In a significant diplomatic move, President Bola Tinubu has arrived in Riyadh, Saudi Arabia, to attend the first-ever Saudi-Africa Summit, scheduled for Friday. Welcomed by ministers, members of the National Assembly, and government officials, President Tinubu’s visit underscores Nigeria’s commitment to fostering foreign direct investment and expanding business partnerships.
During the summit, President Tinubu aims to emphasize Nigeria’s dedication to attracting more foreign investments and to highlight the country’s ongoing domestic economic reforms. Presidential spokesman Ajuri Ngelale stated that the visit would strongly support the administration’s economic initiatives, facilitating joint efforts, enhancing political coordination, and addressing regional security challenges.
Discussions at the summit will focus on various areas, including economic transformation through research and local development of new energy solutions. This strategic approach is expected to boost cross-sectoral investment cooperation between Saudi Arabia and African nations.
Accompanying President Tinubu on this diplomatic mission are key officials, including the Minister of Foreign Affairs, Amb. Yusuf Tuggar; Minister of Education, Prof. Tahir Mamman; and the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun. Additionally, National Security Adviser Malam Nuhu Ribadu, Director General of the National Intelligence Agency Amb. Ahmed Rufai Abubakar, and Chairman of the National Hajj Commission of Nigeria Malam Jalal Arabi are part of the delegation.
Upon the conclusion of the Saudi-Africa Summit, President Tinubu is expected to return to Abuja, marking a significant step toward strengthening economic and diplomatic ties between Nigeria and Saudi Arabia.