Business Nigeria Signs Two Key Agreements With Qatar

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LequteMan

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Nigeria and the Qatar have signed a Bilateral Air Services Agreement, BASA, in Doha on Sunday to pave way for direct flights between major cities of both countries.

The two countries also signed an agreement to avoid double taxation and tax evasion. These are on the sideline of President Muhammadu Buhari’s visit to the country.

The Minister of State for Aviation, Hadi Sirika, representing President Muhammadu Buhari, signed the air services agreement on behalf of the country while Qatar’s Minister of Transportation and Communications, Jassim Bin Saif Alsulaiti, signed on behalf the Emir of Qatar, Tamim Bin Hammad Al-Thani.

The Minister of Finance, Kemi Adeosun, also signed the agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes income with her Qatari counterpart, Ali Shareef Al Emadi.

It is also expected that the agreement on bilateral air service will promote trade, commerce and tourism between the two countries just as Nigeria has also commenced discussions on partnerships towards establishing a national airline for Nigeria.

The agreement on the avoidance of double taxation which had been negotiated since February 2015 will no doubt bring in more investments and businesses between Qatar and Nigeria.
 

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