Economic relations
A significant takeaway from the Presidential engagement in Germany is the agreement to give vocational skills training to thousands of our youth.
Germany is always known to be a strong developer of apprentice skills. In addition to their reputation for quality education, the distinguishing feature of the German economy is that emphasis on skill development.
What President Buhari got from this trip is a commitment by Germany to share with Nigeria their skills in agriculture, IT, telecommunications, machinery, aviation, vehicles, healthcare, construction and so forth.
As part of the steps towards imparting the vocational skills, there will be collaboration between the German Engineering Federation (VDMA) and a Nigerian conglomerate to build a technical school for artisans.
The school will train Nigerians for three years, of which 50percent of the time will be spent in the school and the remaining 50percent of the time spent gaining practical experience. This model will be scaled up for the other parts of the country based on the success of this cooperation.
Agriculture
Nigeria and Germany had useful discussions on a program of food processing locally, rice and oil milling with the aim of leavening that country’s experience in a new plan by the administration to create wealth in rural communities.
There also plans for a financing fund for agriculture in Nigeria to assist small and medium size entrepreneurs and cooperatives in the agricultural sector.
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