NACCIMA Embarks on Strategic Visit to Qatar, Bolstering Nigeria’s Quest for Foreign Direct Investment on the Sidelines of President Tinubu visit to Qatar.

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  • February 28, 2024

L-R: Mr. Funsho Jimoh of KAM Steel, Dele Kelvin Oye, National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), His Excellency Mohammed Bin Ahmed Bin Twar Al Kuwari, Qatar Chamber First Vice Chairman and Mr Nabil Saleh, NACCIMA life Vice President and MD Saleh Group Ltd.

[Doha, Qatar 28th February, 2024] – In a landmark move to enhance bilateral relations and economic cooperation, the President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye led a delegation of Nigerian businesses to pay a courtesy visit to the Qatar Chamber of Commerce ahead of the Qatar Nigeria Business Forum. The meeting, which took place in the Qatar Chamber of Commerce office in Doha, with the Qatar Chamber First Vice Chairman His Excellency Mohammed Bin Ahmed Bin Twar Al Kuwari, was a significant step in strengthening the partnership between both countries’ business communities.

The visit comes just days before the highly anticipated Business Summit, scheduled for March 3rd at 2 PM at the Grand Sheraton Doha. The event is set to take place on the sidelines of President Bola Ahmed Tinubu’s visit to Qatar, illustrating the strategic alignment of NACCIMA’s initiatives with the Nigerian government’s efforts to attract foreign direct investment (FDI).

During the visit, the agenda, the Memorandum of Understanding (MoU), and the Qatar Nigeria Business Council were thoroughly discussed, ensuring that all preparations are in place for a successful forum. The President of NACCIMA has reaffirmed the association’s commitment to promoting Nigeria’s diverse economy and investment opportunities to Qatari investors.

Supporting NACCIMA’s mission, key Nigerian officials will be present at the Business Summit, including the Minister of Foreign Affairs, Ambassador Yussuf Tuggar; Honorable Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite; Minister of Solid Minerals, Dr. Dele Alake; and the Coordinating Minister of the Economy and Finance, Chief Wale Edun. The governors of Borno and several other states will also be in attendance, showcasing a united front in Nigeria’s quest for economic development through FDI.

NACCIMA plays a pivotal role in this initiative, leveraging its vast network and expertise to facilitate dialogue and partnerships between Nigerian businesses and their Qatari counterparts. The association’s proactive approach is aimed at creating a conducive environment for sustainable investment, technology transfer, and the development of key sectors such as industry, agriculture, and mining.

Through this forum and future collaborations, NACCIMA is dedicated to enhancing Nigeria’s position as a prime destination for FDI, capitalizing on the country’s strategic location, rich natural resources, and a vibrant entrepreneurial spirit. The association’s efforts are aligned with the Nigerian government’s economic diversification agenda and are expected to yield substantial economic benefits for both nations.

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