Riyadh FII Summit: Buhari begins productive engagements, to underscore Nigeria as next investment destination

Abuja, Oct. 29, 2019

President Muhammadu Buhari on Tuesday commenced his official engagements at the third session of the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, the President’s spokesman, Malam Garba Shehu has disclosed.

According to a statement by the presidential aide in Abuja, President Buhari, during the engagements, will underscore that Nigeria is open for business and progressively becoming the next investment destination of choice in Africa.

He stated that the President would participate in a plenary session on Wednesday in which President Mahamadou Issoufou of Niger, President Uhuru Kenyatta of Kenya and President Denis Sassou-Nguesso of Congo-Brazzaville would discuss ‘‘What’s next for Africa?

He further disclosed that the African leaders would also discuss; ”How will investment and trade transform the continent into the next great economic success story?’’

”The session, at the annual investment forum to discuss trends in the world economy and investment environment, will provide an opportunity for the Nigerian leader to highlight the importance of public and private organisations to work together to grow economies that create a prosperous society for all.

”He will also discuss what his government is doing to ensure that majority of Nigerian citizens have an acceptable standard of living,” Shehu further revealed.

Shehu said President Buhari had on Tuesday attended a session in which His Majesty, King Abdullah II of Jordan and Prime Minister Narendra Modi of India delivered a special address.

According to him, the third annual conference is being attended by world leaders, as well as business leaders, innovators and policymakers from the Americas, Asia, Europe, Africa, and the Middle East.