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Nigeria, Kingdom of Bahrain Strengthen Ties On Trade, Investment, Oil & Gas

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Nigerian Government and that of Kingdom of Bahrain have agreed to strengthen diplomatic relations between the two countries by facilitating foreign direct investment from Bahrain.

The two countries also agreed to enhance trade and investment opportunities as well as fostering cooperation in the oil and gas sectors, with particular emphasis on onshore projects and the development of the 8th train LNG.

According to a statement signed by the Special Assistant on Media and Communications Strategy to the Minister, Alkasim Abdulkadir and made available to Channel Network Afrique, CNA, the bilateral ties was part of gain of the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar’s, visit to Manama, the Kingdom of Bahrain.

The statement said while in the Kingdom the Minister engaged in bilateral discussions with his Bahraini counterpart, Dr. Abdullatif bin Rashid Al Zayani with a view to strengthening diplomatic relations, facilitating foreign direct investment from Bahrain, enhance trade and investment opportunities, as well as foster cooperation in the oil and gas sectors, with particular emphasis on onshore projects and the development of the 8th train LNG.

The Minister also deliberated on the training of Nigerian diplomats and collaboration within multilateral forums.

“Both ministers signed a Joint Communiqué, officially establishing diplomatic relations between the Federal Republic of Nigeria and the Kingdom of Bahrain.

“This agreement marks a significant milestone in fostering closer ties and mutual cooperation between the two nations.

“This development aligns with Bahrain’s ongoing efforts to strengthen international partnerships,” the statement said.

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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