Connect with us

News

German-Nigerian trade volume hit €3b

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Bandits kill two, abduct woman in Chikun, Kaduna

Published

on

Bandits kill two, abduct woman in Chikun, Kaduna

By: Zagazola Makama

Suspected bandits have killed two persons, injured one and abducted a woman during an attack on Rimi Kamazo community in Chikun Local Government Area of Kaduna State.

Zagazola report that the incident occurred on Dec. 28 at about 11:50 a.m. when an unspecified number of armed bandits invaded the community, firing sporadically and causing panic among residents.

Victims of the attack were identified as Zainab Amos Bagoro, 55, and Aminu Amos Bagoro, 25, who were shot and fatally injured. Another victim, Gayus Amos Bagoro, sustained gunshot injuries and is currently receiving treatment.

The attackers also abducted Justina Abednego, 25, and took her to an unknown destination.

Sources said security operatives received information about the attack at about 2:00 a.m. on Dec. 29 and immediately mobilised to the area in collaboration with other security agencies.

The injured victims were rushed to hospital for medical attention, where the two critically injured persons were confirmed dead, while the surviving victim is receiving treatment at St. Gerald Hospital, Kakuri, Kaduna.

The corpses of the deceased were deposited at the hospital morgue for autopsy.

Security forces have intensified efforts to rescue the abducted woman and track down the perpetrators, while investigations into the incident have commenced.

Bandits kill two, abduct woman in Chikun, Kaduna

Continue Reading

News

Mob sets NSCDC office ablaze, kills three suspects in Kano

Published

on

Mob sets NSCDC office ablaze, kills three suspects in Kano

By: Zagazola Makama

Atleast three suspected motorcycle thieves were killed by a mob while the office of the Nigeria Security and Civil Defence Corps (NSCDC) was raised in Dawakin Kudu Local Government Area of the state.

Zagazola Makama learnt that the incident occurred at about 9:00 p.m. on Dec. 28 at the Danmaje Quarters Divisional Office of the NSCDC in Dawakin Kudu.

According to sources , personnel of the NSCDC attached to the office had earlier arrested three suspects over alleged motorcycle theft.

The source said that following the arrest, angry youths armed with dangerous weapons mobilised in large numbers and stormed the NSCDC office, demanding that the suspects be released to them for lynching.

“They overpowered the NSCDC personnel, chased them out of the office and set both the office and the suspects ablaze,” the source said.

Sources said the scene was later visited by security operatives, while the victims were rushed to the Aminu Kano Teaching Hospital, where they were certified dead by medical personnel.

The corpses were subsequently deposited at the hospital’s morgue.

Mob sets NSCDC office ablaze, kills three suspects in Kano

Continue Reading

News

NESREA Shuts Sunseed Oil Facility in Zaria Over Air Pollution Violations

Published

on

NESREA Shuts Sunseed Oil Facility in Zaria Over Air Pollution Violations

By: Michael Mike

The National Environmental Standards and Regulations Enforcement Agency (NESREA) has ordered the closure of the Sunseed Oil processing plant in Zaria, Kaduna State, following findings of severe air pollution linked to the facility’s operations.

NESREA said the action was taken after investigations confirmed that the plant was emitting harmful pollutants into the atmosphere in breach of the National Environmental (Air Quality Control) Regulations.

The regulations require industries to install effective pollution control systems and adopt cleaner production methods to minimize environmental and health risks.

A statement by the agency’s spokesperson, Nwamaka Ejiofor on Tuesday, said the level of emissions from the Sunseed Oil facility posed a direct threat to the surrounding environment and residents in nearby communities, prompting immediate intervention to halt further damage.

She noted that the enforcement exercise reflects the agency’s resolve to ensure that industrial operators comply with environmental standards and to protect the public from the dangers associated with uncontrolled industrial emissions and effluents.

Commenting on the development, the Director-General of NESREA, Prof. Innocent Barikor, warned companies operating across the country to adhere strictly to national environmental laws.

He stressed that the agency would continue to take decisive action against facilities whose operations endanger public health or degrade the environment.

NESREA reiterated its commitment to regular monitoring and enforcement, noting that environmental protection remains a critical component of sustainable development in Nigeria.

NESREA Shuts Sunseed Oil Facility in Zaria Over Air Pollution Violations

Continue Reading

Trending

Verified by MonsterInsights