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In 2019, the German consulate in Lagos called for increased spending on Nigeria's infrastructure to facilitate better trade between Nigeria and Germany. Later that year, President Buhari signed a deal with German energy company, Siemens, to generate at least 25,000 megawatts of electricity for Nigeria's electric grid by 2025.[5]
Culture
Germany founded a Goethe-Institut in Lagos in 1962. In 2021, German Minister of Culture announced they would be returning hundreds of art objects to Nigeria that were looted from the Benin Royal Palace in 1897.[6]
Benin bronzes in German museums were transferred to Nigeria at the end of 2022. The bronzes were handed over to Nigeria in a ceremonial act of state by Foreign MinisterAnnalena Baerbock and Minister of State for Culture Claudia Roth in the Nigerian capital Abuja. In May 2023, it was announced that ownership of the bronzes already handed over and those still to be handed over had been transferred by President Mohammedu Buhari to the current head of the royal family responsible for the slave hunt at the time, Oba Ewuare II.[7]
The Nigerian-German Chamber of Commerce was created in 1986 for fostering bilateral trade between Germany and Nigeria and has since deepened economic ties between the two countries.[8]
In 2011, the German-Nigerian Binational Commission was created to bolster cooperation in business, education, energy, migration issues and culture. Germany has started various projects in Nigeria meant to assist the Nigerian government.[9] In 2020, the German government pledged 100 million euros for Borno State to assist with droughts and food shortages, due to the shrinking of Lake Chad. The government has also assisted in training the Nigerian Armed Forces to fight Boko Haram. Germany has supported Nigeria's fight in eradicating polio, which was eradicated from Nigeria in 2021.[10]
Development aid
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has been active in Nigeria since 1974. It has had a country office in Abuja since 2004. Its activities focus on economic development and employment, security, reconstruction and peace as well as governance and democracy.[11]
In 2019, Germany exported US$1.2 Billion worth of goods to Nigeria.[12] Top exports from Germany to Nigeria include Rubber working machinery and cars. Nigeria in 2019 exported US$2.6 billion worth of goods to Germany, with the most common export being crude petroleum followed by cocoa.[13]
Immigration
As of 2021, there are about 83,000 Nigerians living in Germany; Nigerians have very high rates of employment in Germany among immigrants, second only to Pakistanis.[14]