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German-Nigerian trade volume hit €3b
German-Nigerian trade volume hit €3b
By: Michael Mike
German-Nigeria trade volume hit €3 billion in 2022, the German Ambassador to Nigeria, Annett Günther, said on Thursday.
Speaking during a parley with media in Abuja, the ambassador revealed that Germany’s main export to Nigeria are machines (28%), food products 20% and chemical products (19%) while Nigeria’s main exports to Germany are crude oil 83%, food products 12%, other raw materials 4%.
The envoy also revealed that no fewer than 90 German companies presently operates in the country with over 17,000 jobs directly created and minimum 10-fold indirectly.
She noted that all the European Union countries put together generated around 160,000 jobs in Nigeria, adding that Germany has invested over €600 million in development projects across all sectors of Nigeria’s economy, making it the second biggest donor.
She explained that this is beside the €620 million pledged to Economic Community of West African States (ECOWAS).
She revealed that in terms of humanitarian assistance, Germany remains the second biggest trading partner of Nigerians with €50 million in 2022 on activities such as protection, food security, health and shelter that save lives every day.
She also expressed willingness of Germany to increase the trade volume with Nigeria, she said: “The occasion is a positive one: The new Nigerian Government under the leadership of H.E. Bola Tinubu has embarked on a difficult but worthwhile journey. He wants to reshape and modernize the economy and secure the lives, liberty and property of the people. He announced bold reforms which would be necessary to place the nation on the path of prosperity and growth. I will not cite everything he said in his inaugural speech and most recently in his speech on the occasion of the 63rd Independence Day…
“We are convinced that this is a good time to deepen and intensify the close and cordial relations between Germany and Nigeria that have existed since Nigeria’s Independence, and to look for ways to further strengthen our partnership.”
The envoy also disclosed that 2000 Nigerians passed the German language examinations at the Goethe Institute in 2022 while about 4,000 Nigerians Students in Germany.
German-Nigerian trade volume hit €3b
Troops Arrest Suspected Gunrunner in Taraba State
By: Zagazola Makama
Troops of Operation Whirl Stroke (OPWS), in collaboration with Defence Intelligence Agency operatives and local vigilantes, have arrested a suspected gunrunner in Ardo-Kola Local Government Area of Taraba State.
Security sources said the arrest was made at about 7:45 a.m. on May 13 during an intelligence-led operation at Iware community in the area.
The suspect was reportedly apprehended following credible intelligence linking him to arms trafficking activities within the Amaseyo general area.
Preliminary interrogation revealed that the suspect was allegedly involved in illegal arms dealing, prompting his immediate arrest by the joint security team.
The suspect is currently in custody and undergoing further investigation, while security agencies say efforts are ongoing to dismantle arms trafficking networks operating within the state and surrounding areas.
Troops Arrest Suspected Gunrunner in Taraba State
Troops Rescue Kidnap Victim During Patrol in Kogi
By: Zagazola Makama
Troops of the Nigerian Army under Operation MESA have rescued a kidnap victim abandoned by suspected terrorists along the Obajana–Jakura–Tajimi axis in Lokoja Local Government Area of Kogi State.
Security sources said the rescue operation was carried out at about 9:00 a.m. on May 13 by troops of 12 Brigade during a fighting patrol along the old Obajana–Jakura–Tajimi road.
According to the report, the troops discovered the victim after suspected kidnappers abandoned him while fleeing from the advancing security personnel.
The rescued victim was subsequently reunited with his family after the operation.
Security patrols and clearance operations have continued along the route and adjoining communities as part of ongoing efforts to combat kidnapping and other criminal activities in the area.
Troops Neutralise Terrorist During Operation Savannah Shield in Niger State
By: Zagazola Makama
Troops of the Nigerian Army under Operation Savannah Shield have neutralised a suspected terrorist during an offensive operation in Borgu Local Government Area of Niger State.
Security sources said the operation was conducted at about 2:45 p.m. on May 13 by troops of 221 Battalion alongside personnel of CSIB XVI deployed at the Forward Operating Base (FOB) Babanna.
The troops reportedly carried out the offensive raid on Masaka Village following intelligence on terrorist activities within the area.
During the operation, the troops made contact with the suspected terrorists, leading to an exchange of fire.
According to the report, one of the fleeing terrorists accidentally triggered an Improvised Explosive Device (IED), which detonated and resulted in his death.
Troops subsequently recovered one magazine loaded with 12 rounds of 7.62mm special ammunition from the scene.
Security forces have continued exploitation and clearance operations in the area aimed at dismantling terrorist hideouts and preventing further attacks within the operational environment.
Troops Neutralise Terrorist During Operation Savannah Shield in Niger State
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