Nigeria is increasingly seeking to implement a genuine development and diversification of investments for a broader-based economy to spur growth across all sectors.

The country is also harnessing the enormous potential of its oil and gas industry through regulatory reform and foreign direct investments.

As part of that, President Muhammadu Buhari recently led a delegation of ministers, economic advisors and corporate leader Wale Tinubu, in a strategic dialogue with Saudi King, Salman Bin Abdulaziz Al-Saudi in Riyadh, Saudi Arabia.

The meeting centred on oil pricing, issues effecting the global supply glut, and economic opportunities for investments in Nigeria.

According to experts, the discussions are expected to start yielding fruits in the not-too-distant future.