The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, on Friday October 18 said that the ongoing reforms by the Tinubu-led Government would boost the Nigeria’s economy.
The minister who gave this assurance when he received a delegation from the Chambers of Commerce and Industry (CCI) Giessen-Friedberg Germany, at his office in Abuja, said that some risks were taken by President Bola Tinubu to make the country work well.
Describing the Dual Training/Apprenticeship Programme of the CCI Geissen-Friedberg, as a welcome development, Bagudu maintained further;
“There cannot be a better time for this, as it will support the social investment programme and economic reforms of the government.
“Germany is the bedrock of the European Union, as Nigeria is the Bedrock of ECOWAS, Germany is one of the success stories in Nigeria in the provision of aluminum, construction, pharmaceuticals, machinery and equipment manufacturing expertise”.
On the issue of legal migration, the minister said that a migration agreement was endorsed between both countries some time ago, to assist Nigerian youths migrate out of choice and be global citizens.
Bagudu added that the agreement would enable them turn away criminal conducts in their host countries.
While explaining that one of the mandates of the ministry entailed the management of bilateral economic cooperation, the Minister stated that such also includes development aids and technical assistance programmes, adding that the ministry was willing to operate in any shape or form to achieve this with Germany.
He lauded the German Government for supporting the economic reforms of the Federal Government and appealed to other countries to do same.
Earlier, the Chief Executive Officer of the CCI Geissen-Friedberg, Dr Matthias Leder, said that the purpose of the visit was to strengthen the cooperation and partnership between the German and Nigerian Chambers of Industries.
“We are here to strengthen the Nigerian Chambers of Industries, help with dual vocational training for young Nigerians, legal skills migration and getting more rights.”
He noted that the Dual Vocational Training or Apprenticeship programme was set up by Germany which was in operation in Ogun State for more Nigerians to leverage on.
“The Dual Vocational Training or Apprenticeship is the most popular form of post compulsory education in Germany as half of school leavers find their way to dual vocational training programmes.
“It entails theoretical instruction in the classroom and practical on-the-job work experience in the company providing training need skilled foreign workforce to replace its retiring baby boomer generation,” Leder said.
He emphasized that German authorities had relaxed its immigration rules for European Union/European Free Trade Association, EU/EFTA, citizens.
