Ginny
10 months ago
Saudi Arabia to invest in Nigeria
Saudi Arabia has expressed interest in investing in Nigeria's refineries, as well as providing foreign exchange liquidity and agricultural and renewable energy initiatives.
- The Crown Prince of Saudi Arabia, Mohammed bin Salman, made the commitments during a bilateral meeting with President Tinubu at the Saudi-Africa Summit in Riyadh.
- Prince bin Salman said that the Saudi government is committed to helping Nigeria achieve food and energy security, as well as economic prosperity.
- This is an important development for Nigeria, as it will help the country improve its energy and food production, and create economic opportunities.
- It is also a sign of the strengthening relationship
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