Germany Stands to Gain in Supporting African Economy – German Parliament

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Head of Bundestrat, the upper chamber of the German Parliament, Ms Malu Dreyer, has said that Germany has a lot to gain from supporting the growth of African nations’ economies.

She said this while playing host to a delegation of the Nigerian Senate led by its President, Dr. Abubakar Bukola Saraki, in Berlin.

“We should empower African nations to enable the people and their government take their fate into their own hands. We have a gain to make from this co-operation. We are faced with refugee situation and to save ourselves the escalation of this problem, we have to tackle the root cause of migration by helping African countries to be economically strong and buoyant. That is why we must help Africa” she said.

The Bundestrat President who has just one year tenure, in line with the country’s federal constitution, promised to raise the request made by Saraki for stronger economic co-operation with the German Chancellor, Angela Merkel and Secretary in charge of Economic Co-operation and Development, Mr. Muller.

She said the country will look towards extending the special partnership and grassroots co-operation which it presently has with Rwanda to Nigeria and that more exchange programmes between the two countries should be initiated.

“The partnership between Nigeria and Germany is very important and should be nurtured. This partnership at a very high level can help the entire population in Nigeria. We have to do all that is necessary to support Africa to prevent internal crisis that would later plague Europe.

In the area of renewable energy, Dreyer said Germany would be ready to help Nigeria through exchange of technical information and exchange programmes as the clean source of power is the future of energy resource in the world and her country had made much progress in the area.

Saraki while responding to the message of his German counterpart reiterated the need for Germany to partner Nigeria in the areas of economic co-operation, security and renewable energy as both are continental leaders whose well being have positive implications for Africa and Europe.

“We appreciate cordial relationship between Germany and Nigeria. We need German support as our government works hard through progressive policies and legislations aimed at overcoming our current challenges and engaging our youths who form about 70 percent of the population.

“It may be true that we have economic challenges but the fundamentals remain good and even the prospects are better. That is why we are seriously working to diversify the economy and move away from the dependence on oil. We are moving into agriculture, mining of numerous mineral resources and manufacturing. These areas alongside energy production and funding of key infrastructural projects are areas that German business people can invest in”, he said.

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