On Friday, Nigeria and Germany signed two Memoranda of Understanding (MOU) in agriculture and commerce.
The first agreement was signed between the German-Africa Business Association and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
Hajiya Saratu Iya-Abubakar, the First Deputy National President of NACCIMA, signed on behalf of Nigeria, while Dr Stefan Liebing of German Africa Business Association, signed on behalf of the German business delegation.
The second agreement was signed between the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the PETKUS Technologie GmbH, a company that specialises in post-harvest agricultural value chain.
Mr Aliyu Abdulhameed, Managing Director of NIRSAL, signed on behalf of Nigeria, while the representative of PETKUS Technologie GmbH, Peter Huser, signed for the Germans.
After the signing of MoUs in Abuja, Mr Okechukwu Enelamah, Nigeria’s Minister of Industry, Trade and Investment, said that the agreements would increase the collaboration between Nigeria and Germany in the two areas.
Enelamah said: “We want our SMEs to learn from the German experience.
“The other area of German excellence is the technical area: technical education, technical training and technical development. It’s also an area of great interest to Nigeria.
“We are also working with Germany in the automobile sector because that is also an area where Germany is a leader and Nigeria clearly has a policy to be a leader in the auto sector in West Africa and Africa.”