Why I made tough economic decisions — Tinubu

President Bola Tinubu on Friday reaffirmed his administration’s commitment to economic reforms, emphasizing that certain decisions were made to ensure Nigeria’s long-term growth.

He made these remarks at the State House in Abuja during a meeting with Dr. Mohammed bin Abdulaziz Al-Khulaifi, a special envoy from the Amir of Qatar.

Tinubu highlighted ongoing efforts to simplify Nigeria’s tax system, stating that these reforms have enhanced the ease of doing business for foreign investors in the country.

“We are making efforts to reform our tax system. Going by the experiences of the past and the need to depart from old ways, our reforms have been hard.

“I made tough decisions so that we could grow. We are gradually seeing the light at the end of the tunnel,” the President was quoted as saying in a statement by his spokesman, Bayo Onanuga.

“You can’t find a better partner than Nigeria. I always follow the global issues and your efforts. You have to do more in Nigeria to help fight poverty in the humanitarian area.

“You have done well in developing a knowledge-based economy in Qatar, but what about Nigeria?

The President said Nigeria’s partnership with Qatar could be improved by looking into food sovereignty and economic prosperity.

Tinubu indicated Nigeria’s readiness to build on the momentum generated by his state visit to Qatar in 2024, pledging to implement all bilateral agreements between the two countries.

He directed the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu; the Minister of Information and National Orientation, Mohammed Idris; and the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, to work together to ensure the timely execution of the agreements.

“To all the members of the delegation, I want to say a big thank you for coming to Nigeria. We are grateful to God for what we have experienced as partners in progress. I am also glad that the Amir of Qatar greatly remembers the issues discussed during my visit last year.

“Let me commend the brotherly relations between Qatar and Nigeria. The ambassador knows that I take Qatar very seriously. We are willing to go further in our bilateral relations,” he said.

According to Tinubu, the Qatari government has demonstrated maturity and foresight in working for global peace and deserves commendation.

“I am proud of your efforts to bring peace and stability to the world. I see your efforts in human development, peace, and prosperity. Like you, we are sandwiched between the challenge of terrorism and helping our neighbours. We are conscious of who our friends are and those helping us to ameliorate the problems,” he said.

Dr Al-Khulaifi, Qatar’s Minister of State for Foreign Affairs, conveyed Amir’s strong interest in expanding bilateral cooperation, announcing that a high-level Qatari business delegation would visit Nigeria in the coming weeks to explore opportunities in agriculture, food security, and other critical sectors.

He also conveyed the Amir’s desire to strengthen the strategic partnership with Nigeria, particularly in peace-building, agriculture, and petrochemicals. He expressed pride in the current level of relations and looked forward to expanding both government-to-government and people-to-people ties.

“We are proud of the level of relations we have reached with Nigeria. I am very impressed with our partnership with the country, which is not just government-to-government but also people-to-people.

“Our ambassador has been following up with the projects. We have much to do together in agriculture, food, and petrochemicals. We have some companies telling us that we should create a way for them to come into Nigeria,” he was quoted as saying.

Al-Khulaifi, whose responsibilities include mediating peace in Africa and the Middle East, added, “The message I have from His Highness, Amir of Qatar, is that he wants Nigeria to be a strategic partner in Africa,” he added.