DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business Economy

Germany, Nigeria to deepen cooperation in economy, migration

May 22, 2025
in Economy, News
Germany, Nigeria to deepen cooperation in economy, migration
493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Foreign Minister Johann Wadephul described as a key partner of Berlin in Africa. “We just want to deepen our cooperation,” he said after talks with his Nigerian counterpart, Yusuf Tuggar, on Thursday.

“For both the European Union and Germany, the African continent is the continent of the future,” Wadephul added.

There are “an incredible ” to expand the economic cooperation with African countries, said the German minister, citing the example of , abundant in many parts of Africa.

Wadephul said that he wanted to encourage the German private sector to become more involved in Nigeria and used car manufacturer Volkswagen as a positive example of this.

Wadephul also highlighted the issue migrants and refugees crossing the Mediterranean Sea and heading to Europe, specifically Germany.

“We have with Nigeria an ideal partner to discuss how we can tackle this problem. We agreed to cooperate very closely,” he added.

‘Nigeria is blessed with critical minerals’

Meanwhile, Tuggar emphasized that Nigeria is already Germany’s second largest trading partner in sub-Saharan Africa.

The Nigerian minister held out the prospect of intensifying trade relations, particularly in . “Nigeria is blessed with a lot of critical minerals,” he said.

Tuggar also announced closer cooperation in energy sector, including on renewable energies, and labor migration.

With over 220 million inhabitants, Nigeria is the most populous country in Africa. “Projections show that by 2050 we’ll have 400 million people,” Tuggar said.

“What we are looking to do is not to export people but to export talent,” he explained. “That’s why we are looking to work with countries like Germany on structured solutions to job creation and to tackling the issues of irregular migration.”

German-Nigerian relations

According to the German Ministry of Foreign Affairs, Berlin views Nigeria as a key player in promoting stability and democracy in the broader region, as well as a country with significant economic potential.

In December, with a business delegation. The German-Nigerian Binational Commission, founded in 2011, has working groups in business, energy, politics, culture, and migration. The commission last met in 2021.

New impetus was injected into cultural relations by the return of the first Benin Bronzes to Nigeria by then Foreign Minister Annalena Baerbock in December 2022.

To combat terrorist threats, the German government is training and equipping Nigerian security forces and contributing to transnational stabilization projects.

Energy partnership

Nigeria is Germany’s second-largest trading partner in sub-Saharan Africa. The German Ministry of Foreign Affairs has identified energy cooperation as a key focus area for bilateral economic relations.

The German-Nigerian Energy Partnership, established in 2008, expanded in 2021 in line with the German government’s National Hydrogen Strategy with the opening of a hydrogen office in Abuja.

Priorities of development cooperation with Nigeria include sustainable economic development, vocational training, employment, rural development, expanding renewables, and healthcare.

Edited by: Kieran Burke

The post Germany, Nigeria to deepen cooperation in economy, migration appeared first on Deutsche Welle.

Share197Tweet123Share
Billionaire Mark Cuban says abolishing billionaires would mean destroying the stock market and wiping out Americans’ savings
News

Billionaire Mark Cuban says abolishing billionaires would mean destroying the stock market and wiping out Americans’ savings

by Business Insider
October 24, 2025

Mark Cuban is worth an estimated $6.6 billion, built from tech startups, investing, and owning the Dallas Mavericks, making him ...

Read more
News

N.Y. AG Letitia James to plead not guilty to fraud charges in federal court

October 24, 2025
Economy

Fast fashion lifted some countries out of poverty. What happens when Americans stop buying?

October 24, 2025
Business

Could the government shutdown tip the US into a recession? Experts weigh in

October 24, 2025
News

Jennifer Coolidge & Nicole Scherzinger To Star In Rebel Wilson’s ‘Girl Group’

October 24, 2025
I need private equity to invest in the New York Jets and save my soul

I need private equity to invest in the New York Jets and save my soul

October 24, 2025
Trump administration set to release key September inflation data despite government shutdown

Trump administration set to release key September inflation data despite government shutdown

October 24, 2025
Jiu jitsu is the new cult workout for men who want to feel younger and think sharper

Jiu jitsu is the new cult workout for men who want to feel younger and think sharper

October 24, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.