Buhari Attends Future Investment Summit In Riyadh, Today…Praises Adamawa Gov At 52

President Muhammadu Buhari will depart Abuja, today for Riyadh, the Kingdom of Saudi Arabia, to attend the third edition of the Future Investment Initiative organised by Saudi’s Public Investment Fund.
According to a release posted on the Instagram handle of a presidential aide, Buhari Sallau, the theme of the programme is, ‘‘What’s Next for Global Business?’’
The statement revealed that the event, which holds from tomorrow to Thursday, October 31, will focus on three key pillars: “Sustainable Future, Technology for Good and Advanced Society.
“The three-day event will be held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia and chaired by Deputy Premier, Chairman of the Council of Economic and Development Affairs and PIF, Crown Prince Mohammed bin Salman bin Abdulaziz.
“Given the increased investor confidence in Nigeria’s economy, President Buhari will use the occasion to speak about the economic opportunities that abound in Nigeria, the effectiveness of his administration’s policies to improve the business environment, and invite investors to the country,” the release noted.
Continuing, it said, “It is noteworthy that the total value of capital inflow into Nigeria increased from $12billion in the first half-year of 2018 to $14billion for the same period in 2019.
“The Nigerian delegation will leverage on the resources in Saudi’s PIF, which aims at becoming one of the largest and most impactful sovereign wealth funds in the world, to seek foreign investments in critical projects in the country’s oil and gas sector, particularly the Ajaokuta-Kaduna-Kano gas Pipeline – the 614 km-long natural gas pipeline currently being developed by the Nigerian National Petroleum Corporation.
“Nigerian officials will see also take advantage of the summit to accelerate discussions on the planned interest of the Saudi oil company, Aramco, to revamp Nigeria’s refineries and new investments in the oil and gas sector.”
Meanwhile, President Muhammadu Buhari has urged Governor Ahmadu Fintiri of Adamawa State to set good leadership standards for young politicians as he turned 52.
This was contained in a statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in Abuja, yesterday.
“I am proud to say that you have started off well. You should therefore not rest on your oars until the people feel the impact of good governance.