✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Germany seeks favourable investment environment in Nigeria

 The visiting President of Federal Republic of Germany, Mr Joachim Gauck, has advised the Nigerian Government to create the right investment environment for more German businesses.

Gauck made the call in Lagos at a reception held for him and members of delegation of German Parliament and German companies that visited Abuja and Lagos.

The German President, who expressed satisfaction at the successes so far made by German companies in Nigeria, said that it was imperative for Nigeria to evolve measures that would reduce trade barriers.

“My visit to Nigeria has offered me another opportunity to further deepen economic cooperation between Nigeria and Germany.

“I am particularly impressed by the successes so far achieved by German companies on ground in Nigeria.

“We will want the Nigerian government to create the right investment for more German investments by creating the right framework that will reduce trade barriers between us,’’ he said.

Gauck expressed the readiness of more German companies to offer their products to the Nigerian markets as well as willing to share Germans’ know-how with Nigerians.

The president also disclosed his government’s plan to strengthen cooperation with Nigeria in areas of infrastructure, energy, electricity and other sectors.

“Our cooperation will be deepened once we have been able to set up a bilateral chamber of commerce and industry which would then become the centre point for trade relationships.

“We will also be willing to share with Nigeria the experiences we have acquired over the years in trying to achieve a cooperative business exchange,’’ he said. (NAN)

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

Breaking NEWS: Nigerians can now earn US Dollars. Earning $15,000 (₦25 million naira) Monthly as a Nigerian is no longer complicated.


Click here to start.