German firms task government on sustainability

German experts have urged the Nigerian government to treat sustainability as a core business issue critical for a long-term survival and growth in the economic sector.
 
The experts maintained that adopting sustainable solutions would require a rethinking of the nature of value chains, business processes and consumption to reduce waste and conserve resources.
 
They spoke, yesterday, at a programme to herald the West African Clean Energy and Environment Festival 2020 (WACEE’20) talks tagged: “The Business of Sustainability,” in September at Landmark Event Centre, Victoria Island.
 
A member of the delegation of German Industry and Commerce in Nigeria, Ms. Katharina Felgenhauer stated that in the past, the private sector approached the topic of sustainability through ad-hoc and short-lived initiatives to comply with regulations or appear to have green credentials.
 
Director General, Nigerian German Chamber of Commerce (NGCC), Gbenga Adebija said the German companies in the country are also taking up issue of sustainability.

“The 90 German firms in Nigeria have recorded a turnover of $1b and employ over 10, 000 direct staff. Nigeria is Germany largest trading partner in the West African sub-region, with a trade volume of 3.5b Euros. Platforms like WACEE will help to strengthen the trade relationship between both countries,” he said.