President Bola Tinubu is set to depart from Abuja for Riyadh, Saudi Arabia, on Thursday to attend the inaugural Saudi-Africa Summit, scheduled to convene on November 10, 2023. The President’s presence at this significant international event reflects Nigeria’s unwavering commitment to attracting Foreign Direct Investment (FDI) and fostering stronger business partnerships, echoing the ongoing domestic economic reforms under his administration.
This was contained in a statement signed by Chief Ajuri Ngelale, the Special Adviser to the President (Media and Publicity) in Abuja on Wednesday.
According to the statement, the first-ever Saudi-Africa Summit will serve as a platform for discussions surrounding critical regional issues, furthering political coordination, addressing security threats within the region, promoting economic transformation through research and development, and advancing new energy solutions. These discussions will be complemented by a focus on cross-sectoral investment cooperation to bolster the economic ties between Saudi Arabia and African nations.
The Nigerian delegation accompanying President Tinubu includes notable government officials, each contributing to the country’s robust presence at the summit. Among the delegates are the Minister of Foreign Affairs, Amb. Yusuf Tuggar; Minister of Education, Prof. Tahir Mamman; Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun; Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu; as well as the Minister of Budget and Economic Planning, Sen. Abubakar Bagudu.
The delegation also comprises the National Security Adviser (NSA), Mallam Nuhu Ribadu; the Director General of the National Intelligence Agency (NIA) Amb. Ahmed Rufai Abubakar; and the Chairman of the National Hajj Commission of Nigeria (NAHCON), Mallam Jalal Arabi.
President Tinubu is expected to underscore Nigeria’s commitment to expanding its economic partnerships, fostering innovation and research, and ensuring that energy solutions align with the global transition towards sustainable practices. Following the conclusion of the Saudi-Africa Summit, President Tinubu will return to Abuja, bringing back valuable insights and opportunities for further enhancing Nigeria’s position on the global economic stage.
The President’s participation in the summit highlights the administration’s dedication to international cooperation and economic growth, emphasizing the importance of partnerships and collaboration in achieving a sustainable and prosperous future.
