Saudi Arabia Investments in Nigeria Remains Low

Governor Aminu Waziri Tambuwal of Sokoto has lamented the low level of investments of Saudi Arabian businessmen in the state and Nigeria.

The governor speaking at the weekend in Sokoto when the Consul-General of the Royal Consulate-General of Saudi Arabia, Majed bn. Mohammad Al-Qhatani, paid him a courtesy visit, said: “The Saudi Arabian businessmen were rather going to countries like Ghana, Burkina Faso and other African nations.”

“Sokoto state and Nigeria badly need such investments from the Saudi business moguls. They should come to Nigeria and the state in particular and establish full value chain agro-allied firms. These companies can process food products and export same to their nation and other parts of the world.’’

Tambuwal further called for the purchase of sacrificial animals by the Saudi government during the annual hajj exercise.

The governor lauded the Saudi government for annually awarding scholarship grants to indigenes of the state to study in its Universities.

He further commended the Consul-General for the provision of speedy consular services for main hajj and the lesser hajj exercises.

“A high -powered delegation from the state will soon visit Saudi Arabia.Part of the discussions will be the increment of the scholarship slots to the indigenes of the state.

‘’They will also centre on increasing the slots of the participants of the annual Long Vocation Islamic Education Course organized by Saudi Arabia,’’ he stated.

Tambuwal promised to work tirelessly to boost the existing cordial relations between Saudi Arabia, Sokoto state and Nigeria. Mohammed had earlier congratulated Nigerians on the occasion of the country’s 56th Independence anniversary.