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Seven Gains of Tinubu’s Recent Qatar Trip

Dada Olusegun writes in regards to the positive aspects of the latest two-day state go to of President Bola Tinubu to Qatar.

President Bola Tinubu, as soon as once more, continued his aggressive advertising and marketing of Nigeria because the funding vacation spot of the subsequent decade as he displayed his charming charisma on his final journey to the State of Qatar and like he did in India and Germany, the President is again in Nigeria with a bag of goodies; this time with seven main agreements in essential sectors of the economic system.

Throughout a gathering on Sunday in Doha, President Tinubu and His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, supervised the signing of the historic agreements between each nations.

These agreements created a gateway for each nations to open a vista of mutual cooperation within the pivotal sectors of schooling, enterprise improvement, funding promotion, youth empowerment, mining, tourism, and sports activities.

Earlier than the signing ceremony on the Qatar Presidential Palace, President Tinubu sporting his common Nigeria’s Marketer-in-chief garment, assured the Qatar chief of Nigeria’s preparedness to welcome buyers into the nation and revealed the continuing reforms in Nigeria that favour innovation and return on investments – two favourite languages of buyers.

A really passionate President Tinubu additionally talked up the massive potential return on funding Nigeria affords to the enterprise leaders on the assembly emphasizing that no different nation on the planet affords such return on the stage that may be gotten from Nigeria.

It is a classic marketer highlighting the strengths of his product. President  Tinubu all the time hawk the Nigerian product at any given alternative.

Qatar, for all intents and functions, is an effective area to market the Nigerian product. They boast of a GDP of round $250 billion for a tiny inhabitants of just below three million individuals. When one brings Qatar’s sovereign wealth fund of $500 billion, it turns into apparent why President Tinubu had his gaze set upon the dominion of Qatar. Investments!

President Tinubu whereas speaking to his host in Qatar additionally had his eyes past attracting Qatari investments into Nigeria.

To find a helpful objective for Nigeria’s big expertise base and human capability inside and out of doors Nigeria, the President didn’t fail to say the potentials of Nigeria’s younger inhabitants.

He mentioned: “Our biggest power is our individuals. Our power lies within the capability of Nigerian youths. They’ve power, expertise, and self-belief. They’re high quality companions for Qatari business. They’re educated and dependable, and they’re proactively in search of so as to add worth wherever they’re. A number of can’t give a foul title to the numerous. Nigerian youths are able to be unleashed for the mutual advantage of each nations.”

The Emir of the State of Qatar, His Highness, Sheikh Al Thani, emphasised that Qatar is open to President Tinubu’s funding push, recalling that he traveled to Nigeria in 2019 owing to his perception that Nigeria is a vital and strategic ally by itself and inside the context of its function in regional affairs.

President Tinubu in his common pragmatic method instantly named the Coordinating Minister of the Economic system and Minister of Finance, Mr. Wale Edun because the group chief of the federal government group that may interface with Qatari authorities in funding identification and implementation shifting ahead.

President Tinubu’s ardour to diversify Nigeria’s economic system away from reliance on oil revenues was there for all to see when he enabled a presentation to the Emir of Qatar and his group by the Minister of Stable Minerals Growth, Dele Alake, who made an in depth pitch in regards to the potential alternatives supplied by a number of high-grade stable minerals, together with lithium, instantly derivable throughout the nation. The emphasis was on native mineral processing and value-additive business within the sector quite than mere exploitation of the uncooked supplies for direct export.

After bilateral engagements between the 2 nations and a closed door session between President Tinubu and the Emir of Qatar, seven bilateral agreeements throughout a number of sectors had been signed. These agreements embrace: Cooperation settlement within the discipline of schooling; Regulation of employment of employees with the Authorities of Qatar;

Institution of a joint enterprise council (JBC) between the Qatar Chamber of Commerce and Trade and the Nigerian Affiliation of Chambers of Commerce, Trade, Mines, and Agriculture (NACCIMA);

A cooperation settlement within the discipline of youths; A cooperation settlement within the discipline of sports activities; Cooperation within the discipline of tourism and enterprise occasions and Memorandum of understanding combating illicit commerce in narcotic medication and psychotropic substances.

President Tinubu by embarking on this journey to Qatar has kick-started the method of probably unlocking billions of {dollars} in Qatari investments in a few of these sectors of curiosity. This implies extra jobs for Nigerians and extra revenues for the federal government to make our funding atmosphere much more conducive to draw further investments.

A step at a time actually, however a journey  to remould Nigeria’s picture and additional appeal to investments have begun. President Tinubu is on a mission and the seven agreements reached in Qatar is one other stable testomony.

-Dada is Particular Assistant to the President on Digital Media

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