90 Views

Germany gives Nigeria N16bn to resettle Boko Haram victims

The German government has announced a commitment of €47.6m (N16.23bn at the official exchange rate of N341.14 to one euro) as financial support to Nigeria for technical cooperation programmes and special project initiatives.

This was revealed by the Leader of a German delegation, Mrs. Renate von Boddien, during a meeting of the Nigeria-Germany Consultations on Development Cooperation, hosted by the Federal Ministry of Budget and National Planning in Abuja on Thursday.

A statement issued by the ministry stated that Boddien disclosed that the commitment was part of bilateral technical cooperation and special project initiative aimed at tackling the root causes of displacement of refugees and speed up their integration under the ‘One World No Hunger Green Innovation’.

This, according to her, will also strengthen Germany’s support for the Green Innovation Centre for Agriculture and Food Sector.

She explained that €22.6m was earmarked for bilateral technical cooperation and special funding lines; €19.9m for special initiatives to tackle the root causes of displacement/reintegrating of refugees; and €6m for special initiatives for the ‘One World No Hunger’ project initiated to strengthen its support for the Green Innovation Centre.

Boddien reaffirmed the German government’s commitment to stay engaged in the priority areas of sustainable economic growth, Nigerian energy support programme and technical cooperation.

ALSO READ  #BBNaija Housemate, Bassey Gets Evicted

She was quoted to have said that the “technical cooperation is being implemented through the pro-poor growth and employment promotion programme in Nigeria, which was inaugurated by the German Ministry of Economic Cooperation and Development and is co-financed by the European Union.

“The objective is to increase employment and income generation for Micro, Small and Medium-sized Enterprises in the three states of Niger, Ogun and Plateau.”

She further stated that other areas Germany was planning to also commit funds included humanitarian support in the North-East, the fight against polio disease and to support technical and vocational education.

The Minister of Budget and National Planning, Senator Udo Udoma, commended the German government for its support and told the German Ambassador to Nigeria, Mr. Schlag Heck, that the Federal Government was working hard to diversify the Nigerian economy.

This, he said, would stimulate growth through agriculture, solid minerals, manufacturing and development of processing zones.

The minister urged German investors to invest in Nigeria and create jobs so as to ensure development, adding that the government had provided enabling environment for investors.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

10 Things That Change When You’re Finally In The Right Relationship
Romance and Love
43 views
Romance and Love
43 views

10 Things That Change When You’re Finally In The Right Relationship

PH - February 20, 2018

1. You don't get anxious. I once heard great philosopher Kourtney Kardashian say on Keeping Up With The Kardashians — and I'm paraphrasing here: When you're with…

BBC Launches Igbo And Yoruba Channels
Entertainment
48 views
Entertainment
48 views

BBC Launches Igbo And Yoruba Channels

PH - February 20, 2018

BBC Igbo and Yoruba services launched today, two of the 3 new languages to be launched by the BBC for Nigeria and the West and Central Africa…

Meet Young Don, One Of Delta State’s Youngest Multimillionaires (Photos)
Richest
53 views
Richest
53 views

Meet Young Don, One Of Delta State’s Youngest Multimillionaires (Photos)

MT - February 20, 2018

Meet Joseph Ebosa, the Nigerian big boy popularly known as ‘Young Don’. Local reports claim that Young Don is one of Delta State’s youngest multi millionaire who has kept…

Nollywood Star, Kate Henshaw Rocks Super Eagles Jersey, Talks On Reasons She Believes In Nigeria (Photos)  
Entertainment
63 views
Entertainment
63 views

Nollywood Star, Kate Henshaw Rocks Super Eagles Jersey, Talks On Reasons She Believes In Nigeria (Photos)  

MT - February 20, 2018

Popular Nollywood actress, Kate Henshaw, has taken to her Instagram page to share a motivational piece to her fans and followers about the need for Nigerians to…

How Nigerian Music Sensation, Tekno Disappointed Abuja Fans
Entertainment
72 views
Entertainment
72 views

How Nigerian Music Sensation, Tekno Disappointed Abuja Fans

MT - February 20, 2018

One of Nigerian finest artistes, Tekno let his fans down when he put up an uninspiring performance at an event at the Transcorp Hilton in Abuja where…

Lesbian Practice Actually Started From The Igbos Before Colonization – Lady Claims
Shocking
52 views
Shocking
52 views

Lesbian Practice Actually Started From The Igbos Before Colonization – Lady Claims

MT - February 20, 2018

Trying to take us Back to the Beginning of time, A Twitter user with the name Christiana1987 has declared the generation of G.ay started from the Igbos,…

Photos From Oba Tejuoso’s Pre-80th Birthday Family Dinner
Art, History and Culture
47 views
Art, History and Culture
47 views

Photos From Oba Tejuoso’s Pre-80th Birthday Family Dinner

MT - February 20, 2018

Wives, Children and grandchildren of the Osile of Oke Ona of Egbaland, Oba Adedapo Tejuoso, gathered at his residence to host him to a pre-birthday dinner last…

