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President Tinubu Welcomes Multi-Sectoral Agreements With Qatar; Set To Receive Qatar's Investment Team In Abuja

President Tinubu Welcomes Multi-Sectoral Agreements With Qatar; Set To Receive Qatar's Investment Team In Abuja

President Bola Ahmed Tinubu, and His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, on Sunday in Doha, witnessed the signing of historic agreements between both nations, opening a gateway for leveraging the potential of mutual cooperation in pivotal sectors of education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports. Before the signing ceremony at the Qatar Presidential Palace, President Tinubu assured his host of Nigeria’s preparedness to welcome investors into the country, noting the ongoing reforms that favour innovation, return on investments, and multiculturalism.

The Emir of the State of Qatar, His Highness, Sheikh Tamim bin Hamad Al Thani, emphasized that Qatar is open to President Tinubu's investment push, recalling that he traveled to Nigeria in 2019 owing to his belief that Nigeria is an important and strategic ally on its own and within the context of its role in regional affairs.

President Tinubu immediately named the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun as the team leader of the government team that will interface with Qatari authorities in investment identification and implementation moving forward.

 Furthermore, during the bilateral deliberations, President Tinubu enabled a brief presentation to the Emir by the Minister of Solid Minerals Development, Dr. Dele Alake, who spoke in detail about the high-grade of several minerals, including lithium, immediately derivable across the country with an emphasis on imminent opportunities for local mineral processing and value-additive industry in the sector.

The bilateral engagement was followed by a closed-door meeting between the two Heads of State before they proceeded to the signing ceremony for seven bilateral agreeements across multiple sectors.

The seven agreements signed are: cooperation agreement in the field of education; regulation of employment of workers with the Government of Qatar; establishment of a joint business council (JBC) between the Qatar Chamber of Commerce and Industry and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA); in addition to a cooperation agreement in the field of youths and sports.

The other agreements are: cooperation in the field of tourism and business events, and a memorandum of understanding combating illicit trade in narcotic drugs and psychotropic substances.

The documents were signed by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, and relevant officials in the Government of the State of Qatar, Buthaina bint Ali Al Jabr Al Nuaimi, Minister of Education and Higher Education; Dr. Ahmad Hassen Al-Hammadi, Secretary General at the Ministry of Foreign Affairs; Sheikh Khalifa Bin Jassim Al Thani, Chairman of Qatar Chamber of Commerce & Industry (QCCI), and Abdullah bin Khalaf bin Hattab Al Kaabi, Undersecretary of the Ministry of Interior (MOI).

Nigerian ministers who were present at the ceremony were: Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun; Minister of Solid Minerals Development, Dr. Dele Alake; Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate; Minister of Trade, Industry and Investment, Dr. Doris Uzoka-Anite; and the Minister of State for Petroleum Resources (Gas), Mr. Ekperipe Ekpo. Also at the meeting were the National Security Adviser, Mallam Nuhu Ribadu, and Special Adviser on Energy, Mrs. Olu Verheijen. 

 

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