President Muhammadu Buhari says his administration will always uphold the sanctity of the rule of law in governing Nigeria.
President Buhari said this as he received the German Chancellor, Angel Merkel with other top government officials and a business delegation in Abuja.
He assured the German Chancellor Angel Merkel that all agreements reached would be fully respected.
The President said; “unity and harmony in every society can only be preserved by observing the rule of law, and ensuring that agreements reached in good faith are followed through to the mutual benefit of countries.”
President Buhari told Chancellor Merkel and members of her delegation that the rule of law embodies all the rightful mechanisms for conflict resolution, both within the country, and in dealing with all foreign partners. He promised to remain focused on delivering a peaceful, economically viable and politically stable polity to all Nigerians.
“Nigeria remains grateful to the German government for the fair treatment of migrants,” President Buhari said.
According to him, Nigeria looks forward to improving its trade figures with Germany, which had taken strong interest in investing in the country and supporting the government in providing effective services in security, education and creation of jobs.
The President said his administration instituted reforms in the economy to make it more internationally attractive and business friendly for investors, noting that infrastructure development had been a priority, especially in power supply, road and rail constructions.
He stated that the economy was already responding to the diversification reforms and the stimulus of the government as growth is now largely driven by the non-oil sector.
President Buhari said Nigeria was politically stable, urging German investors to take advantage of the friendly climate.
“I enjoin you to invest in Nigeria because this is the best time to do so,’’ he stressed.
President Buhari explained that the successful political transitions since 1999 were clear indications of Nigeria’s stability and preparedness to welcome more investments that would bolster the economy.
Chancellor Merkel said Germany was prepared to further strengthen bilateral and business relations with Nigeria, which, according to her, controls 60 per cent of the ECOWAS economy.
The German Chancellor said the population growth and opportunities in the economy can always be explored to improve employment situation in the country.
Chancellor Merkel said the three Memoranda of Understanding signed during the visit represent a starting point for a healthier and deeper partnership with Nigeria in areas of security, trade, immigration and education.