Nigeria, Qatar set to sign seven agreements today – Newstrends
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Nigeria, Qatar set to sign seven agreements today

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Nigeria, Qatar set to sign seven agreements today

President Bola Ahmed Tinubu’s two-day official visit to the State of Qatar will assume full gear today with the signing of seven agreements between Nigeria and the Middle East country.

The visit had begun yesterday with a visit the Nigerian president paid to the Museum in Doha, the capital city where the CEO of Qatar Museums Mohammed Saad Al Rumaihi and the Director of National Museum of Qatar, Sheikh Abdulaziz bin Hamad Al Thani conducted the Nigerian leader around the facilities.

The Museum which was recently redesigned ahead of the 2022 FIFA world Cup, offers visitors access to a variety of materials used in Islamic art, including carpets and textiles, manuscripts, ceramics, wood, ivory, metalwork, stone and glass.

The President is expected to see pieces of materials dating back to the earliest Islamic period from the 20th century, spanning Spain and North Africa to the Far East.

The host is also expected to conduct his visitor to view the early Hijazi Quran fragments, the sitara of the Holy Kaaba, the Moroccan arch, a copy of al-Sufi’s treatise on the fixed stars, the Abbasid blue-and-white bowl, the Seljuq stucco panel, the Doha Hind and the post-Islamic Spanish ceiling.

The visit to the Museum is expected to herald other events that will culminate in the signing of agreements in seven areas between the Nigeria and Qatari governments today.

From the Museum, the President will visit the Qatar Foundation, which is responsible for promoting Qatar government humanitarian activities in other countries, including Nigeria.

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The Qatar Foundation for Education, Science and Community Development, is a state-led non-profit organisation in Qatar.

The institution, which was founded in 1995 by the then Emir of Qatar, Hamad bin Khalifa Al Thani, and his second wife Moza bint Nasser Al-Missne, has been linked to development of schools, houses and health facilities in several countries, including Nigeria.

The Foundation helped Nigeria with infrastructures including schools, residential houses and health facilities in states ravaged by insecurity.

Earlier on Friday night, President Tinubu had met with key ministers and top officials of the Qatari government.

At the meeting were some key Nigerian government officials on the President’s entourage, including the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Minister of Solid Minerals Development, Dele Alake; the Minister of Foreign Affairs, Yusuf Tuggar; the Minister of Trade and Investment, Doris Uzoka-Anite; the Minister of Youth Development, Jamila Ibrahim and the Minister of Health and Coordinating Minister of Social Welfare, Ali Pate.

FG has identified locations with Lithium in commercial quantity —Alake

The Minister of Solid Minerals Development, Mr Dele Alake, said the Federal Government (FG) has identified locations where Lithium occurs in commercial quantities in the country.

He said comprehensive data on the pattern and quantity of energy mineral Lithium are available at the Nigerian Geological Survey Agency for businesses interested in  establishing lithium companies in Nigeria.

Special Adviser to the Minister, Kehinde Bamigbetan, made this known in a statement.

He said Alake made this disclosure in Doha, Qatar on Saturday at a meeting with Qatari businessmen on the sidelines of the visit of President Bola Ahmed Tinubu to the Arab country.

He stated: “Comprehensive data on the pattern and quantity of energy mineral Lithium are available at the Nigerian Geological Survey Agency for businesses interested in  establishing lithium companies in Nigeria.

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“Responding to enquiries on the quality of Nigerian lithium by Qatari business mogul Sheikh Shahid Jawad, at the meeting held at the prestigious Sheraton Doha, Alake said mineral exploration initiated by the Federal Government has identified locations where lithium is available in commercial quantities and in high grades.

“To buttress the disclosure, Alake recalled that on a visit to Australia, he was presented with samples of rock composites from Nigeria with high grade lithium content confirmed by laboratory analysis.

“He said it showed that the quality of Nigerian lithium has been recognised by the global mining sector.

“Encouraging Qatari businessmen to visit the country and witness the immense opportunities in mining, Alake said the Nigerian government has put in place generous, investor- friendly policies to facilitate business.

“Also speaking at the event, the Executive Secretary of Solid Minerals Development Fund, Mrs Fatimah Shinkafi, urged investors to explore opportunities in mining infrastructures.

“Giving the example of Vale, a mining company in Brazil that invested in trains to ease the transportation of minerals from the mines to the processing towns, Shinkafi said while the government will continue to provide transportation facilities to the mines, mining companies that recognise the significance of transportation to their future cost control will invest wisely by supplementing government’s efforts.

