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Tinubu to woo Arab Investors at Saudi-Africa Summit in Riyadh

President Bola Tinubu is to attend the Saudi-Africa summit and the Arab African summit scheduled for Riyadh, Saudi Arabia, on Nov.10 and Nov.11, 2023.

Presidential Spokesman, Ajuri Ngelale told State House Correspondents on Sunday that Tinubu’s appearance at the summits would marks fresh moves to engage Arab nations to attract businesses and attract foreign direct investments to Nigeria.

“Obviously, President Tinubu is very keen on ensuring that the Federal Republic of Nigeria within the context of the continent is in a position to maximally leverage on opportunities that will be afforded by the implementation of the African continental Free Trade Agreement, where we will be having a single trade market of over one billion Africans.

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“The expectations according to the United Nations Economic Commission for Africa is that by the year 2050, our market here on the continent would have surpassed $29 trillion,” he said.

 

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