The German Ambassador to Nigeria, Annett Günther, announced during a press conference on Thursday that the bilateral trade between the two countries reached €3 billion in 2022.
Günther provided insights into the composition of this trade relationship, highlighting that Germany primarily exports machinery (28%), food products (20%), and chemical products (19%) to Nigeria, while Nigeria’s main exports to Germany consist of crude oil (83%), food products (12%), and other raw materials (4%).
Furthermore, Günther shared that in 2022, 2,000 Nigerians successfully passed the German language examinations at the Goethe Institute, and approximately 4,000 Nigerian students were studying in Germany.
She emphasized the strong economic ties, revealing that 90 German companies are currently operating in Nigeria, directly generating 17,000 jobs and indirectly contributing to job creation on a much larger scale.
In terms of investments, Germany has committed over €600 million to development projects across various sectors in Nigeria, solidifying its position as the second-largest donor.
Additionally, Germany pledged €620 million to support the Economic Community of West African States (ECOWAS).
On the humanitarian front, Germany has continued its significant contributions, allocating €50 million in 2022 for activities such as protection, food security, health, and shelter, which have a profound impact on saving lives in Nigeria and the region.
