Nigeria partners with Saudi Arabia on Investments, Security Roadmap

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Nigeria’s President, Bola Ahmed Tinubu and the Crown Prince of Saudi Arabia, Mohammed bin Salman have agreed to work together over the next six months to design a comprehensive roadmap and blueprint towards delivering agreed investments and outcomes.

The two leaders also discussed the need to strengthen security cooperation to mitigate terrorism, illegal migration and other challenges affecting the West African region.

READ ALSO: Nigeria, Saudi Arabia Begin Joint Action to Combat Boko Haram, ISWAP 

President Tinubu and the Crown Prince of Saudi Arabia had the agreements on the sidelines of the Saudi-Africa Summit held in Riyadh on Friday.

Prince bin Salman also engaged in the bilateral talks to announce Agriculture and Renewable Energy as areas of investment interest for Saudi Arabia, in Nigeria.

He said this will help the country attain food and energy security, respectively.

READ ALSO: Investment: Saudi Arabia backs upgrade of Refineries in Nigeria

The Nigerian Leader, President Tinubu thanked the Saudi leader for the proposed investments and pledged that Nigeria would ensure judicious management and oversight of the investment.

The two leaders also discussed existing economic and socio-cultural cooperation between Nigeria and Saudi Arabia and agreed to open new vistas in bilateral relations.

 

 

 

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