- Nigeria and Germany conclude talks on a renewed cooperation framework, expanding collaboration across energy.
- Both countries prioritise energy transition, investment, and economic transformation, aiming to strengthen long-term sustainable growth.
Nigeria and Germany have completed negotiations on a renewed bilateral cooperation framework. They will sign the agreement in Abuja. The framework covers agriculture, energy, healthcare, governance, skills development, and private-sector growth.
Nigeria’s Minister of Budget and Economic Planning, Abubakar Bagudu, led the delegation. He said the partnership now focuses on economic transformation, energy transition, infrastructure, and youth empowerment. Furthermore, he described Germany as a long-standing and trusted development partner.
Both sides designed the framework to respond to global pressures such as economic uncertainty, climate change, and shrinking development finance. Nigeria continues to implement reforms under the Renewed Hope Agenda. These include foreign exchange liberalisation, revenue mobilisation, and infrastructure investment.
The minister also noted stronger coordination between federal and state governments through the National Economic Council. This coordination supports reforms, infrastructure financing, and economic stability. He added that Nigeria remains committed to a just energy transition through decentralised energy systems and renewable energy investment.
Germany’s Ambassador to Nigeria, Annett Günther, described Nigeria as a key strategic partner in Africa. She highlighted cooperation in climate action, energy, food security, and industrial development. In addition, she confirmed continued German support for Nigeria’s reform agenda through bilateral and EU channels.
She noted that companies such as Siemens and SAP are expanding operations in Nigeria. Their focus includes digital transformation, cloud services, and workforce development.
Deputy Director-General of Germany’s Federal Ministry for Economic Cooperation and Development, Philip Knill, said the talks will strengthen cooperation and align future priorities. He stressed private-sector participation, innovation financing, and sustainable investment as key priorities.
Officials from both countries said the agreement will convert long-standing commitments into clear implementation plans and measurable development outcomes.