Tinubu approves multi-sectoral agreements, to receive Qatari investment team in Abuja

*President Bola Ahmed Tinubu assures His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, of Nigeria’s preparedness to welcome investors into the West African country, noting the ongoing reforms favour innovation, returns on investments, and multiculturalism

Isola Moses | ConsumerConnect

President Bola Ahmed Tinubu, and His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, Sunday, March 3, 2024, in Doha, witnessed the signing of historic agreements between both countries.

The Federal Government disclosed the fresh agreements are expected to create a gateway to leverage the potential of mutual cooperation in pivotal sectors of education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports.

It is equally noted that ahead of the signing ceremony in the Qatar Presidential Palace, President Tinubu had assured his host of Nigeria’s preparedness to welcome investors into the West African country.

He also noted the ongoing reforms favour innovation, returns on investments, and multiculturalism.

Tinubu stated: “Our greatest strength are our people. Our strength lies in the capacity of Nigerian youths.

“They have energy, talent, and self-belief. They are quality partners for Qatari industry.

“They are educated and reliable, and they are proactively seeking to add value wherever they are.”

The  Nigerian leader further said: “A few cannot give a bad name to the many. Nigerian youths are ready to be unleashed for the mutual benefit of both nations.

“We have seen clearly the rapid pace and thorough quality of Qatar’s development process.”

He stated: “It is impossible not to be moved by what you have accomplished.

“The leadership in the country has proven its mettle, and we are here to gain deeper insight.

“There is nowhere in the world where you will find returns on investment at the level of what you will see in Nigeria.”

The President explained: “A massive market of over 200 million skilled Nigerians, always industrious and ready to work.

“We face some short-term turbulence at the moment, but we have a government today that reflects the dynamism and talent of the Nigerian people.

“We are implementing the right solutions. This team works collaboratively with each other and our partners.

“Nigeria is ready for serious business.”

Responding to Tinubu’s presentation on Nigeria, the Emir of the State of Qatar, His Highness, Sheikh Tamim bin Hamad Al Thani, emphasised that Qatar is open to President Tinubu’s investment push.

Sheikh Al Thani recalled that he travelled to Nigeria 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.

The Emir also noted: “I have no doubt about the great capacity of the Nigerian people. Everywhere in the world, they are known for their brilliance and hard work.

“We only need to ensure that this is happening inside of Nigeria rather than outside.”

Al Thani stated: “The investments we have made around the world have been very fruitful.

“This is because we take our time and study opportunities before we invest the commonwealth of our people.”

The Emir added: “It is not my money. The money we invest belongs to the future generations of Qatar.”