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Riyadh Summit: Edu Express Optimism That Saudi Investment Would Create Jobs for Nigeria

By Joyce Remi-Babayeju

Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu has expressed optimism that
Saudi Investment in Nigeria will provide job opportunities and life millions of vulnerable Nigerians out of poverty.

Edu said this at the Ssudi- Africa Investment Summit in Riyadh, Saudi Arabia.

Edu who joined the Presidential delegation to Saudi Arabia said Nigeria was poised to end multi-dimensional poverty by the year 2030 through the Renewed Hope 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 Summit also discussed other key sectors like agriculture, solid minerals mining, and finance.

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