“Also giving the minister the update of its activities in the mining sector, the vice- chairman of the Qatar- Nigerian Chamber of Business, Muhammed Santuraki, said the chamber was formed in 2017 to build business relations between both countries.

“Recalling a recent visit to a gold mine in Nasarawa State, Santuraki observed the existence of good roads for the haulage of minerals to the ports.

“Other businessmen at the top- level meeting were Sheikh El Jouneid, Chief Executive Officer, ETCC Qatar and Aminu Dahiru, Chairman, Asdub Oil & Gas.”

Nigeria, Qatar set to sign seven agreements today

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Yahaya Bello reports to EFCC office with lawyers

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Yahaya Bello reports to EFCC office with lawyers

 

A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.

Bello went to the anti-graft office with his lawyers in the morning.

The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.

He was said to have been taken by some operatives of the agency and are currently being grilled.

This is  coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.

The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.

It stated that the 30-day window was still running for the summons earlier issued.

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

 

Ebonyi State Governor Francis Nwifuru has announced the immediate suspension of two commissioners with a permanent secretary among others for gross misconduct.

Those suspended are the Commissioner for Housing and Urban Development Francis Ori, and the Commissioner for Health, Moses Ekuma, with the Permanent Secretary of the Ministry of Health.

The suspension followed an incident on Saturday night, when the governor reportedly visited the Ministry of Health’s premises and was said to have found six officials diverting government materials.

Others suspended for three months are the Executive Secretaries of the State Primary Healthcare Development Agency and the Ebonyi State Health Insurance Agency

The suspension order was announced by the state Commissioner for Information, Jude Okpor, who cited alleged misconduct and dereliction of duties as the reasons for the disciplinary actions.

Okpor made the disclosure on Tuesday during a press briefing on the outcomes of the State Executive Council meeting held on Monday at the New Government House in Abakaliki, the state capital.

“Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health, respectively

“In view of the development, the Special Assistant to the Governor on Primary Health was directed to take charge of the ministry in the absence of the suspended commissioner.

Governor Nwifuru directed the suspended government officials to hand over all government properties in their possession including vehicles to the Secretary to the State Government.

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Why we’re borrowing despite surplus revenues – FG

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Nigeria’s Minister of Finance, Mr Wale Edun

Why we’re borrowing despite surplus revenues – FG

The Federal Government has defended its decision to borrow to address budget deficits, despite surpassing revenue targets in 2024.

Finance Minister Wale Edun and Budget Minister Atiku Bagudu clarified this position during a session with the National Assembly’s Joint Committee on Finance, Budget, and National Planning. The meeting focused on the 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

Last week, the National Assembly approved President Bola Tinubu’s $2.2 billion loan request to fund the N9.7 trillion deficit in the 2024 budget partially.

During the session, key agency heads, including Nigerian National Petroleum Company Limited (NNPCL) CEO Mele Kyari, Customs Comptroller-General Bashir Adeniyi, and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji, presented their revenue reports.

The agencies reported exceeding their 2024 targets.

  • Customs Service: Generated ₦5.352 trillion by September 30, surpassing its ₦5.09 trillion target for the year. For 2025, the agency projects ₦6.3 trillion, with a 10% increase planned for 2026.
  • NNPCL: Achieved ₦13.1 trillion in revenue, exceeding the ₦12.3 trillion projection for 2024. Kyari announced a ₦23.7 trillion revenue target for 2025.

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  • FIRS: Surpassed multiple tax collection goals, including ₦5.7 trillion from company income tax against a ₦4 trillion target. Education tax collections also exceeded expectations, reaching ₦1.5 trillion compared to a ₦70 billion target.

Overall, ₦18.5 trillion of the ₦19.4 trillion 2024 revenue target had been achieved by September, indicating the goal will be exceeded by year-end.

Despite these surpluses, the government insists borrowing remains essential to cover budget gaps and support vulnerable populations.

Bagudu explained, “Even with agencies exceeding revenue targets, borrowing is necessary to address deficits and boost productivity, particularly for the poorest. This aligns with Agenda 2050, which aims for a GDP per capita of $33,000.”

Edun also reiterated that loans were critical for adequately funding the budget.

The committee, led by Senator Sani Musa, questioned the rationale behind the borrowing and demanded further transparency. The Immigration Service was specifically asked to provide documents regarding an “unacceptable PPP arrangement” before the end of the week.

The session underscored the government’s balancing act between increased revenues and fiscal challenges requiring external borrowing.

Why we’re borrowing despite surplus revenues – FG

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