GIZ Nigeria
Industry: Banking / Financial Services International cooperation between Germany and Nigeria commenced in 1974. GIZ was initially represented by an office in Lagos until 2003, but since 2004 it has maintained a country office and four project offices in the new capital Abuja. At present, GIZ has around 25 seconded staff, 100 Nigerian and regional experts, and four CIM experts working in Nigeria. Nigeria is Africa’s largest economy and has a population of 175 million, making it the continent’s most populous country. With a young, highly motivated and growing population, abundant natural resources and an increasingly diversified economy, Nigeria is not only a regional power but also an increasingly significant political player on the African continent and in the world. However, Nigeria faces major challenges. So far, its substantial oil revenues have had little impact on poverty. More than two-thirds of the population still live in extreme poverty and unemployment remains high. Sustainable economic and social development is hampered by corruption and by regional, ethnic, religious and social differences and the associated conflicts, which sometimes lead to attacks and unrest. As agreed between the Nigerian and German Governments, GIZ’s activities since 2002 have focused on sustainable economic development. GIZ is also engaged in the energy sector, agriculture and regional integration. The 'Pro-poor Growth and Employment Promotion in Nigeria’ (SEDIN) programme aims to increase income-