AMB. TIMOTHY NWACHUKWU FACILITATES BUSINESS AND INVESTMENT OPPORTUNITY BETWEEN ETHIOPIAN AMBASSADOR TO NIGERIA AND CEO JOLLY JOLLY NOODLES AT ETHIOPIAN EMBASSY ABUJA
In his continued efforts to promote business and investment opportunities between Nigeria and other nations towards achieving the Agenda 2030 for Sustainable Development, Honourable Ambassador Timothy Nwachukwu, the National Coordinator, Sustainable Development Goals Council – Office Of the Senior Special Assistant to the President of Nigeria on Students Engagement facilitated a meeting between the Ethiopian Ambassador to Nigeria, Ambassador Legesse Geremew Haile and the CEO of Jolly Jolly Noodles, Mr. Ikenna Ifejiofor at the Ethiopian Embassy in Abuja.
The meeting aimed to explore ways to strengthen trade and economic cooperation between the two countries, aligned with the United Nations’ Agenda 2030 for sustainable development. During the discussions, Amb. Nwachukwu emphasized the immense potential for mutual economic growth between Ethiopia and Nigeria. “As the most populous country in Africa, Nigeria offers immense market opportunities, while Ethiopia’s strategic location provides easy access to the vast East African market,” he noted. “By working together, our nations can create jobs, stimulate innovation, and lift more people out of poverty.”
Ambassador Ambassador Legesse Geremew Haile The Ethiopian Ambassador expressed his country’s keen interest in attracting Nigerian investments, particularly in the areas of agriculture, textiles, pharmaceuticals and manufacturing. He assured the CEO of Jolly Jolly Noodles that Ethiopia offers a conducive business environment and attractive incentives for foreign investors. “Ethiopia is committed to achieving the UN Sustainable Development Goals by 2030, and partnerships with major economies like Nigeria are crucial in this regard,” he stated.
On his part, Mr. Ikenna Ifejiofor, The CEO of Jolly Jolly Noodles and Jolly Jolly Bread expressed enthusiasm about the prospects of expanding his company’s operations into the Ethiopian market. “As a leading noodles producer in Nigeria, we see tremendous potential for our products in Ethiopia and other East African markets,” he said. “We look forward to working with the Ethiopian government to explore investment opportunities that can create value for both our countries.” He expressed gratitude to Ambassador Nwachukwu for facilitating the meeting.
During the meeting, the parties discussed various options for cooperation, including the possibility of Jolly Jolly Noodles establishing a manufacturing facility in Ethiopia to cater to the local market and nearby countries. They also touched upon potential areas for collaboration in agriculture, particularly in the production and processing of raw materials for food manufacturing.
Ambassador Nwachukwu reaffirmed his dedication to fostering business relationships and investment partnerships between Nigeria and other countries. He pledged to continue working closely with relevant stakeholders to identify and facilitate opportunities for mutual benefit.
The meeting concluded with a commitment from both sides to maintain regular communication and explore further avenues for cooperation. The parties expressed optimism about the prospects of a successful partnership and the potential for joint ventures that could boost economic growth and development in both Nigeria and Ethiopia.
This development comes amid Ambassador Nwachukwu’s ongoing efforts to strengthen Nigeria’s diplomatic and economic ties with other nations. His initiative is part of a broader strategy to diversify Nigeria’s trade partners, attract foreign investment, and promote the country’s economic interests globally.
This high-level business meeting demonstrates the growing recognition of the untapped potential for economic collaboration between African nations. As countries strive to achieve the UN’s Sustainable Development Goals, such partnerships will be instrumental in driving growth, reducing poverty, and promoting stability across the continent.
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