Buhari Leaves For Saudi Arabia, Qatar Monday, For Stability In Crude Oil Price

Posted by African Examiner Featured, Latest Headlines, News Sunday, February 21st, 2016

President Muhammadu Buhari is billed to begin a week-long official visit to Saudi Arabia and Qatar tomorrow, Monday, February 22, 2016, for talks on stability of crude oil price.
Mr. President who will be accompanied the Minister of State (Petroleum) and Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Dr. Ibe Kachikwu and other key Federal Government (FG) delegates will first fly to Riyadyh for talks Tuesday with King Salman Bin Abdulaziz Al Saud and senior officials of the Kingdom of Saudi Arabia.
In a statement issued Sunday his SA on Media and Publicity, Mr Femi Adeshina, “ongoing efforts by Nigeria and other members of the Organization of Petroleum Exporting Countries (OPEC) to achieve greater stability in the price of crude oil exports are expected to be high on the agenda of discussions between President Buhari and the Saudi Monarch”.
Crude oil prices and market stability will also be on the front burner when President Buhari goes on to Doha Saturday for talks on Sunday with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

However, before going on to Doha, Mr. President will visit Medina and Mecca to pray for peace, prosperity and progress in Nigeria.

The President is also scheduled to meet with the leading Saudi and Qatari businessmen in Riyadh and Doha; 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.
HIs other engagements in Saudi Arabia include meetings with heads of international financial organizations and multilateral associations.