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Olugbemi. Adeyinka Ogunleye
1 month ago
Overview
Saudi trip yields investments, jobs for Nigerians – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that Nigeria’s recent economic diplomacy efforts in Saudi Arabia have already started yielding tangible benefits, including investments, foreign exchange inflows, and job creation for Nigerians. Edun spoke on Sunday with journalists after a briefing meeting with President Bola Ahmed Tinubu by the Nigerian government team that recently visited Saudi Arabia on follow up mission.
“What we have brought back is investment. What we have brought back is foreign exchange. What we have brought back is jobs for Nigerians,” Edun said. Edun led a high-level delegation to Saudi Arabia to follow up on President Tinubu’s earlier engagements with Saudi Crown Prince, Mohammed bin Salman. These efforts, he explained, are part of the administration’s broader strategy to attract foreign direct investment, trade partnerships, and financial collaborations. Highlighting a key achievement, Edun referenced the Saudi Agricultural Livestock Investment Company’s (SALIC) recent $1.2 billion investment in Olam Agri, which he described as a testament to the President’s reforms and the stabilization of Nigeria’s macroeconomic environment.
More: https://thenationonlineng.net/saudi-trip-yields-investments-jobs-for-nigerians-edun/
