Nigeria Fortifies Economic Partnership with Saudi Arabia as Dr Uzoka-Anite Leads Delegation to Money 20/20 Conference
In its renewed determination to reposition the nation’s economy and attract Foreign Direct Investors, the Federal Government has expressed its willingness to strengthen its economic ties with the international community.
The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite stated this in her keynote address titled: *GCC-Nigeria Partnership – Shaping New Growth Pathways* at the Money20/20 Middle East Conference in Saudi Arabia.
According to Mohammed Manga, the Ministry’s Director of Information and Public Relations, she noted that Nigeria’s participation has provided an opportunity to showcase the country’s fintech and investment opportunities, attract foreign direct investors, and promote economic cooperation.
Dr. Uzoka-Anite said that *under the leadership of President Bola Ahmed Tinubu, Nigeria is building a rules-based financial system that enables innovation while safeguarding stability.* She added that *our engagements in Riyadh advanced concrete partnerships across capital markets, trade, and technology*
During the conference, the Minister participated in a fireside chat on balancing innovation with financial stability and held bilateral meetings with senior Saudi officials. These meetings advanced concrete partnerships across capital markets, trade, and technology, with agreements to progress work in areas such as capital markets cooperation and trade and investment facilitation.
The outcomes of this visit underscore the commitment of both nations to deepen economic cooperation and unlock new opportunities for growth and development. With these developments, Nigeria is poised to attract significant foreign investment, leverage cutting-edge technology, and further cement its position as a key player in the global economy.
