Saudi Investment in Nigeria Will Create Job Opportunities, Lifts Millions Out of Poverty- Bett Edu

The renewed interest of the Saudi government and its Investors to invest in Nigeria and provide job opportunities that could lift millions of vulnerable Nigerians out of Poverty has been described as a welcome development and a huge achievement of President Bola Ahmed Tinubu’s Renewed Hope drive.

Nigeria’s Minister for Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu stated this on the sidelines of the Saudi-Africa Investment Summit in Riyadh.

Edu who was part of the President’s delegation to Saudi Arabia said Nigeria was poised to end multi-dimensional poverty by the year 2030, she explained “The opportunity provided by the Saudi-Africa Summit was in line with the poverty Alleviation and Job creation agenda of President Tinubu.

She noted that President Bola Ahmed Tinubu’s determination to reduce humanitarian crises and poverty challenges in Nigeria was beginning to receive global acceptability, with the latest being the Kingdom of Saudi Arabia.

She said the latest deal from Saudi Government to the Ministry was the King Salman Humanitarian Aid and Relief Centre which has promised to partner with Nigeria in Humanitarian and poverty alleviation cluster of the federal government.

President Bola Ahmed Tinubu attended the Saudi-Africa Summit and had bilateral meetings with the Crown Prince of Saudi Arabia, Mohammed bin Salman, and other key investors. He attracted a lot of investment to Nigeria, including investment to revamp our local refineries.

The President had assured potential investors that their investments are safe in Nigeria, saying Nigeria is ready for business while assuring investors of some of the world’s highest returns on their investments. He said Nigeria and Saudi Arabia have always enjoyed a special relationship for over 60 years.

The Humanitarian and Poverty Alleviation Minister was among the top federal government delegations that attended the functions. Other key sectors of interest were agriculture, solid minerals mining, finance, etc.

Rasheed Olanrewaju Zubair(ANIPR),
Special Adviser on Media and Publicity to Honourable Minister, MHAPA
12/11/2023