As part of efforts to boost Foreign Direct investment for the development of the nation, the Nigeria Government and its German counterpart signed two Memoranda of Understanding (MoU), bordering on the supply of gas from Nigeria to Germany and another for $500 million worth of renewable energy projects in Nigeria.

Speaking in Berlin, Germany, at the 10th German-Nigerian Business Forum, President Bola Tinubu who witnessed the signing, called for more investors in various sectors of the Nigerian economy, assuring German businesses that with Nigeria’s stable political landscape, foreign investments into the country are secure.