Connect with us

Latest News

Saudi Crown Prince and Tinubu Discuss $5 Billion Trade Deal, Strengthen Ties

Published

on

Saudi Arabia’s Crown Prince and Prime Minister, Mohammed bin Salman, has lauded President Bola Tinubu for his economic reforms and highlighted potential areas for collaboration between Nigeria and Saudi Arabia. The praise came during their discussions at the Joint Arab-Islamic Summit held in Riyadh.....KINDLY READ THE FULL STORY HERE▶

In a statement released on Tuesday, Bayo Onanuga, Tinubu’s special adviser on information and strategy, revealed that the two leaders explored opportunities for cooperation in sectors like oil and gas, agriculture, and infrastructure. They also discussed the establishment of the Saudi-Nigeria Business Council to further enhance economic ties.

Nigeria is in negotiations with Saudi Arabia for a proposed $5 billion bilateral trade facility, which could greatly boost trade between the two nations.

The statement also noted that the Saudi Agricultural and Livestock Investment Company (SALIC) had invested $1.24 billion in 2022 to acquire a 35.43% stake in Nigeria’s Olam Agri, and talks are underway for SALIC to increase its stake. This investment is expected to position Olam as one of the largest agro-allied companies globally.

The Crown Prince praised Tinubu’s economic reforms, recognizing similarities to the steps he took in Saudi Arabia to bolster the nation’s stability and development upon becoming Prime Minister. He also assured Nigeria of his support and promised to encourage his team to drive the initiatives discussed during their meeting.

Additionally, the summit renewed the commitment of Nigeria and other member states to the Joint Arab-Islamic Ministerial Committee’s efforts to address the ongoing conflicts in Gaza and Lebanon. The Committee, led by Saudi Arabia, has been tasked with engaging global leaders to bring an end to the wars in these regions. The resolution also emphasized the protection of sea lanes under international law and reaffirmed support for the Palestinian cause.

The meeting was attended by key Saudi officials, including Abdullah Abdulaziz, Minister of National Guard, and Khalid Abdulaziz, Minister of Defence.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

‘Kwankwaso Is More Experienced Than Peter Obi’ – Buhari’s Ex-Aide Declares.

Published

on

Ahmad made the assertion in a post on his X handle, maintaining that Kwankwaso’s decision to accept the position of running mate should be seen as an act of political modesty rather than an indication that he is less qualified than Obi.....KINDLY READ THE FULL STORY HERE▶

According to the former presidential aide, the relationship between the two politicians should be viewed as one of equals rather than that of a superior and a subordinate.

“To be entirely candid, the political dynamic between Rabiu Kwankwaso and Peter Obi ought to be characterised as one of collegiality between peers, rather than a hierarchy of principal and subordinate,” he wrote.

He added, “The choice to assume a deputy role beneath Obi ought to be interpreted as a testament to political modesty.”

Making a case for Kwankwaso’s political experience, Ahmad recalled that the former Kano State governor served as Deputy Speaker of the House of Representatives before Obi became a prominent figure in national politics.

He also noted that Kwankwaso governed Kano State, which he described as Nigeria’s most populous and politically influential state, for two terms and served as a federal minister.

“If we are assessing political experience, Sen. Kwankwaso probably has a longer and more impressive political background than Peter Obi,” Ahmad stated.

In contrast, the former presidential aide argued that Obi’s major public office experience was limited to his tenure as governor of Anambra State.

“Unlike other candidates, Peter Obi was just a former governor of Anambra State,” he wrote.

Continue Reading

Latest News

‘I Have Stopped Impregnating Women’ – 2Baba Makes Shocking Revelation.

Published

on

Nigerian music star Innocent Idibia, popularly known as 2Baba, has declared that he no longer impregnates women.....KINDLY READ THE FULL STORY HERE▶

The singer made the statement on Saturday during a live performance at Rehab Lounge in Calgary, Canada.

While performing his hit song True Love, 2Baba paused to interact with the audience and playfully asked the women present to identify where his true love was.

He jokingly wondered whether she was standing at the back of the venue or somewhere in front of him before making a remark about his experiences with women.

The award-winning musician told the audience that he had stopped getting women pregnant, adding that he had been making the same confession wherever he performed recently.

He said, “For the purpose of this show, I will pretend like I’ve never seen anything before. Where’s my true love? Is she back there? Is she right here? Is she somewhere here? Where’s my true love? You people shouldn’t put out me for trouble.

“As I said, some ladies they fear to shout. See, everywhere I go these days, I make this confession. As I say, some ladies they fear to shout. I say, I don’t fear to shout. Because I don’t stop to dey give woman belle. Ask anyone, they’ll tell you, I don’t do such thing things again.”

The singer’s comment comes amid public interest in his personal life and relationships.

2Baba was previously married to Nollywood actress Annie Macaulay-Idibia. The couple announced their separation in January 2025 after having two children together.

Continue Reading

Latest News

NPFL Cracks Down! Abia Warriors, Katsina United, Warri Wolves Hit With Sanctions.

Published

on

Abia Warriors were fined ₦3.2 million for failing to provide adequate security as agreed during the pre-match technical meeting ahead of their encounter with Niger Tornadoes.....KINDLY READ THE FULL STORY HERE▶

Abia Warriors were fined ₦3.2 million for failing to provide adequate security as agreed during the pre-match technical meeting ahead of their encounter with Niger Tornadoes.

The Umuahia-based club was also found guilty of an attempt by one of its officials to disrupt the live broadcast of the match by harassing a crew member of the league’s broadcast partner.

As part of the disciplinary measures, Abia Warriors’ multimedia officer, Chidera Favour Igwe, has been suspended from all NPFL match activities for five matches.

Katsina United, meanwhile, were fined ₦2 million for failing to provide adequate and effective security during their home fixture against Plateau United.

The club was also sanctioned for allowing supporters to encroach onto the field of play during the encounter.

Warri Wolves Receive Heaviest Punishment

Warri Wolves have been handed the most severe sanctions following the unruly behaviour of their supporters during Sunday’s Matchday 10 clash against Kano Pillars in Ozoro.

The Seasiders were fined ₦4.2 million and docked three points and three goals from their accumulated tally. The club was also ordered to play its next three home matches behind closed doors.

According to the NPFL, Warri Wolves failed to provide adequate security at the stadium, resulting in an assault on match officials after the final whistle.

The league further disclosed that the second assistant referee sustained a nose injury and was left bleeding during the incident.

The NPFL stated that all three clubs have 48 hours from the date of notification to appeal their respective sanctions in accordance with the league’s disciplinary procedures.

Continue Reading

Trending