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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
News
Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road
Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road
By: Zagazola Makama
A senior police officer has died while 17 other passengers sustained injuries following a road accident along the Potiskum–Bauchi highway in Yobe State.
Sources said the crash occurred at about 3:15 p.m. on Feb. 21 near the bye-pass roundabout area of PKM on the outskirts of Potiskum.
The vehicle, a Toyota Hummer Bus belonging to Borno Express and conveying 18 passengers from Kaduna to Maiduguri, reportedly lost control after the rear tyre rim on the passenger side suddenly detached.
According to the sources , the driver veered off the road into a bush, resulting in fatal and multiple injuries.
One of the passengers, ACP Abubakar Ibrahim Balteh, 45, attached to the Borno State Police Command, sustained a severe head injury and died on the spot.
Two male and two female passengers escaped unhurt, while 13 others suffered serious injuries of varying degrees.
The injured victims and the deceased were evacuated to the General Hospital Potiskum for treatment and autopsy.
Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road
News
Troops of Operation FANSAN YANMA humiliate Lakurawa terrorists
Troops of Operation FANSAN YANMA humiliate Lakurawa terrorists
By: Zagazola Makama
Troops of Operation FANSAN YANMA have neutralised several of suspected Lakurawa terrorist elements following a failed attack on Dadinkowa community in Kebbi State.
Local intelligence sources said the armed group attempted to raid a local market in the early hours of Sunday and blocked a major access road into the community to facilitate the operation.
The sources disclosed that security forces responded swiftly after receiving distress alerts and engaged the attackers in a fierce gun battle, forcing them to retreat.
According to the sources, several of the assailants were neutralised during the encounter, while others escaped with suspected gunshot wounds.
The attempted market raid was successfully foiled, preventing potential civilian casualties and destruction of property.
Troops have since intensified patrols and clearance operations around Dadinkowa and adjoining areas to track fleeing elements and stabilise the security environment.
Troops of Operation FANSAN YANMA humiliate Lakurawa terrorists
News
One killed as suspected IPOB/ESN militants attack Ogbakoba Market in Anambra
One killed as suspected IPOB/ESN militants attack Ogbakoba Market in Anambra
By: Zagazola Makama
A 15-year-old boy was killed while security operatives repelled an attack by suspected members of the proscribed IPOB/ESN militia at Ogbakoba Market Arena in Anambra State.
Sources said the incident occurred on Feb. 21 at about 1:40 p.m., when a group of armed hoodlums emerged from a dense forest camp at Amiyi and opened sporadic fire at market-goers, apparently attempting to kidnap or rob residents.

A joint task force patrol team stationed at Amiyi responded swiftly, engaging the attackers in a fierce gun duel that forced them to retreat into the forest with bullet wounds. The injured boy was rushed to the village hospital but was confirmed dead on arrival. His body was deposited in the morgue for autopsy and preservation.
The sources added that later the same day at about 8:30 p.m., the armed group resurfaced near the community, snatching a shuttle bus with registration number HAL 987 XA and a GSM phone belonging to one Mr. Kinsley Iwunze of Okpotuno Odekpe, Ogbaru LGA.
Security operatives immediately dispatched teams to the scene, but the hoodlums had fled. Authorities said an aggressive manhunt was ongoing to apprehend the fleeing suspects.
One killed as suspected IPOB/ESN militants attack Ogbakoba Market in Anambra
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