Nigeria and the Kingdom of Saudi Arabia, (KSA) have expressed commitment to a stable oil market and a rebound of oil price. This resolve formed the crux of discussion on Tuesday between President Muhammadu Buhari and King Salman Bin Abdulaziz Al Saud, on the second day of the President’s state visit to the Kingdom.
The President arrived at the Royal Terminal of King Abdel International Airport, Riyadh on Monday And was received by a high-power Saudi government delegation led by the Governor of Riyadh, Prince Faisal Bin Abdulaziz Al-Saud.
At an elaborate bilateral meeting between the two countries in Riyadh hosted by the monarch, the two leaders were united on the fact that their two economies are tied to oil and that all could not be well with both countries when then the world oil market is unstable. They, therefore, resolved to commit themselves to doing all that was possible to stabilize the market and rebound the oil price.
The two leaders who engaged in extensive discussions on regional and global issues also agreed that terrorism posed a common threat to their states and would require close cooperation to prevail over the threats.
Source: The Guardian
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