President Muhammadu Buhari will depart Abuja on Monday for Riyadh, the Kingdom of Saudi Arabia, to attend the third edition of the Future Investment Initiative (FII).

Malam Garba Shehu, the President’s spokesman who disclosed this in a statement in Abuja on Sunday said that event was organised by Saudi’s Public Investment Fund (PIF).

Shehu said the event themed, `What’s Next for Global Business?’ will hold from Oct. 29 to Oct. 31, and would focus on three key pillars: Sustainable Future, Technology for Good and Advanced Society.

Shehu said the three-day event would be held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia and chaired by Crown Prince Mohammed bin Salman bin Abdulaziz.

The Crown Prince is also the Deputy Premier, Chairman of the Council of Economic and Development Affairs and PIF.

”Given the increased investor confidence in Nigeria’s economy, President Buhari will use the occasion to speak about the economic opportunities that abound in Nigeria, the effectiveness of his administration’s policies to improve the business environment and invite investors to the country.

”It is noteworthy that the total value of capital inflow into Nigeria increased from 12 billion dollars in the first half-year of 2018 to 14 billion dollars for the same period in 2019,” the presidential aide stated.

According to Shehu, the Nigerian delegation will leverage on the resources in Saudi’s PIF, which aims at becoming one of the largest and most impact sovereign wealth funds in the world.

The delegation, he further stated, would seek foreign investments in critical projects in the country’s oil and gas sector, particularly the Ajaokuta-Kaduna-Kano (AKK) gas Pipeline – the 614 km-long natural gas pipeline currently being developed by the Nigerian National Petroleum Corporation.

”Nigerian officials will also take advantage of the summit to accelerate discussions on the planned interest of the Saudi Oil Company, Aramco, to revamp Nigeria’s refineries and new investments in the oil and gas sector,” he said.

According to the organisers, the high-profile conference has proven to be a substantial international platform for expert-led debate among investors, innovators and governments as well as economic leaders, with the power to shape the future of global investment, since it was launched in 2017.

The conference is focused on utilizing investment to drive growth opportunities, enable innovation and disruptive technologies, and address global challenges.

More than 4,000 delegates from over 90 countries are expected to participate in the FII 2019, which will also host 12 workshops on different topics including cities, energy, climate, health, data, mobility, food, travel, sports, shopping and youth.

The President, according to Shehu, will be accompanied by Governors Babagana Zulum of Borno State, Abubakar Bagudu of Kebbi and Aminu Masari of Katsina State.

Also on the entourage are, Minister of State, Foreign Affairs, Zubairu Dada, Minister of Industry, Trade and Investment, Niyi Adebayo, Minister of State, Petroleum Resources, Timipre Sylva and Minister of Communications, Ibrahim Pantami.

Others include the National Security Adviser, Major General Babagana Monguno (rtd), Director-General, National Intelligence Agency, Ambassador Ahmed Rufa’i Abubakar, and the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari.

Shehu stated that, after the investors’ conference in Riyadh, President Buhari would proceed to Makkah, accompanied by close personal aides, to perform the Umrah (lesser pilgrimage) before returning to Abuja.

https://leakers.ng/news/3261-president-buhari-to-depart-abuja-for-fii-saudi-arabia-on-monday/

More; https://leakers.ng/news/3261-president-buhari-to-depart-abuja-for-fii-saudi-arabia-on-monday/

Lalasticlala

chriskosherbal:

those two werey don take am personal (Mr suit and tie)

As long as he is pursing the interest of Nigeria for the progress and development of our great nation he should travel




Wasn't this how they did coup on him
He travelled and there was a coup
History has a habit of repeating itself

Aidejay:
As long as he is pursing the interest of Nigeria for the progress and development of our great nation he should travel




Wasn't this how they did coup on him
He travelled and there was a coup
History has a habit of repeating itself

Who go fit do am coup ? When he dn retire all the senior Army staffs wey get experience in coup matters..

Aidejay:
As long as he is pursing the interest of Nigeria for the progress and development of our great nation he should travel




Wasn't this how they did coup on him
He travelled and there was a coup
History has a habit of repeating itself

No history is repeating anything. Only if human wanna repeat history.

southniyikaye:
those two werey don take am personal (Mr suit and tie)

I tell you

Has he returned from Russia? Or is he still in the air?

Kentura:

Who go fit do am coup ? When he dn retire all the senior Army staffs wey get experience in coup matters..

seriously?......Neva knew
It's just hilarious to remember how they removed him
Bloodless coup.

Rednaxelot:
No history is repeating anything. Only if human wanna repeat history.

so when humans repeat history is that not history repeating itself?

He will get there gradually.

About 250 countries on earth, he must have toured half of it.

With about 3 years left on his tenure he will tour the rest..

