By Abba Anwar
As I flipped through the pages of the Daily Trust Newspaper on Monday, September 23, 2024, a paid advert caught my attention. The Consulate General of the Kingdom of Saudi Arabia in Nigeria rejoiced with King Salman Bin Abdul’Aziz, Crown Prince and Prime Minister Muhammad Bin Salman Al-Saud, and the people of Saudi Arabia on the occasion of the Kingdom’s 94th National Day.
The historical account of Saudi Arabia’s National Day, which began under King Abdul’Aziz Bin Abdurrahman Al-Saud, fascinated me. However, what truly captured my interest was the Kingdom’s bold strides in socio-economic development, positioning itself as a key player in the global arena.
Saudi Arabia’s determination to become an active member of the G20 Industrial Growth and Digitization is commendable. The upcoming Saudi Infrastructure Summit aims to bring public and private stakeholders together to collaborate and discuss challenges in delivering infrastructure.
The Kingdom’s $1 trillion Saudi Vision 2030 is an audacious plan to propel Saudi communities into a brighter future. This visionary initiative seeks to integrate modern advancements in science, technology, industrialization, and innovation into the fabric of Saudi society.
Under Crown Prince Muhammad Bin Salman’s leadership, Saudi Arabia is transitioning from a stagnant entity to a robust and responsive political entity, actively engaging in global economic development. The Kingdom’s political economy is undergoing a remarkable transformation.
Saudi Arabia is no longer an entity without a future industrial plan. Instead, it is embracing global incorporation of modern advancements, shedding its conservative understanding of growth and development.
The Kingdom’s membership in the G20 and its interest in hosting the Saudi Infrastructure Summit demonstrate its commitment to reducing dependence on oil exports. Investments in renewable energy, tourism, and manufacturing are poised to drive economic growth.
Initiatives like the Saudi Industrial Development Fund will support local industries, making the Kingdom a rallying point for true industrialization.
Crown Prince Muhammad Bin Salman recognizes the importance of investing in education, research, and innovation. Partnerships with international institutions will develop human capital, essential for Saudi Arabia’s transformation.
The Kingdom’s participation in global forums, dialogues, and cooperations under Crown Prince Muhammad Bin Salman’s leadership has opened up new markets and opportunities. Its membership in the World Trade Organization (WTO) is a testament to its commitment to global engagement.
Infrastructure development, social reforms, and economic empowerment are transforming Saudi Arabia into a hub for industrialization and global cooperation. The Crown Prince’s vision for a more liberal and diversified economy is unfolding.
Saudi Arabia’s bilateral relationship with Nigeria, established in 1961, is strengthening under Crown Prince Muhammad Bin Salman’s leadership. This partnership promises to foster economic growth, development, and global understanding.
As Saudi Arabia celebrates its 94th National Day, its remarkable progress under Crown Prince Muhammad Bin Salman is a beacon of hope for Muslims, Islamic nations, and the world at large. The Kingdom’s transformation is a testament to its dedication to global industrialization and cooperation.
Anwar writes from Kano State, Nigeria
Can be reached on
fatimanbaba1@gmail.com
Tuesday, September 24th, 2024
