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President Tinubu takes investment drive to Arab nations

Blog, News

by Raliat Adenekan

=President Bola Tinubu on Sunday announced fresh moves to engage nations in the Arab world in an effort to attract businesses and additional Foreign Direct Investment (FDI) as he attends two major summits this week.

Special Adviser on media and Publicity to the President, Ajuri Ngelale who briefed State House Correspondents at the Presidential Villa said the President will be heading to Riyadh, the Kingdom of Saudi Arabia, this week to attend the Saudi-Africa summit and the Arab-African summit, scheduled to hold on the 10th and 11th November, 2023 respectively.

According to the presidential spokesman, President Tinubu in Saudi Arabia, would discuss several issues of mutual concern with respect to economic ties between the regions and with respect to the issues of counter terrorism, climate change and agriculture.

At the Arab-African summit held on November 11, Ngelale said, President Tinubu in his capacity, also as the chairman of the authority of heads of government ECOWAS will be taking part in the summit advocating for deepening partnership of the two regions that is the League of Arab nations as well as the African Union with respect to integration in terms of infrastructure, facilitation and the establishment of a new high-speed train network that would tie Arab nations from the Middle East and Northern Africa, to the rest of the African continent.

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