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.
Both countries signed agreement to foster multi-sectoral collaboration between the two nations.
The pact, encompassing education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports, aims to unlock the full potential of mutual cooperation.
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Tinubu, addressing the Qatar Presidential Palace, expressed Nigeria’s eagerness to welcome investors, highlighting ongoing reforms promoting innovation, return on investments, and multiculturalism.
He underscored the strength of the Nigerian youth, citing their energy, talent, and reliability as valuable assets for Qatari industry.
Tinubu said Nigeria is a prime investment destination with a massive market of over 200 million skilled and industrious individuals.
Despite acknowledging short-term challenges, Tinubu reassured that the Nigerian government, reflective of the dynamism and talent of its people, is implementing effective solutions.
He emphasized the collaborative efforts within the government and with international partners, asserting Nigeria’s readiness for serious business.
“Our greatest strength is 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. 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. 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 return on investment at the level of what you will see in Nigeria. 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,” the President stated.
The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, reciprocated the sentiment, expressing openness to Tinubu’s investment pitch.
Al Thank recalled his 2019 visit to Nigeria, recognizing the country’s importance and its strategic role in regional affairs. Sheikh Tamim emphasized the need for Nigerian brilliance and hard work to flourish within the country, aligning with Qatar’s prudent approach to investments that prioritize thorough study and long-term gains.
He said, “”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.
“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 common wealth of our people. It is not my money. The money we invest belongs to the future generations of Qatar.”
Both leaders acknowledged the potential for substantial returns on investment, with Qatar committing to careful scrutiny of opportunities for the benefit of future generations.
The agreements signed mark a pivotal moment in diplomatic relations, paving the way for increased economic cooperation, cross-cultural exchanges, and shared progress between Nigeria and Qatar.
As President Tinubu prepares to welcome Qatar’s investment team in Abuja, the stage is set for a new era of collaboration, promising mutual growth and prosperity for both nations.
