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Presidency Lists Gains Of Buhari’s Foreign Trips

President Muhammadu Buhari on Saturday departed Makkah for United Kingdom after he successfully performed the Lesser Hajj.
Buhari would be in London for a private visit and will return to Nigeria on November 17
According to his spokesman, Garba Shehu, who highlighted the takeaways from the President’s foreign trips in an article, yesterday, Buhari expressed a strong determination to use agriculture and ICT as vehicles to attain the target of lifting 100 million Nigerians out of poverty in the next 10 years.
Shehu Garba’s article said, “President Muhammadu Buhari’s four-day visit to the Kingdom of Saudi Arabia came to an end on Saturday. The President participated in the Future Investment Initiative, which was christened ‘Davos in the Desert’.
“Apart from attending the summit, which had a debating format for global leaders, investors and innovators to compare notes and share ideas, President Buhari held extensive talks with the Kingdom’s rulers, King Salman bin Abdulaziz and his son, the powerful Crown Prince Mohammed bin Salman (MBS). The Presidents meetings with the two prominent rulers marked an important upswing in relations between Nigeria and the Kingdom of Saudi Arabia.
“As part of his engagements at the FII, President Buhari joined Presidents Mahamadou Issoufou of Niger Republic and Uhuru Kenyatta of Kenya in a plenary session to discuss the topic: ‘‘What’s Next for Africa? How will Investment and Trade Transform the Continent into the Next Great Economic Success Story?’’.
In his arguments, Buhari said the vigorous implementation of key reforms by his administration in oil and gas, farming and agriculture as well as the country’s vast human resources, made mostly of “young men, women and able-bodied persons” and the country’s rich land and mineral resources eminently positions her for substantial capital inflows. He said the economy holds great promise of win-win for investors.
“On the sidelines of the conference, Buhari held strategic meetings with the leadership of Saudi Oil and Gas group, the country’s Sovereign Wealth Fund and Public Investment Fund (PIF). On the directive of the King, who had a meeting with the Nigerian leader to discuss friendly and strategic relations between both countries, the world’s largest oil operating company, ARAMCO came to ask the President and his team a simple question: “What can we do for you?’’
“In response, Buhari requested ARAMCO to visit Nigeria and carry out a diagnostic assessment of the Nigeria National Petroleum Corporation’s (NNPC) refineries, pipelines and other infrastructure. He wanted ARAMCO to deploy its technical expertise “to improve the efficiency of the oil and gas industry in Nigeria.”
The company’s Chairman, Yassir Al-Rumayyan, who doubles as the head of the PIF, expressed the company’s determination to promote business investment through the use of modern technology across the energy sector in Nigeria. For those who know, the head of the Saudi PIF has the capacity to invest five billion dollars in a country within a month.
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