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Qatar Makes U-turn, to host business forum during Tinubu’s Visit

by Present Nigeria
February 26, 2024
in Business, News
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Leaked memo: Tinubu not Turned Down by Qatar — Presidency
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The government of Qatar has reversed its earlier decision not to host the business and investment forum proposed by President Bola Tinubu during his state visit.

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

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However in a letter sent to the Nigerian government, the Qatar Chamber of Commerce says it will host a Business and Investment Forum (BIF) on the margins of President Bola Ahmed Tinubu’s upcoming state visit.

The new development was conveyed in a memo dated February 23, 2024, from the Qatar embassy and addressed to Nigeria’s ministry of foreign affairs.

The memo posted by Bayo Onanuga in part reads

“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 3rd march 2024, as proposed by the Nigerian side.”

The state visit of President Tinubu is scheduled for March 2nd and 3rd, 2024. The Business and Investment Forum is expected to provide a platform for businesses from both countries to explore potential partnerships and investment opportunities.

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