President Tinubu has just landed in Berlin, Germany, for the G20 Compact with Africa (CwA) Conference and the country’s Investment Summit. The presidential jet touched down at exactly 1:14 a.m on Sunday morning in Berlin. The Spokesperson to the President, Ajuri Ngelale, said that the Nigerian leader will join other Heads of State and governments of member countries, bilateral partners, as well as heads of international organizations to talk about boosting investments in critical areas, such as energy, trade, infrastructure, and new technologies, among others. The G20 CwA Conference will be taking place alongside the Fourth G20 Investment Summit, co-hosted by the German government and German business associations. “Given President Bola Tinubu’s globally recognized drive for foreign direct investment in Nigeria, the president will sustain the momentum and advance the mission further as he leads Nigeria’s delegation to participate in the investment summit. This visit also affirms President Tinubu’s commitment to diplomatic reciprocity as the invitation to Germany from the German Chancellor is being honoured, following the visit of the German Chancellor to Abuja and Lagos, Nigeria, from October 29 to October 30, 2023,” he added. The Nigerian leader is now ready to leverage the opportunities presented by the Fourth G20 Investment Summit, while the Nigerian delegation will follow up on meetings previously conducted with high-ranking representatives from German business organizations, who were part of the official delegation of the German Chancellor to Nigeria. In October, the Nigerian President hosted German Chancellor Olaf Scholz. President Tinubu had highlighted the imminent need for more German companies to invest in the Nigerian market across multiple sectors of the Nigerian economy, such as transportation, mining, and energy, all the while noting that Nigeria remains Germany’s second-largest trading partner in Africa.
