Major takeaways from President Buhari’s visit to Saudi Arabia | The Guardian Nigeria News - Nigeria and World News

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“We are willing to do the same in Nigeria, given the favourable business environment.” Nigeria

Apart from attending the summit, which had a debating format for global leaders, investors and innovators to compare notes and share ideas, President Buhari held extensive talks with the Kingdom’s rulers, King Salman bin Abdulaziz and his son, the powerful Crown Prince Mohammed bin Salman, MBS. The Presidents meetings with the two prominent rulers marked an important upswing in relations between Nigeria and the Kingdom of Saudi Arabia.

On the sidelines of the conference, President Buhari held strategic meetings with the leadership of Saudi Oil and Gas group, the country’s Sovereign Wealth Fund and Public Investment Fund, PIF.

Another meeting of great significance, which was almost missed due to scheduling difficulties, but eventually took place because of strong interest on both sides was between the United States team to the FII and President Buhari.

Whether this is a response to the Russia-Africa summit in Sochi, as argued by some critics matters less to President Buhari. For him, anyone who has money and shows a willingness to help Nigeria overcome her infrastructure deficit is welcome. The President told the Americans that Nigeria will leverage on the U.S facility to address current challenges confronting her power sector as well as general upgrade of infrastructure. President Buhari thanked the U.

The Kingdom of Saudi Arabia, which had last month announced its interest to invest USD 100 billion in India, revealed that it had so far invested 40 billion dollars in India, 10 billion dollars in Pakistan and 20 billion dollars in Indonesia. According to Prince Mohammed Ibn Salman: “We are willing to do the same in Nigeria, given the favourable business environment.” President Buhari gave an instant and firm commitment for the partnership.

President Buhari and the Crown Prince shared the view that with the collapse of ISIS in Iraq and Syria, the next frontier for terrorism is the Sahel region, with both leaders agreeing that the problem had grown beyond the region, and needed global leaders to come together and deal with it. Prince Mohammed Ibn Salman said he was ready to lead a global awareness campaign on the issue.

 

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Business without good road no electricity no customers even Nigerians are leaving the country do yourself a favor and remain where you are to avoid adding debt for future Nigerians

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