Nigeria and Germany have signed two Memoranda of Understanding in agriculture and commerce following the visit of German Chancellor, Angela Merkel, to Nigeria.
The first agreement was signed between German-Africa Business Association and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
The pioneer Deputy National President of NACCIMA, Hajia Saratu Abubakar, signed on behalf of Nigeria, while Dr. Stefan Liebing, of German Africa Business Association, on behalf of the German Business Delegation.
The second agreement was signed between PETKUS Technologie GmbH and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL).
After signing the MoUs, Nigeria’s Minister of Industry, Trade and Investment, Okechukwu Enelamah, said the agreements would advance collaboration between Nigeria and Germany in the two areas.
According to him, “We want our SMEs to learn from the German Experience and be as important. The other area of German excellence is the technical area; technical education, technical training and technical development. It’s also an area of great interest to Nigeria.
“We are also working with Germany in the automobile sector because that’s also an area where Germany is a leader and Nigeria clearly has a policy to be a leader in the auto sector in West Africa and Africa.” He added
On his part, Managing Director, NIRSAL, Aliyu Abdulhameed, said that the MOU signed between NIRSAL and PETKUS would reduce 51.3metric tons of aggregate food production, equivalent of about US$9 billion, which the Food and Agricultural Organisation (FAO) reports Nigeria loses yearly.
He further emphasized that PETKUS, which specializes in the postharvest segment of the agricultural value chain, would bring its competency to bear on post-harvest productions in Nigeria.
In his speech, Mr. Huser said the companies’ motive was to help small farmers boost their yield.
“We are not talking about big investments; we are talking about smallholder farmers, where we like to help them to boost their yield, to get better yield; we are talking about plant production, we are talking about fertilization.” He said
“We are talking today not about one machine; we are talking about one thousand machines and you can imagine the value this can bring into the agricultural sector.” He added.