A Nigerian delegation, headed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is in Riyadh to enhance economic ties between Nigeria and Saudi Arabia.
According to a statement on the Ministry of Finance’s official X handle, the delegation represents President Bola Tinubu and the Presidential Economic Coordination Council.
It has initiated a series of strategic meetings with key Saudi institutions and government officials to strengthen bilateral cooperation.
During talks with the Saudi Export-Import Bank (Saudi EXIM Bank), the delegation explored mechanisms for export credit and insurance to boost trade and investment opportunities.
The Saudi EXIM Bank expressed its commitment to fostering stronger ties with Nigerian financial institutions and signaled interest in participating in future transactions involving Saudi government entities.
These discussions aim to expand market access and support Nigeria’s trade diversification efforts.
The delegation also engaged with the Saudi Development Fund, a globally recognized financing institution for infrastructure and economic development.