That's a great achievement if you ask me

a president and his plane



this buharis is infected with sokugo the wandering disease - but as per president nau, he does his wandering in style!


now we all know how the foreign reserve take deplete finish!

ebuk4real:


Has he returned from Russia? Or is he still in the air?

HE IS STILL IN THE AIR - THE AIRBOY!

This is quite funny , but i believe it's for the interest of the country

Nigerians should cut him some slack abeggi, he's definitely not going because of himself but for the betterment of this nation... This man is gradually setting Nigeria on the right track, we should all be patriotic and support our president.

Seeing this man on the presidential seat makes me believe there's still hope for better future

Dear Nigerians,this is to bring to your notice that our dear and loving Country is on autopilot and hopefully we have a safe landing

this oga na ijala the Traveller

CallMeDrino:
President Muhammadu Buhari will depart Abuja on Monday for Riyadh, the Kingdom of Saudi Arabia, to attend the third edition of the Future Investment Initiative (FII).

Malam Garba Shehu, the President’s spokesman who disclosed this in a statement in Abuja on Sunday said that event was organised by Saudi’s Public Investment Fund (PIF).

Shehu said the event themed, `What’s Next for Global Business?’ will hold from Oct. 29 to Oct. 31, and would focus on three key pillars: Sustainable Future, Technology for Good and Advanced Society.

Shehu said the three-day event would be held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia and chaired by Crown Prince Mohammed bin Salman bin Abdulaziz.

The Crown Prince is also the Deputy Premier, Chairman of the Council of Economic and Development Affairs and PIF.

”Given the increased investor confidence in Nigeria’s economy, President Buhari will use the occasion to speak about the economic opportunities that abound in Nigeria, the effectiveness of his administration’s policies to improve the business environment and invite investors to the country.

”It is noteworthy that the total value of capital inflow into Nigeria increased from 12 billion dollars in the first half-year of 2018 to 14 billion dollars for the same period in 2019,” the presidential aide stated.

According to Shehu, the Nigerian delegation will leverage on the resources in Saudi’s PIF, which aims at becoming one of the largest and most impact sovereign wealth funds in the world.

The delegation, he further stated, would seek foreign investments in critical projects in the country’s oil and gas sector, particularly the Ajaokuta-Kaduna-Kano (AKK) gas Pipeline – the 614 km-long natural gas pipeline currently being developed by the Nigerian National Petroleum Corporation.

”Nigerian officials will also take advantage of the summit to accelerate discussions on the planned interest of the Saudi Oil Company, Aramco, to revamp Nigeria’s refineries and new investments in the oil and gas sector,” he said.

According to the organisers, the high-profile conference has proven to be a substantial international platform for expert-led debate among investors, innovators and governments as well as economic leaders, with the power to shape the future of global investment, since it was launched in 2017.

The conference is focused on utilizing investment to drive growth opportunities, enable innovation and disruptive technologies, and address global challenges.

More than 4,000 delegates from over 90 countries are expected to participate in the FII 2019, which will also host 12 workshops on different topics including cities, energy, climate, health, data, mobility, food, travel, sports, shopping and youth.

The President, according to Shehu, will be accompanied by Governors Babagana Zulum of Borno State, Abubakar Bagudu of Kebbi and Aminu Masari of Katsina State.

Also on the entourage are, Minister of State, Foreign Affairs, Zubairu Dada, Minister of Industry, Trade and Investment, Niyi Adebayo, Minister of State, Petroleum Resources, Timipre Sylva and Minister of Communications, Ibrahim Pantami.

Others include the National Security Adviser, Major General Babagana Monguno (rtd), Director-General, National Intelligence Agency, Ambassador Ahmed Rufa’i Abubakar, and the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari.

Shehu stated that, after the investors’ conference in Riyadh, President Buhari would proceed to Makkah, accompanied by close personal aides, to perform the Umrah (lesser pilgrimage) before returning to Abuja.

https://leakers.ng/news/3261-president-buhari-to-depart-abuja-for-fii-saudi-arabia-on-monday/

Ineffectual globetrotter.

Baba the globetrotter is about to move again. If this country don tire this man, make im talk.

Ajala the President.

But wait guys,if to say Buhari na female I swear he'd have been pregnant.hin ass no deh sit down at a place

This is indeed the last airbender

When the world needed him the most
He disappeared

Akinsoladwayne:
But wait guys,if to say Buhari na female I swear he'd have been pregnant.hin ass no deh sit down at a place

keep shut and stop typing trash kid.
Here is a man that wants the best for you and your family.
Again......

Na dem sabi

emeijeh:


I tell you

Abeg na who be our president cause this one no get our time

President Ajala. Why am I even surprised sef. Him office dey for sky.

Em no get wetin to do nah nah Mamman Daura dey do de work.