Current:Home > ContactTrade tops the agenda as Germany’s Scholz meets Nigerian leader on West Africa trip -DataFinance
Trade tops the agenda as Germany’s Scholz meets Nigerian leader on West Africa trip
View
Date:2025-04-17 21:30:30
ABUJA, Nigeria (AP) — German Chancellor Olaf Scholz met with Nigerian President Bola Tinubu on Sunday as part of a West Africa tour as the European country looks to diversify its trade partners and expand economic partnerships in the energy-rich region.
In his third trip to Africa since he took office in 2021, and his second this year, Scholz pushed for further development of Nigeria’s capacity to meet local needs even as Germany seeks improved trade relations with its second-largest trading partner in sub-Saharan Africa. Germany-Nigeria trade volume is estimated to be about 3 billion euros annually.
Major aspects of the two countries’ cooperation include working with Nigeria to help tackle regional and global issues such as migration, security and rampant coups in West and Central Africa, Scholz told Tinubu during their meeting in the capital of Abuja.
“There are a lot of chances not just from gas and oil ... but for better using the capacities of your country, but also for going into investments for the future, which is about hydrogen,” said Scholz. Observers have described Africa as a potential exporter of hydrogen energy amid calls for energy transition.
As the German leader comes under enormous domestic pressure to address issues around migration to Germany, he spoke of how best to handle migration by “having a co-management which is benefiting the two countries the best.”
Before his meeting with Tinubu, Scholz told Lagos-based Punch newspaper that Germany has a “considerable demand for natural gas” and “concrete amounts” of supplies should be agreed on in negotiations between Nigerian gas producers and German gas traders.
Nigeria has Africa’s largest proven gas reserves — estimated to be 202 trillion cubic feet — and has been keen on working toward helping meet Europe’s needs after Russia sharply reduced natural gas flows following its war with Ukraine. Germany, though, has diversified its gas supplies from Russia since the war.
The Nigerian leader sought Germany’s support in helping to address the country’s security and economic challenges.
“Nigeria is still crawling, but we are determined to change the narrative and bring about a transformative government in the country,” Tinubu said. “We still need very much support in that area. And for us to be able to sustain democracy, rule of law and freedom for our people, we need to fight for democracy.
Scholz will also meet with West Africa’s regional bloc of ECOWAS Commission president, Omar Alieu Touray, and open a German-Nigerian business forum in the economic hub of Lagos. He then heads to Ghana where he will end his trip on Tuesday.
___
Associated Press writer Geir Moulson in Berlin contributed.
veryGood! (681)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Inmate set for sentencing in prison killing of Boston gangster James ‘Whitey’ Bulger
- Olympics gymnastics live updates: Shinnosuke Oka wins gold, US men finish outside top 10
- Don’t expect a balloon drop quite yet. How the virtual roll call to nominate Kamala Harris will work
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Great Britain swimmer 'absolutely gutted' after 200-meter backstroke disqualification
- MLB trade deadline winners and losers: What were White Sox doing?
- North Carolina Medicaid recipients can obtain OTC birth control pills at pharmacies at no cost
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Toddler fatally mauled by 3 dogs at babysitter's home in Houston
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Blake Lively Debuts Hair Care Brand, a Tribute to Her Late Dad: All the Details
- How two strikes on militant leaders in the Middle East could escalate into a regional war
- Treat Yourself to These Luxury Beauty Products That Are Totally Worth the Splurge
- Questlove charts 50 years of SNL musical hits (and misses)
- US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall
- Jets’ McCutcheon has made mental health awareness his mission since best friend’s death in 8th grade
- Argentina star Ángel Di María says family received pig's head, threat to daughter's life
Recommendation
A White House order claims to end 'censorship.' What does that mean?
Claim to Fame: '80s Brat Pack Legend's Relative Revealed
Judge throws out remaining claims in oil pipeline protester’s excessive-force lawsuit
GOP primary voters in Arizona’s largest county oust election official who endured years of attacks
Bodycam footage shows high
Maya Rudolph sets 'SNL' return as Kamala Harris for 2024 election
Houston Police trying to contact victims after 4,017 sexual assault cases were shelved, chief says
Utah congressional candidate contests election results in state Supreme Court as recount begins