Feb 18, 2015
Nigerian President Awards Prince Alwaleed Highest Medal HRH’s 75th Honorary Medal

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) and Alwaleed Bin Talal Foundations, and an accompanying delegation visited Abuja, Federal Republic of #Nigeria. The delegation included HE Hon. Abubakar Shehu Bunu, Nigerian Ambassador to Saudi Arabia, Dr. Nahla Nasser Alanbar, Private Executive Assistant to HRH the Chairman, Ms. Hassna Alturki, Department Head Travel & External Affairs and Mr. Fahad Bin Saad Bin Nafel, Executive Assistant to HRH the Chairman

Upon Prince Alwaleed’s arrival, His Highness was received by HE Mr. Aminu Wali, Nigeria’s Minister of Foreign Affairs. During the visit Prince Alwaleed headed to the International Conference Centre, where His Royal Highness met HE. Dr. Goodluck Ebele Jonathan, President of Nigeria. During the meeting the two discussed social and investment issues. Subsequent to the meeting, the President presented His Highness with Nigeria’s National Honour. The medal is HRH’s 75th Honorary Medal.

In 2014, Prince Alwaleed received HE Arch. Mohammed Namadi Sambo, Vice President of Nigeria and an accompanying delegation. In 2011, Prince Alwaleed announced a $50 million investment into First Hydrocarbon Nigeria Limited FHN in Nigeria. The transaction was through the second Kingdom Zephyr fund, PAIP II. FHN was established in 2009 to capitalize on the exceptional opportunities for indigenous Nigerian involvement in the upstream sector of the oil and gas industry.

In the same year, Prince Alwaleed visited Nigeria and was warmly welcomed by President Jonathan at the Presidential Palace. Moreover, the President and His Highness discussed a number of social, philanthropic and economic issues and Prince Alwaleed referred to KHC’s investments in Nigeria via the banking sector via Citigroup.  Also in 2011, Alwaleed Bin Talal Foundation-Global supported Nigeria through a donation of $200,000 to "Deworm the World" program in a National School in addition to a previous donation of $356,500 to the same cause.