ENUGU, Nigeria (VOICE OF NAIJA)- Earlier today in Berlin, Nigerian President, Bola Tinubu engaged in insightful discussions with German Chancellor Olaf Scholz at the G20 Compact with Africa Economic Conference and met with German Federal President Frank-Walter Steinmeier.
The focus of these talks centered on attracting German investment in Nigeria’s energy industry, particularly in natural gas and hydrogen production, as well as in rail transportation.
President Tinubu also expressed commitment to expediting the Siemens-supported Presidential Power Initiative (PPI) in Nigeria and highlighted additional opportunities in processing solid minerals, agriculture, and automotive production.
READ ALSO: There’s Hope For Our Nation, Tinubu Will Make Nigeria Great Again – PDP Lawmaker
The President addressed investors at the G20 Compact with Africa Economic Conference, emphasizing the importance of local value chains and showcasing Nigeria’s young, educated population as a crucial element for economic growth and foreign investment attraction.
He said, “Our discussions centered on attracting German investment in Nigeria’s energy industry especially in natural gas and hydrogen production as well as in rail transportation.
“I also expressed my commitment to expediting the Siemens-supported Presidential Power Initiative (PPI) in Nigeria and highlighted other opportunities in processing solid minerals, agriculture, and automotive production.
“At the G20 Compact with Africa Economic Conference, I addressed investors on local value chains and reiterated that our young, educated population are a crucial element for economic growth and key to attracting foreign investment.”