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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 three kidnapped victims in Zamfara
By: Zagazola Makama
Troops of the Nigerian Army have rescued three kidnapped victims during a fighting patrol in Tsafe Local Government Area of Zamfara State.
Security sources told Zagazola that the operation was conducted on April 25 at about 9:00 p.m. by troops of 1 Brigade in collaboration with hybrid forces deployed at Kulchin Kalgo.
The sources said the troops advanced to Bilbis area following intelligence on the presence of terrorists and made contact with the armed group.
According to the sources, the troops engaged the criminals in a firefight, forcing them to flee and abandon three kidnapped victims in the process.
The rescued victims were subsequently handed over to the district head of Bilbis for safe custody and further reunification with their families.
The sources added that the troops have continued exploitation of the area to track fleeing suspects, while the general security situation remains under close monitoring.
Troops rescue three kidnapped victims in Zamfara
Troops arrest suspects, rescue kidnap victim in Benue
By: Zagazola Makama
Troops of Operation Whirl Stroke (OPWS) have arrested two suspected kidnappers and rescued a victim in Gwer East Local Government Area of Benue State.
Security sources said that the incident occurred on April 25 at about 10:30 a.m., when troops deployed at Agidi responded to reports of a kidnap incident in Abenga and Mabur communities.
The sources said the troops swiftly mobilised to the area and made contact with the suspected kidnappers, engaging them during the operation.
According to the sources, the troops overpowered the criminals, leading to the arrest of two suspects and the rescue of one kidnapped victim.
The sources added that the apprehended suspects and the rescued victim have been handed over to the Nigeria Police for further investigation and necessary action.
They assured that security forces will continue to intensify operations to curb kidnapping and other criminal activities in the state.
Troops arrest suspects, rescue kidnap victim in Benue
Troops, DSS arrest suspected IPOB/ESN member in Enugu raid
By: Zagazola Makama
Troops of the Nigerian Army, in collaboration with operatives of the Department of State Services (DSS), have arrested a suspected member of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), during a raid in Enugu State.
Sources said that the operation was carried out on April 25 at about 6:20 p.m. by troops of 82 Division Garrison, 103 Battalion and 197 Special Forces Battalion.
The sources said the joint team conducted the raid at Obinofia Ndiagu village, where one suspected IPOB/ESN operative was apprehended.
According to the sources, three mobile phones were recovered from the suspect during the operation.
They added that the suspect and recovered items are currently in the custody of the 82 Military Intelligence Brigade for further investigation and necessary action.
The sources noted that the operation is part of ongoing efforts by security agencies to dismantle criminal networks and restore peace in the South-East.
Troops, DSS arrest suspected IPOB/ESN member in Enugu raid
Troops rescue three kidnapped victims in Zamfara
Troops foil kidnap attempt, rescue victim in Kaduna
Troops arrest 10 suspects in Benue offensive operation
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