FG, Germany Synergize to Ensure Security of Local, Foreign Investors

FG, Germany Synergize to Ensure Security of Local, Foreign Investors


Esther Oluku


A Delegate of the German Industry and Commerce in Nigeria, Ms. Kathrina Felgenhauer, has said that talks with the federal government to secure the assets and interests of Local and foreign investors are ongoing.


Felgenhauer made the disclosure at a press briefing in Lagos yesterday to announce the second edition of the West African Clean Energy and Environment (WACEE) Trade Fair and Conference 2022.


Felgenhauer stated that although the conference would not focus on addressing the general security challenges currently being experienced in the country, conversations bothering on security of Investments for local and foreign investors are “still ongoing”.
Felgenhauer also expressed optimism on the success and impact of the event noting that hosting a physical event, which called together investors and innovators from around the West Africa subregion and the world at large was novel.


“This is a new experience for us even though the Delegation of the German Industry and Commerce has been in Nigeria for the last forty years. We had plans to bring WACEE, which began in Ghana to Lagos in 2020 but because of the Covid situation, we were unable to have a physical event. This edition will be our first ever physical event in Lagos. It would be holding here in Lagos at the Landmark Center, physically and online”, she said.


Speaking on behalf of the Commercial Section of the Austrian Embassy, the Commercial Attaché, Mr. Hannes Scheiner, stated that as part of it’s support for the Fair, Austrian companies are committed to participating.


On his part, the Acting Consul General for Germany in Lagos, Mr. Marton Köver, noted that the Delegation of German Industry and Commerce in Nigeria is optimistic about the business potential of the Nigerian market and would continue to spread the word on the endless possibilities available in Nigeria.

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