Nigeria’s Central Bank Governor, Olayemi Cardoso, says the bank is poised to boosting economic cooperation between Nigeria and the Kingdom of Saudi Arabia.
Cardoso’s remark was contained in a statement issued by the apex bank on Sunday, following a courtesy visit to the CBN headquarters by the Saudi Arabian Ambassador to Nigeria, Faisal bin Ibrahim Alghamdi.
The CBN Governor said the economic cooperation with the gulf m=nation, will be across key sectors that will ‘yield tangible benefits” for the two countries.
“The Central Bank of Nigeria remains committed to advancing partnerships that will deepen economic ties between Nigeria and Saudi Arabia. We will continue to explore opportunities that yield tangible benefits for both countries,” the apec Governor said.
He commended the Saudi government for its hospitality during the recently concluded AIUla event, hosted by the Saudi Ministry of Finance in collaboration with the International Monetary Fund Regional Office in Riyadh.
In his remarks, Alghamdi expressed appreciation for the warm reception and reaffirmed Saudi Arabia’s interest in expanding bilateral cooperation with Nigeria. He said the Kingdom was keen to collaborate with Nigeria in strategic sectors, including renewable energy, agriculture, and water connectivity.
“We are eager to strengthen our relationship with Nigeria and explore mutually beneficial opportunities that will contribute to the prosperity of both nations,” Alghamdi was quoted in the statement.
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