Qatar Makes U-turn, To Commence Investment Forum During Tinubu’s Visit

Qatar has said it will host the business and investment forum proposed by Nigeria during President Bola Tinubu’s visit to the Arab nation on March 2, 2024.

A leaked memo dated February 24, 2024, showed that Qatar declined the proposed investment forum, citing the unavailability of Mohammed Bin Hamad Al-Thani, the country’s minister of commerce and industry.

Also, the embassy of Qatar in Abuja had said there is no agreement between the Arabian country and Nigeria on investment promotion.

However, the new development in a memo dated Sunday, February 25, 2024, and addressed to the Ministry of Foreign Affairs has the Qatari confirming that the business parley will be held during Tinubu’s visit.

Qatar embassy said, “Regarding the upcoming State visit of H.E. Bola Ahmed Tinubu, President of the Federal Republic of Nigeria to Qatar from 2nd-3rd March 2024 and with reference to our Note: Ref: QEA/FA/057/24 dated 22/02/2024 regarding holding of a Business and Investment Forum (BIF) on the margins of Mr. President’s visit to Qatar on 2nd March 2024.”

“The Embassy has the honour to convey that the Qatar Chamber of Commerce will host the above-mentioned event on March 3, 2024, as proposed by the Nigerian side.”