Months after popular drugs and healthcare manufacturing giant GSK left Nigeria, about 20 German firms are ready to open offices in the country. The companies expressed interest in investing resources and technical knowledge to enhance local production and improve Nigeria’s export commodities.
The delegation’s leader and Deputy Head of the United Nations Investment and Technology Promotion Office, Michael Schmidt, said the meeting boosted bilateral ties with Nigeria and implemented agreements reached during an earlier visit to the country by German Chancellor Olaf Scholz.
According to Schmidt, the companies would invest in tech support in local processing and transfer of green and sustainable technologies. Punch reported that Schmidt pointed out that the companies want to boost the industries’ capacity in Nigeria, stating that they toured Lagos, Ibadan, and Abeokuta and rounded off in Abuja.
