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Nigeria, Bahrain work at improving economic ties

Sunrise by Sunrise
February 9, 2025
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Nigeria, Bahrain work at improving economic ties
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Nigeria and Bahrain have engaged in bilateral discussions aimed at facilitating foreign direct investment, enhancing trade and investment opportunities, and equally fostering cooperation in the oil and gas sectors.

A statement on Sunday by the spokesman of the minister of foreign affairs, Alkasim AbdulKadir said his boss, Ambassador Yusuf Tuggar, has visited Manama, the Kingdom of Bahrain, and while in the Kingdom engaged in bilateral discussions with his Bahraini counterpart, Dr. Abdullatif bin Rashid Al Zayani.

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He revealed that the meeting focused on strengthening diplomatic relations, facilitating foreign direct investment from Bahrain, enhancing trade and investment opportunities, and fostering cooperation in the oil and gas sectors, with particular emphasis on onshore projects and the development of the 8th train LNG.

He said the ministers also deliberated on the training of Nigerian diplomats and collaboration within multilateral forums.

He disclosed that both ministers signed a Joint Communiqué, officially establishing diplomatic relations between the Federal Republic of Nigeria and the Kingdom of Bahrain, noting that this agreement marks a significant milestone in fostering closer ties and mutual cooperation between the two nations.

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He said this development aligns with Bahrain’s ongoing efforts to strengthen international partnerships, stating that recently Dr. Abdullatif bin Rashid Al Zayani chaired the third meeting of the national committee for monitoring the implementation of the outcomes of the Bahrain Summit Initiatives, underscoring the kingdom’s commitment to global collaboration.

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