The Federal Government has reaffirmed its commitment to strengthening bilateral relations with Germany, with a focus on trade, investment, energy partnerships and the implementation of existing agreements.
Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, stated this during a courtesy visit by the German Ambassador to Nigeria, Stefan Rössel.
Bagudu expressed appreciation for Germany’s support for Nigeria’s economic reform programme, highlighting progress recorded in trade, investment and energy cooperation.
He also identified ongoing discussions on €25 million and €300 million in export credit guarantees as opportunities to attract investment and support economic growth.
The Minister says Nigeria remains committed to deepening cooperation with Germany and ensuring that existing agreements between both countries translate into tangible economic benefits.
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Ambassador Rössel described relations between Nigeria and Germany as strong and longstanding.
He expressed confidence that both countries would continue to strengthen mutually beneficial cooperation despite evolving global economic and political challenges.
