Arthur Eriye
The 11th edition of the German-Nigerian Business Forum successfully concluded on Monday in Lagos. Organized by the Delegation of German Industry and Commerce in Nigeria alongside the German-African Business Association, the event focused on fostering dynamic partnerships for business development.
Held under the theme “Building Effective Partnerships for Successful Business Development,” the forum attracted a diverse group of investors, stakeholders, and policymakers dedicated to enhancing bilateral trade between Germany and Nigeria. Key discussions revolved around discovering new opportunities in sectors such as renewable energy, agribusiness, construction, and manufacturing.
In his opening remarks, Bastian Lidzba, a representative from the Delegation of German Industry and Commerce in Nigeria, underscored the vital role of partnerships in strengthening economic ties between the two countries. “Nigeria has the largest economy in Africa and offers significant investment potential, yet many German companies remain hesitant to enter the Nigerian market,” Lidzba stated. He called for increased collaboration to further deepen the economic relationship.
During the keynote address, Igbuan Okaiasabor, President of the Nigerian-German Chamber of Commerce, urged attendees to explore partnerships across critical sectors, including manufacturing, construction, energy, and information technology. “I encourage everyone here to actively seek out new collaborative opportunities and approach our discussions with an open mind as we strive for a long-term vision,” Okaiasabor emphasized.
Weert Boerner, Consul General of the German Consulate, described the forum as one of the most significant business events of the year. He noted, “The German-Nigeria Business Forum is essential for numerous companies, as well as government representatives and associations, aiming to enhance business relations between Nigeria and Germany. This annual gathering alternates locations between Nigeria and Germany, focusing on key industries such as agriculture, construction, energy, and environmental concerns.”
As the forum drew to a close, Marilyn Rupo, Director General of the Nigerian-German Chamber of Commerce, expressed her optimism that the event would generate jobs and foster valuable business connections between the two nations.
