President Bola Tinubu has extended an open invitation to international investors, particularly those from Qatar, to directly report any instances of bribery and corruption they encounter from government officials. President Tinubu’s message was delivered during the Nigeria-Qatar Business and Investment Forum held in Doha, where he emphatically assured the global business community that Nigeria, under his administration, is not only open for business but is also committed to eradicating any obstacles that may deter investment, including corruption and insecurity.
The president’s commitment to reforming Africa’s largest economy was underscored by his assurance to Qatar’s investors that Nigeria is undergoing significant systemic reforms aimed at enhancing the ease of doing business. Tinubu’s administration is dedicated to removing bureaucratic bottlenecks and ensuring that foreign investments flow smoothly into and out of Nigeria, guaranteeing a “free entry, free exit” policy for international capital.
Highlighting the government’s resolve to confront the twin challenges of corruption and insecurity head-on, President Tinubu pointed to the appointment of Mallam Nuhu Ribadu, a globally recognized anti-corruption figure and former Chairman of the Economic and Financial Crimes Commission (EFCC), as the National Security Adviser (NSA). This strategic appointment is seen as a testament to the administration’s commitment to strengthening Nigeria’s war against corruption and ensuring a secure environment for investors.
President Tinubu’s message to the international business community was clear: Nigeria is serious about revolutionizing its investment promotion landscape by dismantling any barriers to profitable and legitimate enterprise. He encouraged investors not to be swayed by past perceptions but to seize the myriad of opportunities that Nigeria offers across various sectors, including oil and gas, solid minerals, tourism, hospitality, healthcare, and more. Tinubu’s vision is for Nigeria and Qatar to become prolific partners in exploring and developing these sectors, emphasizing the vast potential for mutual growth and prosperity.
The Nigerian delegation to the forum, comprising key state governors and ministers overseeing critical economic and security portfolios, underscores the high level of commitment and coordination among Nigerian officials to foster a conducive investment climate. Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani, Qatar’s Minister of Commerce and Industry, reciprocated this enthusiasm, expressing Qatar’s interest in exploring opportunities in Nigeria, particularly in sectors aligned with low carbon initiatives and the broader industry.
This dialogue between Nigeria and Qatar marks a significant step towards strengthening bilateral relations and economic ties, with both nations expressing a keen interest in unlocking the potential for substantial investments and collaborations. As Nigeria positions itself as a prime destination for global capital, President Tinubu’s administration is making it abundantly clear that integrity, transparency, and accountability are non-negotiable pillars of its economic and security policies.
The Nigeria-Qatar Business and Investment Forum serves as a beacon for international investors, signaling Nigeria’s readiness to partner with the global business community in a transparent and mutually beneficial manner.
