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German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa’s largest oil producer, as he started a two-nation visit to sub-Saharan Africa.
“There is a willingness to invest, especially in critical minerals,” Scholz told reporters at a joint briefing with Nigerian President Bola Tinubu in the capital Abuja.“If we are successful, if there is a better chance of exporting the produced gas … it is then the question for German companies to do their private business,” said Scholz.
Nigeria is also seeking to woo investors to its mining sector, which has long been underdeveloped, contributing less than 1% to the country’s gross domestic product.
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