NewsTinubu Departs Guinea-Bissau After Attending 50th Independence Anniversary, Saudi-Africa Summit In Riyadh

Tinubu Departs Guinea-Bissau After Attending 50th Independence Anniversary, Saudi-Africa Summit In Riyadh

November 16, (THEWILL) – President Bola Tinubu, on Thursday afternoon, departed Guinea-Bissau after attending the 50th independence day commemoration of the country.

The President on Thursday, joined other Heads of State and Government in Bissau, to celebrate the country’s Independence Anniversary and Armed Forces Day.

President Tinubu had departed Abuja on Thursday, November 9, for Riyadh, to attend the Saudi-Africa Summit in Saudi Arabia.

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While in Saudi, Tinubu, who underscored Nigeria’s commitment to attracting more Foreign Direct Investment and expanding business partnerships, assured potential investors that their investments are safe in Nigeria.

The President on Saturday, assured the Business community in Saudi Arabia that all bottlenecks hindering the survival of the Nigerian economy as regards ease of doing business, monetary policy and trade cooperation, are no longer there.

Speaking during the Nigeria-Saudi Investment Roundtable on Saturday, after the Saudi-Africa Summit in Riyahd, President Tinubu declared that Nigeria is now open for business, reassuring the captains of Saudi Arabian Industry that with his team, Nigeria is successfully implementing viable economic policies redirecting the economy of the country.

The President, on Monday night, advanced negotiations concerning a multi-billion dollar infrastructure finance facility from the Islamic Development Bank, to fund a multi-sectoral portfolio of infrastructure projects at the federal and sub-national levels in Nigeria.

The development was the outcome of substantive investment discussions held with the Vice-President (Country Programs) of the Islamic Development Bank, Dr Mansur Muhtar.

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