Pecohub The trade volume between Nigeria and Saudi Arabia has exceeded $600 million.
Saudi Arabia’s Charge d’Affaires, Mr. Saad Fahad Almarri, yesterday said that Saudi Arabia and Nigeria were strengthening partnerships in trade as shown by the rising bilateral trades between the countries, which currently stand above $600 million.
He said the countries were also working together to combat drug trafficking while hundreds of Nigerian students have benefited from scholarships offered by Saudi institutions.
Almarri spoke during the Kingdom’s 95th National Day, reaffirming its commitment to strengthening bilateral relations with Nigeria.
According to him, the commemoration not only marked nearly a century since King Abdulaziz bin Abdulrahman Al Saud unified the Kingdom but also reflected on the nation’s steady journey of growth and development.
Almarri highlighted Saudi Arabia’s pursuit of its Vision 2030 agenda, which aims to build a vibrant society, a thriving economy, and a dynamic nation.
He noted that ties between Saudi Arabia and Nigeria continue to expand across several sectors, including trade, education, and joint efforts in tackling drug trafficking.
The envoy also conveyed the Kingdom’s gratitude to Nigeria’s government and people for their longstanding partnership, stressing both nations’ shared determination to broaden cooperation and integration.
Almarri further pointed to Riyadh’s successful bid to host Expo 2030 under the theme “Foresight for Tomorrow,” describing it as evidence of Saudi Arabia’s growing international influence and capacity to stage major global events.
The celebration drew senior government officials, heads of diplomatic missions, representatives of international organizations, and business leaders.
Nsibidi Institute’s inaugural festival begins (brief, at bottom)
Nsibidi Institute, a Lagos-based research and cultural organisation, is hosting a three-day festival of symposium, exhibition and film screening to showcase the dynamic trends of the Nigerian creative industry.
The 2025 inaugural festival on Nigerian popular culture, with the theme: “The Past in the Present Around us, a retrospective celebration of Nigerian Popular Culture,” begins today and will end on in September 28, 2025. The fair is taking place at Quintessence, 285, Akin Olugbade Street, Victoria Island, Lagos, starting from noon.
Director, Nsibidi Institute, Mr. Ed Keazor said participants would partake in a symposium, exhibition, film screening and photo exhibition among others.
He said: “The festival looks to explore the strong affinities between Nigerian contemporary and historical popular cultures, the objective is to demonstrate the vibrant continuity of our social history. We shall explore this through film, photo and art exhibitions, performance and interactive conversations”.
