Economy

Nigeria, Ethiopia to deepen economic relations

by TONY AILEMEN, Abuja

June 14, 2018 | 4:25 pm
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President Muhammadu Buhari, Thursday, assured that Nigeria will continue to deepen socioeconomic relationships with her allies, particularly those with whom she shares mutually beneficial interests,

The President, while receiving the outgoing Ambassadors of the Federal Democratic Republic of Ethiopia, and Republic of Turkey at State House, Abuja, Thursday, said the core policies of the administration – securing the country, fighting corruption, and reviving the economy – cannot be effectively done without good neighbourliness and deepening of relationship with allies.

This is just as the President told Zekaria Gutu, the outgoing Ethiopian Ambassador that Security and economic development are crucial to any country, adding that “ It was why I visited our immediate neighbours once I got to office,”

Despite having over 50 years of strong bilateral relations, trade between Nigeria and Ethiopia is said to be weak, necessitating the need to further strengthen trade between both countries

According to the President, “I visited Chad, Niger, Cameroon, and Benin Republic. You will spend less money on security, and deploy more resources to infrastructural development, when you are in good terms with your neighbours,” he stated.

The President congratulated Ethiopia on the political stability that has been attained in the country, after a recent change of the Prime Minister.

He also offered best wishes to the Ambassador in her new assignment as head of her country’s electoral body, noting that “anything that has to do with election in developing countries is particularly challenging.”

Ambassador Gutu described Nigeria and Ethiopia as “strategic partners” who have deep relationship, adding that her over three-year stay was a period that saw the furtherance of bilateral relations between the two countries.

During the audience with Hakan Cakil of Republic of Turkey, President Buhari congratulated the outgoing Ambassador on the close relationship between the two countries, and thanked Turkey for academic scholarships granted scores of young Nigerians in recent times.

He also lauded government and private investments in Nigeria in diverse areas like education, medical institutions, and others.

“We value the relationship, we will build further on it,” President Buhari said.

Ambassador Cakil, who was on tour of duty for about three years, noted that Nigeria was his country’s most strategic partner in sub-Saharan Africa.

“I had my first ambassadorial posting here, and I am lucky that during my time, the President of Turkey came here, and the Nigerian President was also in Turkey. I will never forget it,” he stated.

The outgoing Ambassador also wished Nigeria well as it participates at the World Cup tournament in Russia.

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by TONY AILEMEN, Abuja

June 14, 2018 | 4:25 pm
12893  |   93   |   0  |   Start Conversation

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