President Bola Tinubu, addressing potential investors at the Saudi-Africa Summit in Riyadh, Saudi Arabia, has reassured them that their investments are secure in Nigeria. Emphasizing Nigeria’s readiness for business, President Tinubu highlighted the country’s potential for offering some of the world’s highest returns on investment.<\/p>\n
This was contained in a statement signed by Chief Ajuri Ngelale, Special Adviser to the President (Media and Publicity) in Abuja today.<\/p>\n
During his speech, President Tinubu expressed Nigeria’s commitment to strengthening collaboration with the Kingdom of Saudi Arabia in addressing terrorism, particularly combating organizations like Boko Haram, ISWAP, and other violent extremist groups that have affected the Lake Chad and Sahel regions.<\/p>\n
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Acknowledging the longstanding relationship between Nigeria and Saudi Arabia, President Tinubu commended the diversification of bilateral cooperation beyond hajj-centric initiatives to cover various areas of common interest. He noted the presence of Nigerian professionals and compatriots, including skilled medical practitioners and football players, in Saudi Arabia.<\/p>\n
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President Tinubu highlighted the mutual participation of both nations in international organizations, stressing the positive disposition within these platforms for advancing shared interests. He underlined Nigeria’s ongoing economic diversification efforts, including bold reforms aimed at promoting sustainable development and improving the ease of doing business.<\/p>\n
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Assuring potential Saudi investors of the safety of their investments, President Tinubu emphasized the sanctity of the rule of law and the attractive returns available in Nigeria, the largest economy in Africa. He underscored the significance of the early inauguration of the Nigeria-Saudi Business Council in facilitating and enhancing economic partnerships.<\/p>\n
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Expressing gratitude for the Kingdom’s humanitarian interventions through the King Salman Humanitarian Aid and Relief Centre, President Tinubu addressed the impact of climate change in Africa, highlighting Nigeria’s commitment to combating its effects. He detailed Nigeria’s Energy Transition Plan, which aims for net-zero emissions by 2060 and focuses on industrialization using new energy systems.<\/p>\n
<\/p>\n
President Tinubu concluded by reaffirming Nigeria’s full support for Saudi Arabia’s bids to host the 2030 World Expo in Riyadh and the 2034 FIFA Senior Men\u2019s World Cup. Additionally, he reiterated Nigeria’s call for an immediate ceasefire and a peaceful resolution to the situation in the Middle East, particularly in Palestine.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Bola Tinubu, addressing potential investors at the Saudi-Africa Summit in Riyadh, Saudi Arabia, has reassured them that their investments are secure in Nigeria. Emphasizing Nigeria’s readiness for business, President Tinubu highlighted the country’s potential for offering some of the world’s highest returns on investment. This was contained in a statement signed by Chief Ajuri […]<\/p>\n","protected":false},"author":2,"featured_media":5497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-5496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/5496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=5496"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/5496\/revisions"}],"predecessor-version":[{"id":5498,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/5496\/revisions\/5498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/5497"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=5496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=5496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=5496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}