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OLAF SCHOLZ
President Bola Tinubu and Olaf Scholz signed an agreement to expedite implementation of the PPI to improve electricity supply in Nigeria.
President Bola Tinubu met with German Federal Chancellor, Olaf Scholz, where he discussed Nigeria’s determination to pursue German investment in the power and rail sector, among others.
Olaf Scholz, the German Chancellor has pledged $4.4 billion for Africa-EU Green Energy Initiative. This is according to a November 20 report by Bloomberg.
German Chancellor Olaf Scholz has voiced concerns about the potential deportation of over 14,000 Nigerians residing in Germany.
The recent visit of the German Chancellor to Nigeria was eagerly anticipated due to the critical situation caused by disruptions in gas supply, primarily because of the Russian invasion of Ukraine.
German Chancellor Olaf Scholz has said that investment in Nigeria’s solid mineral sector should go beyond just extraction and involve value addition in the country of origin of the minerals.
President Bola Tinubu will be hosting the Chancellor of Germany, Olaf Scholz, on Sunday, October 29.
Nigeria’s President Bola Tinubu met with the German Chancellor Olaf Scholz to discuss opportunities to expand ties of economic development with Nigeria, toward ensuring the effective execution of past agreements struck.