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Saudi Arabia Crown Prince Pledges Support for Nigeria’s Economic Reforms

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Saudi Arabia’s Crown Prince Mohammed bin Salman has pledged support to Nigeria’s economic reform efforts during a meeting with President Bola Tinubu in Riyadh on Monday.

The meeting, held on the sidelines of the Arab-Islamic Summit, focused on enhancing cooperation between the two countries, particularly in areas such as oil and gas, agriculture, infrastructure, and the establishment of the Saudi-Nigeria Business Council.

A key topic discussed was Nigeria’s proposal for a $5 billion bilateral trade agreement with Saudi Arabia.

In 2022, the Saudi Agricultural and Livestock Investment Company (SALIC) made a significant move by investing $1.24 billion to acquire a 35.43% stake in Olam Agri, one of Nigeria’s top agricultural firms.

Talks are now underway to increase SALIC’s stake in the company, with the hope that this investment will help Olam become one of the world’s largest agro-allied businesses.

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Crown Prince Mohammed praised President Tinubu’s economic reforms, noting that they mirrored his own steps to stabilize and develop Saudi Arabia when he first became Prime Minister.

He assured Nigeria of his continued support and vowed to motivate his team to push forward the various collaborative projects discussed.

Present at the meeting were several key Saudi officials, including the Minister of National Guard, Prince Abdullah bin Bandar bin Abdulaziz, and the Minister of Defense, Prince Khalid bin Salman bin Abdulaziz.

Meanwhile, the Joint Arab-Islamic Summit, which took place in Riyadh on November 11, 2024, reinforced Nigeria’s commitment, along with other member states, to the Ministerial Committee tasked with engaging global leaders to bring an end to the ongoing conflicts in Gaza and Lebanon.

The committee, led by Saudi Arabia, also includes foreign ministers from Nigeria, Egypt, Qatar, Turkey, Indonesia, Palestine, and Jordan.

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The summit’s final resolution called for intensifying efforts to end the violence in Gaza and Lebanon.

It emphasized the importance of international cooperation to support the Palestinian cause and protect the sovereignty of Palestine, particularly East Jerusalem, which was reaffirmed as the eternal capital of Palestine.

Leaders also condemned Israel’s military actions in Gaza, describing them as crimes against humanity, and expressed unwavering support for Lebanon’s stability and security.


 

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Gospel Singer New Jerusalem Dies at 53, Leaves Family and Fans in Mourning

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Nigerian Gospel Artist Israel Terhemba Ikyereve, popularly known by his stage name New Jerusalem, has reportedly passed away.

The late gospel singer passed away at the age of 53, friends and family as well as the government in Benue state mourns the loss of the singer.

The date of burial was also announced by his family, on Saturday, July 5, 2025, in Sati Agirigi, Mbamo, Shitile, Katsina-Ala LGA of Benue State.


 

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Fubara Disowns 2027 Campaign Materials, Says He Only Wants Peace for the State

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Suspended Rivers State Governor, Sim Fubara, has distanced himself from campaign materials being circulated ahead of the 2027 elections. Fubara made it clear that he never approved the production of caps, shirts, or any other campaign items for the next general election.

Speaking to his supporters in Port Harcourt on Saturday, Fubara stressed that his focus is on restoring peace and stability in the state, not on political campaigns. His reaction follows the recent resolution of the political crisis in Rivers State by President Bola Tinubu.

The clash between Fubara and the Minister of the Federal Capital Territory had sparked months of tension, which eventually led to Fubara’s six-month suspension from office. Tinubu even declared a state of emergency in Rivers State during the height of the crisis.

However, the president stepped in last week, holding talks with all parties at the Presidential Villa in Abuja, leading to a temporary truce. Fubara expressed his frustration over the campaign materials, saying, “I was really upset when someone sent me a video of people producing caps and shirts for the 2027 elections.

“I didn’t approve that, I didn’t send anyone to do that. For now, what Rivers State needs is peace so that we can focus on progress and development.”

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Pastor Adeboye to Lead National Prayers for Nigeria’s Failing Economy

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The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, will be leading a national prayer session focused on reviving Nigeria’s struggling economy. The prayer is scheduled to take place during the church’s July 2025 Thanksgiving Service, themed “Divine Intervention”, at the RCCG national headquarters in Oyingbo, Lagos.

Speaking ahead of the event through his Special Assistant on Administration, Pastor Dele Balogun, Pastor Adeboye acknowledged that both Nigeria and other countries are facing tough times. But he believes the current hardship is not beyond repair if people embrace faith and take positive action.

“Our nation is going through serious challenges, just like other parts of the world. But the truth is, we can overcome them with faith, as long as we don’t give room to fear or doubt,” Adeboye said. He encouraged Nigerians to reject negative confessions and instead focus on faith-driven solutions, adding that with God’s intervention, the country’s economic situation can still turn around.

The upcoming prayer session, according to him, is not just about asking for change but about opening doors to new opportunities and paving the way for national transformation.


 

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