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Highlights of the Emir of Qatar’s state visit to Rwanda and his arrival in Nigeria.
His Highness Sheikh Tamim Bin Hamad Al Thani, the Emir of Qatar, spent the last few days visiting Rwanda before jetting off to Nigeria.
In Rwanda, President Kagame hosted the Emir for Tête-à-Tête. Both Leaders had fruitful conversations on ways to strengthen their cooperation. More so, they spoke on regional and international issues hindering peaceful development and economic collaboration. Moving on, both leaders witnessed the signing of 4 agreements in sectors of culture, sports, tourism, and aviation. These agreements and memorandum of understanding were celebrated with a State Dinner. Which also marked the end of the Emir’s three day state visit in Kigali.
— Presidency | Rwanda (@UrugwiroVillage) April 21, 2019
Nigeria‘s President Buhari welcomed the Emir with a colourful troop stationed at the Airport. During his visit, both leaders will seek to strengthen their cooperation in Oil and Gas, Power, Aviation, Agriculture, and Education. President Buhari is using the opportunity to appeal for funds towards the recharging of Lake Chad. Importantly, this will revive economic activities in the Northern states plagued with insurgency and illegal migration.
I was pleased to welcome the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al-Thani @TamimBinHamad to Abuja, on his first visit to Nigeria. There are many areas in which Nigeria and Qatar can cooperate — oil and gas, power, aviation, agriculture, education, and others. pic.twitter.com/PcOfcUFpfp
— Muhammadu Buhari (@MBuhari) April 23, 2019
It is important to note that Qatar is famous for having a high standard of living for its legal citizens. This has been aided by the fact that corporate law mandates that Qatari nationals hold 51% of any venture in the Emirate. Plus having has one of the lowest tax rates in the world, the nation has proven to be on a growth trajectory. In 2016, International Monetary Fund reported that Qatar has the fourth highest GDP per capita in the world. However, in recent times, the nations GDP has tapered off indicating a decline in economic activities due to the slump in oil prices. Plus the increased oil and gas competition from the United States is not helping their situation. Hence, most Oil nations like Qatar are seeking to reposition themselves by forming new allies and trading partners.