Agreements / Announcements / Partnerships following German Chancellor Angela Merkel’s Visit to Nigeria
Agreements / Announcements / Partnerships following German Chancellor Angela Merkel’s Visit to Nigeria
On 31 August 2018, German Chancellor Angela Merkel made her maiden visit to Nigeria. Ahead of her arrival to the State House, Nigerian officials met with German Business Delegation that has accompanied Chancellor Merkel to Nigeria.
The Nigerian Delegation at this meeting includes: Minister of Industry, Trade and Investment Okechukwu Enelamah , and officials from Federal Ministry of Industry, Trade and Investment, Nigerian Electricity Regulatory Commission (NERC), Nigerian Investment Promotion Commission (NIPC), Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) , National Automative Design and Development Council (NADDC), Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA) were present.
Later, the German- Nigerian Business Roundtable, which was attended by President Muhammadu Buhari and Chancellor Angela Merkel, took place. The Roundtable brought together German and Nigerian government and business delegations, to discuss trade and investment opportunities between the two countries.
The visit saw the signing of a number of agreements:
1. Signing of Memorandum of Understanding (MoU) between the German-African Business Association and the Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA).
2. Signing of Memorandum of Understanding (MoU) between Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and Petkus Technologie of Germany, aimed at significantly reducing the incidence/impact of post-harvest losses in Nigeria’s Agriculture Value Chain.
3. Signing of Memorandum of Understanding (MoU) with Volkswagen of South Africa to develop a joint vision for an automotive hub. See statement by Ministry of Industry, Trade & Investment on the Volkswagen agreement, HERE: https://twitter.com/TradeInvestNG/status/1036620525353803776
4. Signing of a Memorandum of Understanding (MoU) between German Hydro electric company Voith and Nigerian power company Genesis Energy.
State House Press Release following the Visit of German Chancellor Angela Merkel to Nigeria, HERE: http://statehouse.gov.ng/news/we-respect-rule-of-law-agreements-president-buhari-assures/
