Wed. Feb 26th, 2020

President Buhari to Depart Abuja for Riyadh

Barely four days after he jets down Nigeria from Sochi, Russia where he attended the African-Russia summit, president Mohammadu Buhari is set to travel to Riyadh, Saudi Arabia to participate in the 3rd edition of the Future Investment Initiative (FII) conference.

The Future Investment Initiative (FII) is an annual investment forum held in Riyadh, Saudi Arabia, to discuss trends in the world economy and investment environment. It is hosted by the Public Investment Fund of Saudi Arabia (PIF). Topics of discussion are focused on economy, investment, trade, technology and infrastructure.

The 1st edition was in October 2017, 2nd edition 23-25 October 2018 and this year’s 3rd edition is to run from 29-31 October.

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 President will be accompanied by Governor Babagana Zulum of Borno State, Governor Abubakar Bagudu of Kebbi State and Governor Aminu Bello Masari of Katsina State.

Also on the entourage are, Minister of State, Foreign Affairs, Zubairu Dada, Minister of Industry, Trade and Investment, Niyi Adebayo, Minister of State, Petroleum Resources, Timipre Sylva, Minister of Communications, Ibrahim Pantami, the National Security Adviser, Major General Babagana Monguno (rtd), Director-General, National Intelligence Agency, Ambassador Ahmed Rufa’i Abubakar, and the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari.

After the conference, the President plans to embark on a journey to Mecca, located in Hejazi region of Saudi Arabia to perform the Umrah, a lesser pilgrimage. Shortly after which he will return to Abuja, Nigeria on November 1.

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