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German-Nigerian trade volume hit €3b

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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

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Troops Rescue INEC Official, Arrest Suspects After Election-Related Kidnapping Attempt in Cross River

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Troops Rescue INEC Official, Arrest Suspects After Election-Related Kidnapping Attempt in Cross River

By: Zagazola Makama

Troops have rescued an official of the Independent National Electoral Commission (INEC) and arrested three suspects following a reported kidnapping and disruption of election-related activities in Yakurr Local Government Area of Cross River State.

Security sources disclosed that the incident occurred at about 11:15 p.m. on May 22 when two groups of suspected kidnappers stormed the venue of ADC primary elections at Wummy Hotel, Ekori community.

According to the sources, one of the groups abducted the INEC returning officer, forced him into a vehicle, and compelled him to transfer ₦70,000 before fleeing the scene.

The second group, operating on a motorcycle, reportedly carted away ballot boxes from the venue.

Following intelligence on the incident, troops in Yakurr Local Government Area laid an ambush on the fleeing suspects, successfully intercepting the vehicle and rescuing the kidnapped INEC official.

Three suspects were arrested during the operation, while one armed suspect reportedly escaped into nearby bush with a pistol, a mobile phone, ATM card, travelling bag and other election materials.

The rescued official, arrested suspects and recovered vehicle are currently in military custody for further investigation and action.

Security forces have intensified efforts to track down the fleeing suspects and recover the stolen electoral materials.

Troops Rescue INEC Official, Arrest Suspects After Election-Related Kidnapping Attempt in Cross River

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Troops Raid Suspected Cultists’ Hideout, Arrest Three in Enugu State

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Troops Raid Suspected Cultists’ Hideout, Arrest Three in Enugu State

By: Zagazola Makama

Troops of 103 Battalion, in collaboration with the Nigeria Police Force, have raided a suspected cultists’ hideout in Achi town, Oji River Local Government Area of Enugu State, arresting three suspects and recovering items believed to be linked to criminal activities.

Security sources disclosed that the operation was carried out at about 4:30 a.m. on May 23 following credible intelligence on the activities of suspected cultists and other criminal elements operating in the area.

According to the sources, the troops stormed a residential building suspected to be used as a hideout by the criminal group.

During the raid, three suspects were apprehended, while items recovered include eight motorcycles and two buckets of locally made gunpowder.

The suspects and recovered items were subsequently handed over to the Nigeria Police Force for further investigation and necessary action.

Security authorities have continued to intensify joint operations in Enugu State and surrounding areas to curb cult-related activities and other forms of violent crime.

Troops Raid Suspected Cultists’ Hideout, Arrest Three in Enugu State

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Troops Launch Manhunt for Berom Militia After Attack on Cattle in Plateau Community

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Troops Launch Manhunt for Berom Militia After Attack on Cattle in Plateau Community

By: Zagazola Makama

Troops of Sector 4 Operation Enduring Peace have launched efforts to track down Berom Militia following an attack on cattle in Barkin Ladi Local Government Area of Plateau State.

Security sources disclosed that the troops responded to a distress report at about 5:12 p.m. on May 23 concerning an attack on cattle belonging to a local herder identified as Alhaji Tambari at Gassa village.

According to the sources, the cattle were grazing in the area when the attackers struck and fled before the arrival of security personnel.

Upon reaching the scene, troops discovered that one cow had been shot dead during the incident.

The Berom militia were said to have escaped from the area before security operatives arrived.

Troops have since intensified efforts to identify and apprehend those responsible for the attack while patrols have been heightened within the community and surrounding areas to prevent further incidents.

Security authorities reiterated the commitment of Operation Enduring Peace to protecting lives and property and maintaining peace in communities across Plateau State.

Troops Launch Manhunt for Berom Militia After Attack on Cattle in Plateau Community

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