• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Germany-Nigeria Trade Hit €3bn In 2022 — Envoy

by Jonathan Nda-Isaiah
2 years ago
in News
German Ambassador to Nigeria, Annett Gunther.

German Ambassador to Nigeria, Annett Gunther.

Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The German Ambassador to Nigeria, Annett Gunther, announced a significant milestone in the diplomatic and economic ties between Germany and Nigeria.

Briefing journalists in Abuja, Gunther recalled that Germany-Nigeria diplomatic relations spanned over 60 years since Nigeria’s independence in 1960.

She disclosed that Nigeria is Germany’s second largest trading partner in Sub-Saharan Africa and is an important political, economic and cultural partner.

Gunther stated, “Germany contributed a total trade volume of €3 billion in 2022, marking a substantial increase from €2 billion in 2021.”

RELATED

Victorious Super Falcons Stun Morocco To Clinch 10th WAFCON Title

Victorious Super Falcons Stun Morocco To Clinch 10th WAFCON Title

7 minutes ago
Why I Wrote A Book On Mathematics At 10 – Young Author

Why I Wrote A Book On Mathematics At 10 – Young Author

15 minutes ago

“Germany and Nigeria have shared diplomatic relations spanning over 60 years since Nigeria’s independence in 1960.”

She added, “Germany’s Foreign Direct Investment (FDI) in Nigeria is set to surpass the €1 billion mark.”
This growing economic partnership is characterized by Germany’s exports of machinery (28 percent), food products (20 percent), and chemical products (19 percent) to Nigeria, while Nigeria primarily exports crude oil (83 percent), food products (12 percent), and other raw materials (4 percent) to Germany.

Gunther revealed the substantial presence of German companies in Nigeria, stating, “There are 90 German companies operating in Nigeria, directly creating approximately 1700 jobs and indirectly contributing at least 10-fold more employment opportunities.”

She also cited prominent companies such as Bayer, Bosch, DHL, Henkel, and Lufthansa as active participants.

Furthermore, Gunther highlighted the substantial impact of German investment in Nigeria’s energy and climate sectors.

She mentioned a bilateral energy partnership aimed at enhancing renewable energy production and energy efficiency since 2008.

According to her, this partnership aligns with Nigeria’s National Hydrogen Strategy, including the establishment of a German-Nigerian Hydrogen Office in Abuja.

She said the commitment to improving Nigeria’s electricity grid through the Presidential Power Initiative, using Siemens technology, was another notable aspect of Germany’s involvement.

Gunther noted, “German companies are keen to support Nigeria’s Energy Transition Plan (ETP) with high-tech investments in climate-friendly technology.”

Gunther also said the German company, Beiersdorf, has a large factory in Lagos, employing some 1000 Nigerians.

“The state-of-the art factory produces, among others, the well known skin cream Nivea, known for its blue, round boxes,” Gunther also said.

In the fields of energy and climate, Gunther stated that a bilateral energy partnership to build up renewable energy production and improve energy efficiency exists between both countries since 2008.

“This has been expanded in line with the Federal Government’s National Hydrogen Strategy with the opening of a German-Nigerian Hydrogen Office in Abuja, which supports the hydrogen sector with a view of increasing Nigeria’s export capabilities.

“Presidential Power Initiative is ongoing to improve Nigeria’s electricity grid with Siemens technology as a basis for enhanced economic growth.

“There is interest by German companies in implementing Nigeria’s Energy Transition Plan (ETP), using German high-tech investments in climate-friendly technology,” Gunther stated.

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.

In the field of development, the German envoy said Germany has committed a total of €600 million in development cooperation grants in ongoing projects, making it the second biggest donor.

“On top of this, Germany has pledged €620 million for ongoing projects with ECOWAS. Key activity areas are economic development, modernisation, climate protection and energy transition, education and skills development for youths, improving agricultural efficiency and financing, peacebuilding and conflict prevention, health and social protection.

“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.

In the area of stabilization, Gunther said in the Lake Chad Region, Germany has since 2019, contributed €96 million of €120 million raised along with other partners, to the United Nations Development Programme (UNDP) implemented Regional Stabilisation Facility (RSF) to stabilise Boko Haram conflict-affected areas.

“The rebuilt village of Ngarannam in Borno State, destroyed by Boko Haram in 2015 is the result of this activity amongst others. The village now boasts a school, a police post, trenches and watchtowers, and the returning population were provided with cash stipends, foodstuff and livestock to rebuild their lives,” Gunther also 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.

Gunther added that along with Norway, Germany has made substantial contribution to the total of €11.6 million required to fund the North-West preventive programme launched with the National Security Advisor (NSA) and Governors of Zamfara, Katsina and Sokoto to fight banditry and improve livelihoods.

In terms of humanitarian assistance, Gunther stated that Germany’s main humanitarian focus was protection, food security, health and shelter.

“Germany supported the regional approach on humanitarian assistance in the Lake Chad Basin Region with €87 million in 2022 and was the second biggest humanitarian donor in Nigeria with a total volume of €53,4 million in 2022.

“Germany was the biggest donor of the Nigerian Humanitarian Fund with €12 million in 2022,” Gunther further said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

Napoli To Take Legal Action Against Italian Company Over ‘Osimhen Doll’

Next Post

Navy Intercepts 205 Drums Of Smuggled Petrol On Lagos Waterway

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Victorious Super Falcons Stun Morocco To Clinch 10th WAFCON Title
Cover Stories

Victorious Super Falcons Stun Morocco To Clinch 10th WAFCON Title

2025/07/27
Why I Wrote A Book On Mathematics At 10 – Young Author
Cover Stories

Why I Wrote A Book On Mathematics At 10 – Young Author

2025/07/27
BREAKING: Super Falcons Clinch 10th WAFCON Title
Cover Stories

BREAKING: Super Falcons Clinch 10th WAFCON Title

2025/07/26
Police Arrest 6 Suspected Kidnappers In Kaduna, Zamfara
News

Police Arrest 6 Suspected Kidnappers In Kaduna, Zamfara

2025/07/26
UI Law Student Arrested for Allegedly Raping Fresher
News

78 Sanitation Offenders Arrested In Edo

2025/07/26
BBNaija S10: HoH Challenge To Hold Sundays, HoH Challenger On Monday
Entertainment

BBNaija S10: HoH Challenge To Hold Sundays, HoH Challenger On Monday

2025/07/26
Leadership Conference advertisement

LATEST

Victorious Super Falcons Stun Morocco To Clinch 10th WAFCON Title

Why I Wrote A Book On Mathematics At 10 – Young Author

Remi Tinubu Hails Falcons, Says ‘You’ve Written Your Names In Gold’

BREAKING: Super Falcons Clinch 10th WAFCON Title

Emmanuel, Adesuwa Crowned Champions Of 46th CBN Tennis Tourney

Police Arrest 6 Suspected Kidnappers In Kaduna, Zamfara

78 Sanitation Offenders Arrested In Edo

BBNaija S10: HoH Challenge To Hold Sundays, HoH Challenger On Monday

2025 Women’s Afrobasket: D’Tigress Thrash Rwanda In Opening Game

Ondo Varsity Students Protest Murder Of Female Colleague

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.