Nigeria, Saudi Arabia Determined to Achieve Stable Oil Price

Nigeria and the Kingdom of Saudi Arabia (KSA) have expressed commitment to a stable oil market and a rebound of oil price. This resolve formed the crux of discussion yesterday between President Muhammadu Buhari and King Salman Bin Abdulaziz Al Saud in the second day of the President’s state visit to the Kingdom.

Both leaders also agreed that terrorism posed a common threat to their states and would require close co-operation to prevail over the threats.

President Buhari, who commented on the invitation to join the Coalition of Islamic States against terror spearheaded by the Saudi government, described the initiative as apt and expressed confidence that Nigerian government would fully support the coalition.

 “Even if we are not a part of it, we support you. I must thank the Kingdom of Saudi Arabia for the recent creation of a coalition to address the menace of international terrorism. Nigeria will support your efforts in keeping peace and stopping the spread of terror in your region.

“This is in consonance with our own commitment and on-going efforts in seeking to stamp out Boko Haram terrorists from the West African sub-region and Lake Chad Basin Commission (LCBC).”

He, therefore, thanked the Saudi government for its continuing support to Nigeria in the fight against terrorism.