Bola Ahmed Tinubu has reiterated his administration’s commitment to enhancing the partnership between Nigeria and Germany.
This commitment is to foster a more fruitful collaboration that benefits both nations, specifically in areas such as energy and other critical sectors of economic development.
During a bilateral meeting with German President, Frank-Walter Steinmeier, at the State House in Abuja on Wednesday, President Tinubu emphasised the importance of building robust ties that benefit both nations.
The President underscored Nigeria’s willingness to engage in international business collaborations and assured that the current economic reforms are aimed at fostering a supportive environment for foreign investments.
Additionally, he highlighted the eagerness of both Nigerian and German policymakers and business leaders to deepen collaboration, as evident by prior engagements.
President Tinubu further disclosed his government’s efforts to enhance business rankings and create frameworks for mutual prosperity.
He expressed optimism about strengthening both people-to-people connections and government-level facilitation of economic opportunities.
Speaking during a joint press conference at the end of the bilateral meetings, he said “it was a very good bilateral discussion.
“I could see from the previous meeting, earlier meeting today that our businessmen and policymakers are very anxious to do business with Germany
“Mine is to continue to give you assurances that our business doors are open and reforms are working very well. These business ranking, that’s what we have discussed.
“We plan to strengthen the relationship and build partnership that is fulfilling and rewarding to the two countries, people-to-people relationship, and government-to-government facilitation of opportunities and prosperity”, President Tinubu added.
Significant Gains
Nigeria stands to gain significantly from its partnership with Germany through a €4 billion investment in green energy projects by 2030.
This initiative aligns with Nigeria’s goals of economic diversification, job creation, and sustainable development under President Tinubu’s agenda.
Other Gains include Enhancing Nigeria’s role in the global green hydrogen market, with plans from Germany to import renewable resources, which is crucial for the carbon neutrality efforts of Germany by 2045.
Dominica Nwabufo
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