HomePress ReleasesEconomy, North/East, Power Dominate...

Economy, North/East, Power Dominate Senate Meetings With Germans

Press Releases

The issues bordering on how to forge strong economic co-operation, assistance for rebuilding of the insurgency ravaged North-East zone and how to benefit from the advanced technologies for energy supply dominated the various discussions held Thursday by a Senate delegation presently in Berlin, Germany.
A statement by Special Adviser ( Media and Publicity) to Senate President stated  that from the meeting with the Vice President of the lower chamber of the German Parliament, the Bundestag, Mr. Johannes Singhammer to the ones with top officials of the think-tank group, Konrad Adenauer Foundation, the German-African Business Associations, the Foreign Office and members of the Parliamentary Friendship Group for relations with the English and Portuguese speaking States of West and Central Africa, Senate President, Dr. Abubakar Bukola Saraki who led the Nigerian delegation was consistent with the message as he maintained that Germans must prove in action that Nigeria was actually very important to their strategic interests in Africa.
Saraki accompanied by Deputy Senate Leader, Bala Ibn Naallah, Senators Enyinaya Abaribe, Monsurat Sunmonu and Abubakar Kyari arrived the Bundestag at a time when the German lower House was discussing Europe-Africa relations and the Senate President said Germany was the first country the 8th Senate visited at the leadership level.
While thanking the Germans for their contributions to funds towards the rehabilitation of the North-east zone of Nigeria during last month’s meeting of the European Union in Oslo, Norway, Saraki said the next challenge is how to rebuild the devastated region, rehabilitate and resettle the people.
He said the areas affected by the Boko Haram has two million displaced people, a figure greater than that of the Syrian crisis which now gets all the attention and commitment of resources from the international community.
He urged the Germans to go beyond the provision of intelligence and training as well as light equipment for the military. He said Germans can influence other countries to sell durable and more efficient military hardware to Nigeria so as to strengthen the armed forces.
“I am happy at the coincidence that as we are visiting you, you at your plenary session are discussing the role of Europe in Africa. Though a lot is already happening in our relations with your country, however, we need more German investments in our country, even as we take deliberate, well planned steps to diversify our economy and pay more attention to agriculture, mining of mineral resources and manufacturing.
” No economy in the world has the kind of potentials that Nigeria has and if we talk of Africa, you are talking of Nigeria as the leader. We, in the parliament, are working on several Bills that will open up the economy and make it easy to do business with great rate of return  on investment”, he said.
The Senate President explained to the Germans that Nigeria now gives visa at the point  of entry to genuine business people and tourists, a fact testified to by a member of the German-African Business Association present at one of the meetings.
He also talked about the Ease of Doing Business Committee headed by Vice President Yemi Osinbajo and the National Assembly Business Environment Roundtable and the efforts to fully open up the national economy to private sector participation through laws and policies.
While speaking with the various groups, Saraki explained the various measures introduced to fight corruption and entrench transparency in the public sector. He assured members of the German-African business community and the Parliamentary Friendship Group that various laws that will ensure easy entry and exit into the economy as well as dispute resolution and contract enforcement that comply with global best practices are being enacted.
The Senate President in his address to Singhammer, Vice President of Bundestag, and the Parliamentary Friendship Group led by Charles Hubber, also canvassed for the co-operation of the German lawmakers in granting legal stay to law abiding and skilful Nigerians who have been living in Germany for a long time so that they can meaningfully and positively contribute to the economy of their host country.
In the area of power, the Senate President and Abaribe who is the Chairman, Senate Committee on Power, Steel and Metallurgy urged the Germans to invest in the sector in Nigeria.
Abaribe explained that Nigeria is open to utilising different sources of energy like the solar, gas turbines, renewable energy, bio-gas, particularly as there is need to decentralise the operation.
The Senate President also explained that Nigeria was about to experiment with having some educational and health institutions operate independent sources of power not connected to the national grid.
In most of the places visited, the Germans identified the need for Nigeria to invest in adequate security and infrastructure, create necessary legal framework and review policies aimed at driving investments if she wants to attract more investments.
 
Signed
 
Yusuph Olaniyonu
Special Adviser (Media and Publicity) to Senate President

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of...

- A word from our sponsors -

spot_img

Read Now

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile gaming in Africa is growing faster than any other digital sector: affordable smartphones, mobile payments, local content and what the data shows for 2026. Why Mobile Gaming Is Growing Faster Than Ever in Africa Few industries are expanding...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at the Bold Action Session on Education: "Building Blocks of the Future: Education Financing for Sustainable Outcomes"  (A Day Zero event of the 2026 Africa Social Impact Summit) on 21 July 2026. Protocols. Good morning distinguished guests, the board and CEO...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at Southwark Crown Court, London, on 17 June 2026 has brought up an uncomfortable question that has long shadowed international anti-corruption efforts: is justice truly universal, or is it reserved for the powerless? After a nearly six-month trial...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of National Prosperity Keynote Address by Dr. Lazarus AngbazoChief Executive Officer, InfraCorpNACCIMA Infrastructure Conference (INFRACON) — July 14, 2026 Your Excellencies, distinguished guests, ladies and gentlemen. Please permit me to stand on established protocol. Let me begin with a simple observation. Every...

Lazarus Angbazo: Beyond Roads and Power, Who Will Finance Human Capital Infrastructure for Africa’s Workforce?

By Lazarus Angbazo |  [email protected] Africa is entering one of the most ambitious periods of infrastructure and industrial investment in its history. Governments are expanding power generation, transport networks, ports, industrial parks, and digital infrastructure, while African private sector leaders are making unprecedented long-term commitments to manufacturing and industrial...

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia, where options abound. Many residents seek facilities that not only safeguard their belongings but also provide value and convenience. In this article, you'll learn the key factors to consider when selecting a self-storage facility in the...

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...