President Bola Ahmed Tinubu has said there is nowhere on earth where investors will find return on investment like Nigeria.
He said this during a meeting with His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, on Sunday in Doha.
An agreement was struck by both countries to promote multi-sectoral cooperation between them.
The agreement seeks to realise the full potential of reciprocal collaboration in the areas of education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports.
In his speech at the Qatar Presidential Palace, Tinubu emphasised the continuing changes that support innovation, return on investment, and multiculturalism while expressing Nigeria’s readiness to welcome investors.
Citing Nigerian youth’s vitality, talent, and dependability as important resources for Qatari industry, he emphasised their strength.
According to Tinubu, Nigeria is a top investment destination with a sizable market of more than 200 million intelligent and hardworking people.
Although Tinubu acknowledged that there are immediate difficulties, he gave confidence that the Nigerian government, which reflects the energy and brilliance of its citizens, is putting up workable solutions.
Nigeria is ready for real business, he said, stressing the cooperative efforts within the government and with foreign partners.
Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, agreed and said he was receptive to Tinubu’s investment proposal. According to Daily trust.
Al Thank talked on his trip to Nigeria in 2019 and acknowledged the significance of the nation as well as its key position in regional affairs. Sheikh Tamim stressed that in order for Nigerian talent and diligence to thrive domestically, the nation must be in line with Qatar’s cautious approach to investing, which places an emphasis on careful consideration and long-term returns.
He declared, “I am confident in the enormous potential of the Nigerian people.” They are renowned for their diligence and intelligence everywhere in the world. All we have to do is make sure that this is taking place within Nigeria and not outside of it.
“Our global investments have proven to be quite profitable. This is a result of the fact that we research possibilities and take our time before investing the collective wealth of our people. My money is not in it. The money we invest is for Qatar’s future generations.
Both presidents agreed that there may be significant returns on investment, and Qatar pledged to carefully consider any prospects for the benefit of future generations.
The accords reached represent a turning point in diplomatic ties and open the door to more economic collaboration, cross-cultural interactions, and mutual advancement between Qatar and Nigeria.
President Tinubu is getting ready to greet the investment delegation from Qatar in Abuja, signalling the beginning of a new chapter in their partnership that promises wealth and growth for both countries.
