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President Buhari set to Establish Nigeria – Saudi Arabia Council


Nigeria has potential to be among top 20 economies,  says Riyadh. 

President Buhari on thursday in Riyadh, accepted an invitation from Saudi Arabia crown prince.

Mohammed Bin Salman. For the establishment of Nigeria – Saudi Arabia Council.

The council, according to presidential spokesman, Malam Garba Shehu, is aimed at promoting investments.

And enhancing relation between both countries.The crown prince spokes on bilateral issues.

Reiterating the preparedness of Saudi to support Nigeria Development Agenda.

Noting that the country had the potential to be among the too 20 economics in the world.

Saudi Arabia is eager to support Nigeria and want to be a part of Nigeria Journey to be among the top 20 economies in the world ” he said.

The meeting was initially scheduled to hold in the office of the crown prince, but out of Courtesy and respect for Nigerian leader.

Prince Salma insisted that he would meet with president Buhari in his hotel room at the Ritz Carlton Riyadh.

President Buhari and the crown prince agreed that the first assignment for the Council is to established a legal and operational framework.

That will facilitate investment beneficial to both countries, the statement said.

He added that Salman told the president that Saudi Arabia has invested in $10 billion in Pakistan, $20billion in Indonesia and $40billion in India.

And also willing to replicate same in Nigeria, given the favorable business empowerment.

President Buhari emphasised that an enabling business environment would remain a priority for his Administration.

 

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