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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 Rescue Kidnap Victim in Edo During Search Operation
By: Zagazola Makama
Troops of Operation MESA, in collaboration with the Nigeria Police, local vigilantes and hunters, have rescued a kidnapped civilian in Esan North-East Local Government Area of Edo State.
Security sources said the troops, deployed at Forward Operating Base (FOB) Udomi, responded to credible intelligence at about 9:00 a.m. on April 21 regarding the abduction of a civilian in the Amendokhian general area.
The troops immediately launched a search-and-rescue operation and successfully secured the release of the victim.
The victim has since been reunited with family members, while efforts are ongoing to track down and apprehend the perpetrators.
Troops Rescue Kidnap Victim in Edo During Search Operation
Troops Rescue Kidnap Victim in Benue
By: Zagazola Makama
Troops of Sector 1, Operation WHIRL STROKE (OPWS), have rescued a kidnapped victim following a swift response to a suspected terrorist attack in Katsina-Ala Local Government Area of Benue State.
Security sources disclosed that the troops, deployed at Abaji, acted on a report at about 1:45 p.m. on April 21 regarding an attack at Tumataa community.
On arrival, the troops engaged the suspected terrorists in a gun duel, forcing them to abandon the victim and flee the scene.
The victim was successfully rescued and has since been reunited with family members.
The sources added that troops are sustaining operations in the area to track down the fleeing suspects and prevent further attacks.
Troops Rescue Kidnap Victim in Benue
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
By: Zagazola Makama
Troops have arrested two suspected illegal arms manufacturers during a raid on a criminal hideout in Langtang North Local Government Area of Plateau State.
Security sources disclosed that the operation was carried out at about 5:00 p.m. on April 22 at Gwandanu Village, following credible intelligence on illicit arms production in the area.
According to the sources, the suspects were apprehended while actively engaged in the fabrication of weapons.
Items recovered during the operation include two AK-47 rifles, one G3 rifle, two generating sets, a welding machine, a drilling machine, a hand filer and a toolbox, among other items.
The suspects are currently in military custody pending further investigation.
The sources added that troops have intensified efforts to mop up illegally fabricated arms in the general area as part of ongoing operations to curb criminal activities and enhance security in the state.
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
Troops Rescue Kidnap Victim in Edo During Search Operation
Troops Rescue Kidnap Victim in Benue
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
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