Nigeria Seeks $5 Billion Trade Facility From Saudi Arabia
- The Gulf nation supports Nigeria’s reforms, presidency says
- Nations are exploring potential areas for cooperation
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Nigeria is seeking a $5 billion trade facility from Saudi Arabia to shore up capital for its economic reform program.
The West African nation wants a deal with the Saudi government on the facility, Nigeria’s presidency said in a statement Tuesday after President Bola Tinubu met Crown Prince Mohammed bin Salman in Riyadh on the sidelines of the joint Arab-Islamic Summit. No further details were given.