PHOTOS: Singer Jaywon Visits Orphanage Home In Kogi State
Entertainment
57 views
Entertainment
57 views

PHOTOS: Singer Jaywon Visits Orphanage Home In Kogi State

MT - February 20, 2018

Singer Jaywon was yesterday in Kogi State and visited an orphanage home there. Taking to his IG, Jaywon says he's glad he could make the kids smile…

How Wole Soyinka Inspired My Passion For Road Safety – FRSC Executive, Kayode Olagunju
Inspiring
58 views
Inspiring
58 views

How Wole Soyinka Inspired My Passion For Road Safety – FRSC Executive, Kayode Olagunju

MT - February 19, 2018

An Assistant Corps Marshal with the Federal Road Safety Corps (FRSC), Dr Kayode Olagunju, has revealed how Nobel laureate, Prof. Wole Soyinka inspired his passion for road…

Meet The Nigerian Lawmaker Who Empowered His Constituents With Cutlasses And Hoes. [Photos]
Best of Nigeria
62 views
Best of Nigeria
62 views

Meet The Nigerian Lawmaker Who Empowered His Constituents With Cutlasses And Hoes. [Photos]

MT - February 19, 2018

Our lawmakers have got to do better in the aspect of empowering their constituents. Just when we thought we’ve seen it all, comes this shocker. Honourable Mandela…

Daniel Amokachi Reveals The Country His Footballer Twin Sons Will Play For.
Sports
71 views
Sports
71 views

Daniel Amokachi Reveals The Country His Footballer Twin Sons Will Play For.

MT - February 19, 2018

Ex International and football pundit, Daniel Amokachi has said he would want to see his twin sons play for the Super Eagles of Nigeria instead of Tunisia, the country…

Despite Recession, Nigerians Spent N3.208 Trillion On Airtime In 2017 – Research Shows
Best of Nigeria
62 views
Best of Nigeria
62 views

Despite Recession, Nigerians Spent N3.208 Trillion On Airtime In 2017 – Research Shows

MT - February 19, 2018

With the cry of economic recession in almost all Nigerians' mouths; the economy meltdown which started in Nigeria sometimes in 2016 and lingered till a greater part…

Romantic Photos Of Davido And Girlfriend, Chioma After His ‘Sold Out Concert’ In London
Entertainment
105 views
Entertainment
105 views

Romantic Photos Of Davido And Girlfriend, Chioma After His ‘Sold Out Concert’ In London

MT - February 19, 2018

After his sold out concert in London yesterday, The Lovebirds are pictured together in a room probably to refresh themselves following a busy day on stage. See more…

Child Comedienne Emmanuella Lands Disney Film Role
Entertainment
71 views
Entertainment
71 views

Child Comedienne Emmanuella Lands Disney Film Role

PH - February 19, 2018

Popular Nigerian comedienne, Emmanuella Samuel, is set to feature in a Disney Hollywood film. The 7-year-old revealed this on her Instagram page. She captioned the post: “Thanks…

In Photos: Super Falcons Star, Francisca Ordega All Smiles As She Poses With Athletic Madrid Star, Diego Costa
Sports
114 views
Sports
114 views

In Photos: Super Falcons Star, Francisca Ordega All Smiles As She Poses With Athletic Madrid Star, Diego Costa

MT - February 19, 2018

This is a one-in-life time opportunity for Super Falcons player, Francisca and trust her she made a better use of it. The Falcons star player and Athletico…

Here’s What Nigerian Musician, Pasuma Has to Say About His ‘Presidential Ambition’ Ahead of 2019 Election
Entertainment
111 views
Entertainment
111 views

Here’s What Nigerian Musician, Pasuma Has to Say About His ‘Presidential Ambition’ Ahead of 2019 Election

MT - February 19, 2018

Legendary Nigerian Fuji musician, Wasiu Alabi Odetola, popularly known as Pasuma Wonder, has taken to his Instagram page to reveal to his fans and folowers that he…

Meet The 5 Talented Nigerians Who Featured In Blockbuster Hollywood Movie ‘Black Panther’ (Photos/Video)
Best of Nigeria
307 views
Best of Nigeria
307 views

Meet The 5 Talented Nigerians Who Featured In Blockbuster Hollywood Movie ‘Black Panther’ (Photos/Video)

MT - February 19, 2018

  Undoubtedly, the movie, Black Panther is already 2018’s most-anticipated movie and imagine the year just started. The movie, which has gathered a movement, is the first…

$11.489m: Why We Rejected Patience Jonathan’s Settlement Offer – EFCC
Politics
83 views
Politics
83 views

$11.489m: Why We Rejected Patience Jonathan’s Settlement Offer – EFCC

MT - February 19, 2018

Former First Lady Patience Jonathan’s bid to settle out of court the brewing dispute over the strange payment of $11,489,069.03 into her domiciliary accounts has been rejected.…

Loading...