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

I’ll Love You Till The End Of Time – Adesua Etomi Pens Romantic Birthday Message To Husband, Banky W On His Birthday

Nigerian actress, Adesua Etomi has taken to Instagram to pen a heartfelt note to her husband, Banky W, as...

Tinubu Establishes Presidential Economic Coordination Council

President Bola Ahmed Tinubu has established the Presidential Economic Coordination Council (PECC).He also created the Economic Management Team Emergency...

Sophia Smith becomes NWSL’s highest-paid player with new Thorns extension

Sophia Smith became the latest NWSL star to ink a new deal Wednesday, becoming the league's highest-paid player in...

USWNT’s Midge Purce tears ACL, will miss Olympics and Gotham FC’s NWSL season

Midge Purce, a USWNT player and the reigning NWSL Championship Game MVP, will miss the rest of Gotham FC's...
- Advertisement -

Lionel Messi on retirement talk: ‘If I feel good, I will always try to continue competing’

Lionel Messi will turn 37 in June, but as long as his body feels good, he plans to play...

The Baltimore Bridge Collapse Is About to Get Even Messier

In the early hours of Tuesday morning, the global supply chain and US coastal infrastructure collided in the worst...

Must read

Tinubu Establishes Presidential Economic Coordination Council

President Bola Ahmed Tinubu has established the Presidential Economic...
- Advertisement -

You might also likeRELATED
Recommended to you