President Bola Ahmed Tinubu and Saudi Crown Prince Mohammed bin Salman have agreed to explore ways to bolster Nigeria’s economy through energy, agriculture, and infrastructure.
This development came out of the Joint Arab-Islamic Summit in Riyadh, Saudi Arabia, where the two leaders met on Monday.
According to Special Adviser to the President on Information and Strategy, Bayo Onanuga, Crown Prince Mohammed pledged his support for Nigeria’s ongoing economic reforms, likening them to his efforts to stabilize and strengthen Saudi Arabia since becoming Prime Minister.
The Prince assured Tinubu of his support and promised to drive his team towards realizing joint goals in the discussed sectors.
The two leaders also considered establishing a Nigeria-Saudi Business Council to drive bilateral ties between the two oil-producing nations.
This council aims to facilitate stronger economic ties and promote mutual growth and development in various sectors.
The Joint Arab-Islamic Summit renewed the mandate of Nigeria and other member states on the ministerial committee assigned to engage with global leaders in seeking an end to the ongoing war in Gaza and Lebanon.