- Nigeria, Germany Finalise New Bilateral Cooperation Framework
- Bagudu described Germany as one of Nigeria’s most reliable and long-standing development partners
- The agreement focuses on development cooperation in key sectors including agriculture, energy, healthcare, governance, skills development and private-sector growth
Nigeria and Germany have concluded negotiations on a renewed framework for bilateral cooperation, setting the stage for the formal signing of the agreement in Abuja.
Eko Hot Blog reports that the framework was negotiated by senior officials from more than six Nigerian Ministries, Departments and Agencies led by the Federal Ministry of Budget and Economic Planning, alongside representatives of the German Embassy in Nigeria and Germany’s Federal Ministry of Economic Cooperation and Development.
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The agreement focuses on development cooperation in key sectors including agriculture, energy, healthcare, governance, skills development and private-sector growth.
Speaking during the opening session of the negotiations, the Minister of Budget and Economic Planning, Abubakar Bagudu, said the Nigeria-Germany partnership was entering a new phase driven by economic transformation, sustainable infrastructure, youth empowerment, private investment and energy transition initiatives.
Bagudu described Germany as one of Nigeria’s most reliable and long-standing development partners, noting that over 50 years of cooperation had delivered significant results across renewable energy, agriculture, healthcare, vocational training, migration governance and enterprise development.
According to him, both countries are repositioning the partnership to address emerging global realities by prioritising innovation, investment, enterprise and economic competitiveness.
“The global development landscape is becoming increasingly complex, shaped by economic pressures, geopolitical uncertainties, climate-related challenges and shrinking development finance. These realities make strong, trusted partnerships even more important,” Bagudu stated.
The minister also highlighted the Nigeria-Germany Binational Commission held in Berlin in November 2025, describing it as a major step toward strengthening cooperation in foreign policy, security, energy, trade, migration, culture and development.
He further praised the Nigeria-Germany Business Forum recently held in Lagos, which brought together business leaders from both countries to deepen investment ties and explore new commercial opportunities.
Bagudu noted that the administration of President Bola Ahmed Tinubu was implementing economic reforms under the Renewed Hope Agenda aimed at achieving sustainable growth and long-term macroeconomic stability.
According to him, the reforms include foreign exchange liberalisation, increased domestic revenue generation, infrastructure investments, human capital development and fiscal decentralisation.
He added that the reforms had strengthened the financial capacity and creditworthiness of state governments, creating more opportunities for investment partnerships at the subnational level.
The minister also disclosed that the Federal Government, through the National Economic Council chaired by Vice President Kashim Shettima, had reached agreements with state governments on security collaboration, infrastructure financing, economic reforms and social inclusion initiatives.
Bagudu reaffirmed Nigeria’s commitment to achieving an inclusive energy transition through expanded electricity access, decentralised energy markets and renewable energy investments.
He cited ongoing collaboration with Germany through initiatives such as the Nigeria Energy Support Programme and the Energy Transition Challenge Fund implemented by GIZ and KfW.
In her remarks, Germany’s Ambassador to Nigeria, Annett Günther, described Nigeria as a strategic partner in Africa, noting that the country’s leadership role within ECOWAS and the African Union remained important for regional peace, economic integration and democratic stability.
