President Bola Tinubu will travel to Riyadh, Saudi Arabia this week to participate in two major summits that aim to boost trade and investment between Africa and the Arab world.
The Saudi-Africa summit, which will take place on November 10, will address various issues of common interest, such as counterterrorism, the environment, agriculture, and economic ties.
The President hopes to leverage the opportunities offered by the African continental Free Trade Agreement, which will create a single market of over 1 billion Africans by 2050.
The Arab-African summit, which will take place on November 11, will foster integration between the League of Arab nations and the African Union. President Tinubu, who is the chairman of the ECOWAS Authority of Heads of Government, will seek to promote cooperation in terms of infrastructure, facilitation, and the establishment of a new high speed train network that will connect the Arab nations from the Middle East and Northern Africa to the rest of the continent.
President Tinubu’s spokesperson, Ajuri Ngelale, assured the Nigerian people that the president will do everything he can to reinvigorate the Nigerian economy through his leading role in these two important summits.