Envoy: Germany and Nigeria’s Trade Relationship Reaches €3bn
In an interview with the News Agency of Nigeria (NAN) in Abuja, the German Ambassador to Nigeria, Mrs Annett Gunther, revealed that the trade relations between the Federal Republic of Nigeria and the Federal Republic of Germany have reached a significant milestone of about three billion euros.
Gunther emphasized that the trade relations between both nations have steadily grown over the years, witnessing a jump from two billion euros in 2022 to the current figure of three billion euros. She noted that Nigeria benefits from a favorable balance of trade due to its crude oil exports.
Highlighting the potential for further enhancement in trade relations, Gunther stated that both countries are actively collaborating towards this goal, particularly focusing on the agricultural sector.
She em...