Tinubu’s Mission for Investment: Berlin Bound
President Bola Tinubu is all set to head to Berlin, Germany this Saturday for the G20 Compact with Africa (CwA) Conference. The conference, hosted by German Chancellor Olaf Scholz, will bring together Heads of State and Governments from CwA member countries, bilateral partners, and Heads of International Organizations. The main agenda is to enhance economic and business cooperation and attract investments in crucial areas such as energy, trade, infrastructure, and new technologies.
President Tinubu’s commitment to attracting foreign direct investment in Nigeria is gaining global attention. He will lead Nigeria’s delegation at the investment summit, aiming to take the mission to new heights. The President will be accompanied by top government officials including the Minister of Foreign Affairs, the Coordinating Minister of the Economy and Minister of Finance, the Minister of Industry, Trade and Investment, and the Minister of Power.
This visit underscores President Tinubu’s commitment to diplomatic reciprocity, as it follows the invitation from the German Chancellor, who recently visited Nigeria. Leveraging the opportunity presented by the Fourth G20 Investment Summit, the Nigerian delegation will build on productive meetings with high-ranking representatives from German business organizations.
President Tinubu’s discussions with Chancellor Scholz highlighted the need for more German companies to invest in Nigeria, across sectors such as transportation, mining, and energy. Nigeria and Germany, as the largest economies in Africa and Europe respectively, have seen an increase in bilateral trade volume, reflecting the growing economic ties between the two countries.
President Tinubu will return to Nigeria following the conclusion of the conference.
