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Sunday, 21 February 2016

Oil price tops agenda as Buhari visits Saudi Arabia, Qatar

Buhari from egypt
• President to pray for Nigeria in Mecca

ONGOING efforts by Nigeria and other mem­bers of the Organisation of Petroleum Export­ing Countries (OPEC) to achieve stability in the fluctuating price of crude oil exports are ex­pected to top the agenda of discussions as Presi­dent Muhammadu Bu­hari begins a week-long official visit to Saudi Arabia and Qatar today, the Presidency has said.

His Special Adviser on Media and Publicity, Femi Adesina , said in a statement, the president will be accompanied by a high-powered Federal Government delegation, including the Minister of State (Petroleum) and Group Managing Director of the Nige­rian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu.
The president will first fly to Riyadyh for talks tomorrow with King Salman Bin Abdu­laziz Al Saud and senior officials of the Kingdom of Saudi Arabia.

“Crude oil prices and market stability will also be on the front burner when President Buhari goes to Doha on Saturday for talks on Sunday with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani,” Adesina said.
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 economy by taking ad­vantage of the great in­vestment opportunities currently available in Nigeria’s mining, agri­culture, power supply, infrastructure, transpor­tation, communications and other sectors.

Buhari’s other en­gagements in Saudi Arabia include meet­ings with heads of in­ternational financial organisations and multi­lateral associations.

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

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