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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
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
By: Zagazola Makama
Three persons were arrested following a foiled armed robbery along the Bauchi–Gombe Federal Highway in Kirfi Local Government Area of Bauchi State on Jan. 26.
Sources said the incident occurred at about 12:16 a.m. when armed robbers blocked the road near Kalajanga Hamlet via Bara Village.
Officers on routine patrol responded promptly, engaging the hoodlums and forcing them to abandon their operation and flee into the surrounding bush.
The trail of the robbers led authorities to the house of one Nasiru Ibrahim of Saddiya Hamlet, where two of his children, Isya Nasiru, 20, and Umar Nasiru, 18, were also arrested in connection with the case.
Recovered items included two sticks, a touch light, three bags, a local bullet-proof shirt, face masks, two pairs of shoes, an Oppo android phone, and several local charms.
Sources say Investigations are ongoing.
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
By: Zagazola Makama
Four people were killed and fifteen others injured in a lone motor accident involving a Glynlyon truck along the Ibadan–Oyo Expressway on Jan. 26.
Sources said the truck, with registration number LSD 221 YM, was coming from Kebbi State to Ogun State, carrying rocky stones as well as 23 passengers seated on the stones at the back of the vehicle.
The driver, identified as Muhammed Jibril of Adamawa State, reportedly lost control of the vehicle after hitting a pothole in the Fiditi area, causing the truck to overturn.
The heavy stones reportedly fell on the passengers, killing four instantly, while fifteen others sustained varying degrees of injuries.
The injured were rushed to General Hospital Oyo for treatment, and the bodies of the deceased were evacuated to the hospital mortuary for preservation and autopsy.
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
Six people abducted by armed bandits in Maru, Zamfara State
By: Zagazola Makama
Suspected armed bandits on Jan. 25 abducted six people at gunpoint in Tauji village, Kanoma District of Maru Local Government Area, Zamfara State, while the victims were observing Isha’i prayers.
Sources said one of the victims has been identified as Yahuza Mikailu, 40, while the identities of the remaining five are yet to be confirmed.
The abductors reportedly took the victims to an unknown location.
Efforts are ongoing by security operatives to track the bandits, rescue the victims, and apprehend the perpetrators.
Six people abducted by armed bandits in Maru, Zamfara State
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
Six people abducted by armed bandits in Maru, Zamfara State
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