EletiofeNigeria to host Saudi investors in March — Lai...

Nigeria to host Saudi investors in March — Lai Mohammed

-

- Advertisment -

The Federal Government says it will be hosting a team of investors from Saudi Arabia in March to explore areas of business and investments benefit between both countries.

The Minister of Information and Culture, Lai Mohammed [FMIC]

The News Agency of Nigeria (NAN) reports that the minister embarked on an official visit to Riyadh, Saudi Arabia in the company of Africa’s richest man and Nigeria business mogul, Alhaji Aliko Dangote.

Also in the company of the minister was the Secretary-General of the United Nations World Tourism Organisation (UNWTO) Mr Zurab Pololikashvili.

The minister said the visit was part of the decisions reached at the maiden UNWTO Global Conference on Tourism and Creative Industry hosted by Nigeria in Lagos in late 2022.

The minister said at the meeting in Riyadh that officials and businessmen from Saudi Arabia expressed their readiness to invest in Nigeria, particularly in the tourism and oil and gas sector.

He said it was resolved that Saudi Arabia’s Export Promotion Council would be leading a team of investors from that country to Nigeria in March.

Mohammed also said that the Federal Government had directed its Ministry of Trade and Investment to work with Dangote to ensure a successful and beneficial hosting of the Saudi investors.

The minister noted that the Saudi Authority had expressed its readiness to welcome Nigerian investors into their country.

He allayed the fear that religion could be a hindrance to any investors from Nigeria going to Saudi Arabia.

According to the minister, the Saudi Authority has opened up its visa regime to investors including non-muslims to come to the country.

He said n the new Saudi visa regime, investors going to that country would be granted visas in two days.

Mohammed, therefore, enjoined Nigerian businessmen who were willing to invest in Saudi Arabia to take advantage of the bilateral cooperation between Nigeria and Saudi-Arabia.

Latest news

President Tinubu To Sign Executive Orders To Bring Down Costs Of Medicines

President Bola Ahmed Tinubu is set to sign executive orders aimed at reducing the prices of essential medicines...

Woman Bathes Co-wife With Hot Water In Kaduna

A woman identified as Hauwa’u is said to be on the run after she was accused of pouring hot...

Police Engage Bandits In Gun Duel, Foil Kidnap Attempt On Gusau-Sokoto Highway

Operatives of the Zamfara State Police Command foiled a kidnap attempt by armed bandits on Gusau-Sokoto Road, on Wednesday,...

Distasteful And Demeaning – Peter Obi Condemns Abure’s Arrest In Edo

Peter Obi, the 2023 presidential candidate of the Labour Party (LP), has reacted to the arrest of Julius Abure,...
- Advertisement -

100 Corpses Trapped As Kwara Shuts Mortuary Over ‘Ritual’ Activities

Last week, the Kwara State Government closed down a privately owned mortuary located on Omosebi Street, off Offa Garage...

Terrorism: Court Frees Rivers APC Chieftain After Two Years

A Federal High Court in Port Harcourt has discharged and acquitted Fubara Ohaka, a chieftain of the All Progressives...

Must read

President Tinubu To Sign Executive Orders To Bring Down Costs Of Medicines

President Bola Ahmed Tinubu is set to sign...

Woman Bathes Co-wife With Hot Water In Kaduna

A woman identified as Hauwa’u is said to be...
- Advertisement -

You might also likeRELATED
Recommended to you