Signs that President Muhammadu Buhari’s trip to Qatar may started yielding positivity result manifested yesterday as Qatari businessmen have indicated interest to invest in financial, oil and gas and telecommunication sectors in Nigeria’s economy.
Other areas the business community showed concerned were telecommunications, tourism, agriculture, food processing sectors, among others. This came as president Buhari has assured them of security and protection, adding that all visa impediment, multiple taxation would be removed.
Speaking on behalf of the Qatari senior executive of Qatar Chamber of Commerce and some private businessmen at a meeting with president Buhari in Doha on Sunday, Muhammed Bin Ahmed Bin Towar Al Kuwari, Vice Chairman of Qatar Chamber of Commerce and Industry said Africa was a new destination for the next decade.
“All eyes are on Africa in the next decade. Africa is the next place for growth, the rest of the world is looking towards the continent, and Nigeria is an important part of that continent,” he said. President Buhari had assured the people of adequate security in Nigeria.
He said “Nobody invests without first knowing how secure a country is. That is why we have placed high premium on securing the country, because you cannot effectively manage a country you have not secured.
“My party campaigned on three main planks: security, employment generation and anti-corruption. “We campaigned on zero corruption, promising that we would run an accountable government and we are keeping our promises.”
A statement by Mr. Femi Adesina, the presidential media aide stated that president Buhari while speaking on the crash crude oil prices in the international market and its effect on the Nigerian economy, informed his hosts that Nigeria was blessed with vast arable land for agriculture, and rich deposit of solid minerals, which the businessmen can invest in, and reap rich returns in a short while.
“Agriculture and solid minerals will mobilize youths for gainful employment. We have the capacity not to need to import food at all. “But we need to also tackle infrastructure deficit in power, transportation, rail, road, and in other areas. We will put together an articulated plan, which would be discussed with you shortly, so that you can make investment decisions.
“All impediments like delayed processing of permits, multiple taxation, and corrupt practices, would be removed,’’ the President said.
{C} NigeriaInfo
Speaking on behalf of the Qatari senior executive of Qatar Chamber of Commerce and some private businessmen at a meeting with president Buhari in Doha on Sunday, Muhammed Bin Ahmed Bin Towar Al Kuwari, Vice Chairman of Qatar Chamber of Commerce and Industry said Africa was a new destination for the next decade.
“All eyes are on Africa in the next decade. Africa is the next place for growth, the rest of the world is looking towards the continent, and Nigeria is an important part of that continent,” he said. President Buhari had assured the people of adequate security in Nigeria.
He said “Nobody invests without first knowing how secure a country is. That is why we have placed high premium on securing the country, because you cannot effectively manage a country you have not secured.
“My party campaigned on three main planks: security, employment generation and anti-corruption. “We campaigned on zero corruption, promising that we would run an accountable government and we are keeping our promises.”
A statement by Mr. Femi Adesina, the presidential media aide stated that president Buhari while speaking on the crash crude oil prices in the international market and its effect on the Nigerian economy, informed his hosts that Nigeria was blessed with vast arable land for agriculture, and rich deposit of solid minerals, which the businessmen can invest in, and reap rich returns in a short while.
“Agriculture and solid minerals will mobilize youths for gainful employment. We have the capacity not to need to import food at all. “But we need to also tackle infrastructure deficit in power, transportation, rail, road, and in other areas. We will put together an articulated plan, which would be discussed with you shortly, so that you can make investment decisions.
“All impediments like delayed processing of permits, multiple taxation, and corrupt practices, would be removed,’’ the President said.
{C} NigeriaInfo
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