President Bola Tinubu, on Sunday, entered into seven bilateral, multi-sectoral agreements with the government of Qatar, aimed at enhancing investment opportunities between the two nations. This was communicated in a statement issued by Ajuri Ngelale, the special adviser to the president on media and publicity.
The agreements encompass cooperation in various domains including education, employment regulation, establishment of a joint business council, and collaboration in youths and sports. Ngelale emphasized that these historic agreements would facilitate mutual cooperation in critical sectors such as education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports.
President Tinubu, during the signing ceremony at the Qatar Presidential Palace, expressed Nigeria’s preparedness to attract investors. He highlighted ongoing reforms supporting innovation, investment returns, and multiculturalism, emphasizing the potential of Nigerian youths as reliable partners for Qatari industries.
The Emir of the State of Qatar, His Highness, Sheikh Tamim bin Hamad Al Thani, welcomed President Tinubu’s investment drive, acknowledging Nigeria’s importance and strategic role in regional affairs. He expressed confidence in the Nigerian people’s capabilities and advocated for investments within Nigeria, citing the fruitful outcomes of Qatar’s investments worldwide.
President Tinubu designated Mr. Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, as the team leader for engagement with Qatari authorities in identifying and implementing investment opportunities. Additionally, Dr. Dele Alake, the Minister of Solid Minerals Development, presented details on Nigeria’s mineral resources during bilateral discussions, emphasizing opportunities for local processing and value addition.
The bilateral engagement culminated in a closed-door meeting between the two heads of state preceding the signing ceremony for seven bilateral agreements spanning multiple sectors.