President Bola Tinubu, during a panel discussion at the G20 Compact with Africa Economic Conference in Berlin, emphasized Nigeria’s key asset as its highly educated, skilled, and industrious population.
He conveyed that beyond the country’s natural resources, its energetic youth and educated populace provide a significant advantage for attracting international investments.
Tinubu highlighted Nigeria’s commitment to natural gas development and hydrogen production, showcasing the country as a leader in the energy sector.
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He emphasized fiscal responsibility and tax reforms, assuring potential investors of Nigeria’s move towards a business-friendly environment.
Tinubu also emphasized the country’s stability, predictability, and transformative changes, inviting German businesses to explore investment opportunities across sectors.
German Chancellor Olaf Scholz acknowledged the evolving economic relations between developed and developing nations, expressing Germany’s intent to enhance partnerships with Nigeria and Africa on a mutually beneficial basis.