Germany-Nigeria trade relations have recorded significant growth, rising by 30% to reach €3 billion.
Speaking ahead of the forthcoming Nigerian-German Binational Commission meeting scheduled to hold in Berlin, Ambassador Annett Gunther attributed the impressive growth to Nigeria’s ongoing economic recovery.
Gunther noted that Nigeria remains “Germany’s second biggest trading partner in Sub-Saharan Africa with a total trade volume of €3 billion. Trade volumes have increased this year by 30% due to Nigeria’s economic recovery.”