By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Nigeria-Germany: Trade Volume Hits €3bn in 2022

Last updated: October 7, 2023 1:53 am
3 years ago
Share
1 Min Read
AIT IMAGES 5 2

Germany says it remains committed to deepening and strengthening bilateral relations with Nigeria as trade volume between the two countries hits €3billion.


German Ambassador to Nigeria, Annett Günther, said this while briefing journalists in Abuja on the relations between the two countries.

MUST READ:Governor Akeredolu not yet back, still in Germany – Aide


The envoy highlighted Germany’s main exports to Nigeria ranging from machines, food and chemical products while Nigeria’s main exports to Germany include crude oil accounting for 83%, food products 12% and other raw materials 4%.
Günther also pointed out that no fewer than 90 German companies are currently operating in Nigeria with over 17,000 jobs directly created and a minimum 10-fold indirectly.


She noted that all the European Union countries put together generated around 160,000 jobs in Nigeria, and Germany has invested over €600 million in development projects across all sectors of Nigeria’s economy, adding that this does not include the €620 million pledged to the Economic Community of West African States (ECOWAS).

Editor Oloyede Oworu

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS feed: APO Group – Africa-Newsroom: latest news releases related to Africa APO Group – Africa-Newsroom: latest news releases related to Africa

  • Enlit Africa seeks contributions that move the conversation from strategy to execution: ensuring a Future Fit Africa September 25, 2026
  • CEM Africa Awards 2026 set to recognise Africa’s leading Customer Experience (CX) talent and innovation September 25, 2026
  • Alliance of Small Island States (AOSIS) Leaders Call for Stronger Action on Priorities of Small Island States September 25, 2026
  • Parliament Calls on South Africans to Build a Heritage Rooted in Ubuntu September 25, 2026
  • Rwanda’s Diplomatic Delegation Engages National Defence College (NDC) to Deepen Bilateral and Defence Ties September 25, 2026

Trending

1 19
Stakeholders Solicit More Government Investment In Classic Music
Entertainment
AIT IMAGES 31
Niger Mining Deaths: Group demands independent probe, accountability
Local
AIT IMAGES 1 4
AAC Writes EFCC, Seeks Scrutiny Of Oyo State Funds Ahead 2027 Polls
Politics
ait images 3 1
FG Ready To Negotiate New Minimum Wage In 2027
Local
OSUN
“Emir Ajagungbade” Shot Dead In Protracted Motor Park Crisis In Osun State
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?