News
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
UN Secretary-General Urges Global Reset as Military Spending Hits Record High
UN Secretary-General Urges Global Reset as Military Spending Hits Record High
By: Michael Mike
United Nations Secretary-General António Guterres has warned that the world is at a critical turning point, urging global leaders to redirect priorities from war to peace as military spending reaches unprecedented levels.
In his New Year video message, Guterres said the international community is grappling with deepening chaos and uncertainty marked by growing divisions, violence, climate breakdown and persistent violations of international law.
“The world stands at a crossroads,” the UN chief said, noting that many people are increasingly questioning whether political leaders are listening or prepared to act in the face of escalating global challenges.
Guterres revealed that global military expenditure has surged to about 2.7 trillion dollars, representing an increase of nearly 10 per cent. According to him, the figure is 13 times higher than total global development aid and roughly equal to the entire Gross Domestic Product of Africa.
He described the trend as alarming, especially as conflicts are raging at levels not seen since the Second World War, while millions of people continue to suffer from poverty, inequality and the effects of climate change.
Calling for a shift in global priorities, the Secretary-General stressed that lasting peace can only be achieved by investing more in human development rather than вооружed conflict. “A safer world begins by investing more in fighting poverty and less in fighting wars,” he said.
Guterres maintained that the world has sufficient resources to improve living standards, protect the planet and build a future anchored on peace and justice, if political will is applied.
Looking ahead to 2026, he challenged leaders across the globe to make decisive choices that place people and the environment above conflict and suffering. He also appealed to citizens worldwide to take responsibility and contribute to positive change.
“Our future depends on our collective courage to act,” Guterres said, calling for renewed global unity in the pursuit of justice, humanity and peace in the new year.
UN Secretary-General Urges Global Reset as Military Spending Hits Record High
News
Two others loose life as Anthony Joshua survives car crash in Ogun state
Two others loose life as Anthony Joshua survives car crash in Ogun state
By: Bodunrin Kayode
The Ogun State Police Command has confirmed two deaths even as the world renowned boxer, Anthony Joshua, survived a fatal car crash in Ogun state.
The three were moving in the same vehicle today when their vehicle was involved in a road traffic accident after a head on collision with an on coming vehicle at about 11:00 am, in Makun area of Ogun State.
The incident occurred along the Lagos–Ibadan Expressway, just before Danco Filling Station, near the Sagamu Interchange on the Ibadan-bound axis.
Ogun state police spokesman Oluseyi Babaseyi in a statement said that the vehicle conveying Anthony Joshua, a Lexus SUV, was involved in the accident under circumstances that are currently being investigated.
” He was seated in the rear of the vehicle, sustained minor injuries and receiving medical attention.
“Tragically, two other passengers in the vehicle lost their lives at the scene. The deceased have been conveyed to Livewell Hospital Morgue, Sagamu.
“The Ogun State Police Command extends heartfelt condolences to the families of the deceased and assures the public that a thorough investigation into the circumstances surrounding the accident has commenced..
“Further updates on the incident will be communicated as investigation progresses.” Said the release.
Two others loose life as Anthony Joshua survives car crash in Ogun state
News
Emir of FIKA calls for unity to foster development in Yobe
Emir of FIKA calls for unity to foster development in Yobe
By: Yahaya Wakili
His Royal Highness, the Emir of Fika and Chairman of the Yobe State Council of Traditional Rulers, Alhaji Dr. Muhammad Ibn Abali Muhammad Idrisa CON, CFR, has called on community leaders, elders, youth, and all stakeholders to join hands to unite in our commitment to fostering development, preserving our heritage, and empowering one another.
The royal father made the call at the unveiling of the potentials of Kukar-Gadu, the launching of the history of Kukar-Gadu, the presentation of the Kukar-Gadu physical development plan, and the commission of the Kukar-Gadu Empowerment Development Initiative at Kukar-Gadu town in Yobe state.
He said, “Let us first reflect on the profound heritage that Kukar-Gadu stlands for. Our history is steeped in resilience, courage, and a spirit of unity that transcends generations.” Adding that, the history of the Kukar-Gadu book is a testament to our past, a chronicle that honors our ancestors, celebrates our tradition, and preserves the narratives that define our identity.
Dr. Abali maintains that the Kukar-Gadu physical development plan is a visionary blueprint designed to guide our growth, improve our infrastructure, and enhance the quality of life for our commitment to sustainable development that is inclusive, strategic, and responsive to the needs of our community.
“It is essential that we work collaboratively to implement this plan, fostering partnerships among government entities, private stakeholders, and community members. Noted that, in doing so, we can transform our vision into reality. May this development plan serve as a catalyst for positive change, sparking economic growth and social progress.” The Royal Father said.
The Chairman of the Yobe State Council of Traditional Rulers further revealed that the commissioning of the Kukar-Gadu Empowerment Development Initiative aims to equip our youth and women with the skills and resources they need to thrive in an ever-changing world.
“As leaders, it is our duty to invest in our greatest asset—our people—and through this initiative, we will create a framework for economic sustainability, providing the tools necessary for individuals to succeed and strengthening our community as a whole. Together we seek to build a future that is prosperous and full of possibilities.
Emir of FIKA calls for unity to foster development in Yobe
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