Nigeria woos Saudi investors, says economy ripe for business, tourism partnerships

By Joseph Erunke, Abuja
The Federal Government on Tuesday stepped up efforts to attract fresh foreign investment, declaring that Nigeria is now fully open for business as it seeks to deepen economic, trade and tourism ties with the Kingdom of Saudi Arabia.
Speaking at the Nigeria–Saudi Diaspora Investment and Tourism Exhibition Summit 2026 in Abuja, the Minister of Information and National Orientation, Mohammed Idris, said the sweeping economic reforms being implemented under President Bola Ahmed Tinubu’s Renewed Hope Agenda have positioned Nigeria as one of Africa’s most attractive investment destinations.
Idris said the administration’s policies are creating a more competitive and...