President Tinubu assures Saudi investors of safety in Nigeria.
Niger State Governor, Mohammed Umaru Bago is part of Nigeria’s delegation to the Summit where President Bola Ahmed Tinubu assured potential investors that their investments are safe in Nigeria.
Speaking at the Saudi-Africa Summit in Riyadh, Saudi Arabia, President Tinubu said the 36 States of the federation including Niger State and FCT are ready for business while assuring investors of some of the world’s highest returns on investment.
The President said Nigeria is desirous of enhancing collaboration with the Kingdom of Saudi Arabia on combating terrorist organizations such as Boko Haram, ISWAP, and other violent extremist groups which have been terrorizing the Lake Chad and Sahel regions.
One of the contending issues discussed at the Summit included the effects of climate change and stated that Nigeria is working on several initiatives to fight the effects of climate change.
The initiative of the Governor of Niger State, Umaru Bago especially as it affects the Green Economy Summit aimed at carbon reduction and zero-emission targets was highly acknowledged and commended
In his opening remarks, Crown Prince Mohammed Bin Salman condemned Israel’s continued violation of international humanitarian laws in Gaza and called for a stop to Israel’s bombardments.
Saudi Finance Minister Khalid Al-Fatih said the Saudi Kingdom’s 600 billion euro wealth fund and the public investment fund, would make some game-changing investments in Africa.
Already, preliminary agreements have been signed with Countries including Nigeria, Senegal, Chad, Ethiopia and Mozambique.
Fifty nations from across the Middle East and Africa are participating in the three-day event aimed at boosting political and investment ties, addressing regional security threats, enhancing political coordination and championing economic transformation.
