Saraki, Saudi envoy seek closer economic ties

Senate President, Dr. Abubakar Bukola Saraki and the Ambassador of Saudi Arabia to Nigeria, Fahad Sefyan, have pledged to work towards deepening the economic ties between both countries.

Saraki and Sefyan disclosed this when the Ambassador visited the Senate President in his office at the National Assembly Complex, Abuja.

The Senate President while welcoming the envoy, noted the existing “very good relationship” between Nigeria and the Kingdom of Saudi Arabia”.

He said the existing cordial relationship is being strengthened by Nigeria whose citizens yearly embark on business and religious trips to the Middle East country. “This is based on culture, religion and many things and I think we want to continue building on that relationship. We continue to treasure this beneficial exchange. What remains is for us to have robust, thriving mutually beneficial business and investment-related exchange,” he said.

Read also: Saraki promises transparent legislature

He said that the desire to improve on the relationship has become necessary in view of the election of President Muhammadu Buhari and emergence of King Salman bin Abdulaziz Al Saud as leaders of Nigeria and Saudi Arabia respectively.

Saraki listed oil and gas, infrastructure development and agriculture as areas of the Nigerian economy where Saudi Arabia investors can take advantage of.

Sefyan said he was in Nigeria to further enhance the relationship between both countries and that the Nigerian government and people can count on Saudi Arabia to partner with them in rebuilding the economy of the country.

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