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Oil Price Stability: President Buhari To Visit Saudi Arabia, Qatar

VacationPresident Muhammadu Buhari will begin a week-long official visit to Saudi Arabia and Qatar on Monday, February 22, for talks with King Salman Bin Abdulaziz Al Saud and senior officials of the Kingdom of Saudi Arabia.

High on the agenda of discussions between President Buhari and the Saudi Monarch, is the ongoing efforts by Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC) to achieve greater stability in the price of crude oil exports.

In a statement on Sunday the spokesperson for the President said that President Buhari would be accompanied by a high-powered Federal Government delegation. The Minister of State (Petroleum) and Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Dr. Ibe Kachikwu will be part of the delegation.

The President will also fly to Riyadyh on Tuesday.

“Crude oil prices and market stability would also be on the front burner when President Buhari goes on to Doha on Saturday for talks with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani,” the statement read.

The President is also scheduled to meet with leading Saudi and Qatari businessmen in Riyadh and Doha, and invite them to support his administration’s efforts to revamp the Nigerian economy by taking advantage of the great investment opportunities currently available in Nigeria’s mining, agriculture, power supply, infrastructure, transportation, communications and other sectors.

President Buhari’s other engagements in Saudi Arabia include meetings with Heads of International Financial Organisations and Multilateral Associations.

Before going on to Doha, the President will also visit Medina and Mecca to pray for greater peace, prosperity and progress in Nigeria.

Source : Link Ctv

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