By Isaac Aregbesola
The Nigerian Ambassador to Germany, Mr Yusuf Tuggar, says German Chancellor Angela Merkel’s visit to Nigeria on Thursday will focus on enhancement of economic relations and security between the two countries.
Tuggar said at a news conference in Abuja on Wednesday that Merkel would be coming with a business delegation to explore investment opportunities in Nigeria.
“She is coming with a business delegation which is very important. We have strong economic relations with Germany over the years.
“But one of the major challenges in recent times has been how to attract German medium-size businesses to invest in Nigeria.
“The backbone of the German economy is essentially made up of medium-size, family-owned businesses. There are quite concerns about how to de-risk their investments,” he said
According to him, this sort of step requires cooperation and support by both governments to facilitate the investment and minimise…
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