Germany To Give €47.6million Technical Support to Nigeria

The German Government has announced its new commitment of 47.6 million Euros funding support to Nigeria in 2016 for technical cooperation, programmes and special project initiatives.

This was revealed by the leader of the German delegation, Mrs. Renate von Boddien, on Thursday, October 6, during a meeting of the Nigeria- Germany Consultations on Development Cooperation hosted by the Ministry of Budget and National Planning in Abuja.

According to a press release signed by the Director of Information Adedeji Ajibade, Boddien explained that 22.6 million Euros has been earmarked for bilateral technical cooperation, special funding lines of 19.9m Euros for special initiatives to tackle the root causes of displacement- reintegrating of refugees and 6 million Euros special initiatives for the ‘One World – No Hunger’ project initiated to strengthen its support of the Green Innovation Center for the Agriculture and Food Sector.

According to her, the “Technical Cooperation is being implemented through the pro-poor growth and employment promotion in Nigeria programme which was commissioned by the German Ministry of Economic Cooperation and Development (ECD) and is co-financed by the European Union, the objectives of which is to increase employment and income generation for micro, small and medium sized enterprises (MSMEs) in three states of Niger, Ogun and Plateau.”

She further disclosed that, other areas Germany is planning to also commit funds are North –East Humanitarian support for the plight of the Internally Displaced Persons (IDPs), the fight against Polio disease and support for technical and vocational education and training to provide innovative skills for the Nigerian Youth.

The Minister of Budget and National Planning, Senator Udoma Udo Udoma commended the German Government for its support to Nigeria. He urged German Investors to invest in Nigeria and create jobs which will enhance development and growth.