Qatari investment in Nigeria to hit N500bn this year, says envoy | TheCable

📆 3/5/2022 7:10 AM
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The Qatari government says it has stepped up efforts to boost investment in Nigeria with expectations to hit about N500 billion this year. Ali Al-Hajri, ambassador of the state of

March 5, 2022 10:57 AM

He said public and private investors from Qatar are looking forward to finding more opportunities between the two countries in trade and technology transfer. Mohammed Abdullahi, minister of state science technology and innovation , who spoke on opportunities to collaborate in the science and technology sector, said Qatar had made significant progress in the area of STI and called for more Qatari investment in the sector.

The minister said that Nigeria was the largest economy in Africa with a GDP of $514 billion and a 57 percent economically active population with over 44 minerals in commercial quantities in different locations.

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