• June 15, 2021

Qatar Set To Boost Nigeria’s Economy With $5 Billion Investment


(AGENDAWATCHDOG) – The oil-rich state of Qatar intends to boost Nigeria’s economic development with an investment of $5 billion.

This was disclosed by the the Foreign Affairs Minister, Godfrey Onyeama, at a send forth dinner in honour of Nigeria’s Ambassador-designate to the State of Qatar, who is also the outgoing Director of Protocol (DOP) at the State House, Ambassador Yakubu Ahmed.

Onyeama, further disclosed that there had been discussions with Qatar on partnership with Nigeria’s Sovereign Wealth Fund (SWF), for significant investments in the region of $5 billion in the Nigerian economy.

READ ALSO: Okowa Reiterates Commitment To The Take-Off Of New Universities

Recalled that President Muhammadu Buhari had visited the State of Qatar in 2016 and the Emir of Qatar, Tamim Bin Hammad Al-Thani, reciprocated with a State visit in 2019.


Agenda Watchdog

Read Previous

Sabotage: US Prepares To Slam Sanctions On Russia

Read Next

Microsoft Bids To Acquire Speech Recognition Firm Nuance In $16B Deal