Saudi king makes phone call to President Buhari over oil market

Saudi king makes phone call to President Buhari over oil market

- King Salman bin Abdulaziz of Saudi Arabia on Tuesday had a conversation with President Muhammadu Buhari

- The subject of the telephone conversation was channelled towards reinforcing the bilateral relationship between the two oil-producing nations

- Buhari and King Abdulaziz also discussed how to make balance on the global oil market among the OPEC members

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King Salman bin Abdulaziz Al Saud, the ruler of Saudi Arabia, on Tuesday, August 18, had a telephone conversation with President Muhammadu Buhari.

The conversation, according to the Saudi Press Agency, was lengthened towards how to stabilize and rebalance global oil markets.

Legit.ng gathers that part of the discussion was accentuated on the importance of compliance to the Organization of the Petroleum Exporting Countries (OPEC) agreement and the agreed-upon compensation mechanism by all member states.

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The two leaders also discussed bilateral relations between the two countries and opportunities for their further development in the future.

Saudi king makes phone call to President Buhari

King Salman bin Abdulaziz of Saudi Arabia on Tuesday had a conversation with President Muhammadu Buhari. Credit: Saudi Press Agency.
Source: UGC

The conversation between President Buhari and the Saudi king came barely three months after the Nigerian president and the prime minister of the Islamic Republic of Pakistan, his excellency Imran Khan, had a phone conversation.

A tweet-statement from the official page of the presidency confirmed that the conversation between the two leaders held on Thursday afternoon, May 7.

The point of discussion, according to the statement, was based on the global initiative on debt relief canvassed by leaders of the Non-Aligned Movement Contact Group (NAM) for developing countries.

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In related news, Legit.ng had reported that President Buhari wished Saudi Arabia monarch, Salman Bin Abdulaziz, speedy and full recovery following reports that the world leader was hospitalised.

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King Salman was rushed to hospital over deteriorating health condition, with reports in Reuters claiming he was rushed to Faisal Specialist Hospital for medical tests due to inflammation of the gallbladder.

Speaking on the monarch's health, President Buhari extolled the memories he shared with King Abdulaziz, saying he is "one of the finest leaders I have ever met in the course of my interactions with world leaders."

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Source: Legit

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