In the hustle and bustle of off-camera activity in the siderooms of the G-20 Summit, President Bola Ahmed Tinubu was unwilling to stay away from the action.
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| President of Nigeria, Asiwaju Bola Ahmed Tinubu and German Chancellor, Olaf Scholz. Photo: @NGRPresident |
The President met with the Heads of State of three nations which have been identified as key partners in his economic development diplomacy drive for local investment and wealth creation.
For the Leader of Africa’s largest economy, a meeting with the Chief Executive Officer of Europe’s largest economy, Germany, presented a unique opportunity to expand ties of prosperity for the people of Nigeria, but with a pragmatic approach toward ensuring the effective execution of agreements struck.
“It is not, for us, only a matter of designing the financial architecture for an expanded economic partnership. It is also about the practicality of aligning the perspectives of your large-scale manufacturers, such as Volkswagen and others, with the reality of the new incentives my government is putting in place for them to come and prosper across multiple value chains and sectors inside of our country,” the President implored.
Apparently intrigued by the specific economic focus of the President’s proposal, German Chancellor, Olaf Scholz, responded by acknowledging the mutually-beneficial nature of an escalation in the scale of economic ties with Africa’s largest economy.
“Thank you for this important discussion, Mr. President. I can appreciate this opportunity to advance our economic relations. Your market is unique and our companies have history in Nigeria. We acknowledge the business friendly reforms you have put in place. I am happy to inform you of my desire to visit you in Nigeria in October, which will allow us to carry forward these initiatives,” the German leader confided. Full story: statehouse.gov.ng
