Saudi-Nigeria Trade Volume Hits $600m

By Zekeri Idakwo

The trade volume between Saudi Arabia and Nigeria has hit a record high of more than $600m in recent times.

This was made known when the Royal Embassy of Saudi Arabia in Abuja celebrated the country’s 93rd National Day of its Ambassador’s Residence.

The ceremony was attended by government officials, heads of diplomatic missions and international organisations in Abuja as well as businessmen among others.

In his speech on the occasion, the Ambassador of Saudi Arabia to Nigeria H.E. Faisal bin Ebraheem Alghamdi, highlighted that the Kingdom was celebrating 93 years of unifying parts of the Kingdom by King Abdulaziz bin Abdulrahman Al Saud (May Allah be pleased with him) under one strong entity built on tolerant Islamic creed in which equality and justice prevail as the first fixed-line model in the modern era of the Middle East.

The Kingdom’s Ambassador also described the historic relations between the Kingdom and Nigeria as firm and growing since its inception in 1961.

He also expressed his best wishes to President Bola Ahmed Tinubu and called on Nigerians to support him to succeed.

The Ambassador also disclosed that more than 200,000 Nigerian pilgrims, mu’tamir and tourists visited the Kingdom last year, and the Kingdom has given more than 200 scholarships to Nigerian students to study in different universities in Saudi Arabia.

The Ambassador expressed his appreciation to Nigeria for the support to the Kingdom’s bid to host World Expo 2030 in Riyadh, which coincides with the targeted date of the Saudi Vision 2030.