Skip to main content

Wrong perception of corruption and issues with doing business in Nigeria is gone - President Tinubu


Saudi Investment in Nigeria Will Create Job Opportunities, Lifts Millions Out Of Poverty-Dr. Betta Edu



Saudi Trade & Investment Minister, Khalid El-Falid “ we are not coming to Nigeria for exploratory talks but coming for implementation” investment is sure from Saudi Arabia.


Nigeria is open for business, I can assure you. You will get the best return on investment, and our new policies will protect your business. This is your best opportunity to invest in all frontiers! Dr Doris Azuka Minister Of Industries Trade and Investment




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, “the opportunity provided by the Saudi-Africa Summit was in line with the poverty Alleviation and Job creation agenda of President Tinubu.


She explained 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. The King Salman Humanitarian Aid and Relief Centre will also be partnering with Nigeria in these areas.


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.


President Bola Tinubu 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

SA Media and Publicity to HM; MHAPA 

12/11/2023

Comments

Popular posts from this blog

Engr. Jerome Egbe Visits NSCDC Command for Strategic Partnership on Public Utilities

  The Special Adviser to the Governor of Cross River State on Public Utilities, Engr. Dr. Jerome Egbe, KSM, today, October 8, 2025, paid a courtesy visit to the Commander of the Nigeria Security and Civil Defence Corps (NSCDC), Cross River Command, Mr. Brown Charles, in Calabar.  The visit centered on establishing a strategic partnership to protect and secure public utilities across the state from vandals and criminal elements. During the meeting, Engr. Egbe emphasized the importance of safeguarding all critical public infrastructure and ensuring close collaboration between the Ministry of Public Utilities and the NSCDC in achieving the Governor’s vision for a sustainable and secure state. He also inspected the state of the Command’s facilities and sympathized with the personnel over the recent rainstorm that destroyed parts of the roofing, leaving the building flooded and disrupting operations. Engr. Egbe conveyed the administration’s sympathy and reiterated Governor Bassey O...

BREAKING NEWS: Youths of Ikot Ansa Nab Vandals Destroying Public Utilities, Hand Over to Authorities for Prosecution

  In a combined effort to curb the rampant vandalism of public utilities in Cross River State, the youth leader of Ikot Ansa, Prince, Victor Otu Iso JR, alongside his community, successfully apprehended criminals involved in the destruction of vital public infrastructure. The vandals were caught red-handed this morning, 13th day of September 2024, as they attempted to steal Amor cables belonging to state transformers at Ekpo Iso. Acting swiftly, the youth leader invited the Special Adviser on Public Utilities, Engr. Dr. Jerome Egbe KSM, and his counterpart on General Duties, Barr. Ekpenyong Akiba, to the scene. The Special Advisers arrived promptly, accompanied by operatives of the Nigerian Police Force from the Federal Division, and took custody of the criminals. The suspects have since been transferred to the State Criminal Investigation Department (CID) for further interrogation and prosecution. While addressing the youths of Ikot Ansa, Engr. Dr. Egbe and Barr. Akiba commended t...

Engr. Egbe Commends Governor Otu for Flag-Off of Subsidized Mini Tractors Distribution

  The Special Adviser to the Governor of Cross River State on Public Utilities, Engr. Dr. Jerome Egbe, KSM, has commended the Executive Governor of Cross River State, His Excellency, Senator (Apostle) Prince Bassey Edet Otu, for flagging off the distribution of subsidized mini tractors to farmers’ cooperatives in the state.  The event, which took place today, October 10, 2025, at the premises of the Ministry of Agriculture and Irrigation Development, marks another significant step in the Governor’s agricultural transformation agenda. Engr. Egbe described the initiative as a strategic form of public utility empowerment that will serve as a catalyst for accelerating food production and achieving food sufficiency across the state.  He noted that such interventions demonstrate the Otu-led administration’s commitment to empowering rural farmers, creating employment opportunities, and ensuring food security for all Cross Riverians. He further thanked the Governor for his admini...