Lagos-Qatar Investment: Obasa Urges Qatari Government To Invest In Lagos

By Akinwale Kasali

The Lagos State Government is set to partner the Qatari Government in boosting Investment in the State and the Middle East Nation.

The Qatar-Nigeria Business match-making Summit held in Lagos State saw Government officials of both countries with their businessmen and prospective investors brainstorming on how to form a synergy and deepening bilateral trade between both countries and boosting its investment plans.

The Summit is also aimed at deepening trades among both countries in manufacturing, construction, oil and gas, technology and other related areas.

Lagos State House of Assembly Speaker, Rt. Hon. Mudashiru Obasa,  described the State as one that guarantees safety of investors and their businesses since the Government takes seriously the protection of lives and property.

It also noted that the growth and advancement of Lagos in various areas of the economy are the result of leadership.

Representing Obasa, Hon. Adewale Temitope, Chairman of the Lagos State House of Assembly Committee on Transportation, added that for investors in Lagos, it has always been a symbiotic relationship since the State has the needed human capital and the market while they have the resources.

“It is, therefore, going to be a symbiotic relationship between Qatar and Nigeria,” he said while urging prospective investors to also consider the transportation and health sectors of the State in view of government’s successful effort to create an enabling environment.

Ali Ghanem Al-Hajri, Qatari Ambassador to Nigeria, said the meeting would further strengthen bilateral relations between Nigeria and his country.

“We think this meeting will deepen bilateral relations to build an economic bridge between the two markets.

“Nigeria is the biggest market in West Africa, and there are lots of potentials and opportunities to deal with the Qatari market. I can see a huge economic bridge between the two countries,” he said.

Qatar Development Bank (QDB), which organised the business match-making event, used the opportunity to engaged with Nigerian businesses on strengthening investment ties across diverse sectors.