According to his Spokesman, Garba Shehu, who highlighted the takeaways from the President’s visit in an article forwarded to DAILY POST on Sunday, Buhari expressed a strong determination to use agriculture and ICT as vehicles to attain the target of lifting 100 million Nigerians out of poverty in the next ten years.
In his arguments, President Buhari said the vigorous implementation of key reforms by his administration in oil and gas, farming and agriculture as well as the country’s vast human resources, made mostly of “young men, women and able-bodied persons” and the country’s rich land and mineral resources eminently positions her for substantial capital inflows. He said the economy holds great promise of win-win for investors.
The company’s Chairman, Yassir Al-Rumayyan, who doubles as the head of the PIF, expressed the company’s determination to promote business investment through the use of modern technology across the energy sector in Nigeria. For those who know, the head of the Saudi PIF has the capacity to invest five billion dollars in a country within a month.
“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.
“ 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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