BREAKING NEWS, Business
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NIGERIA, on Sunday, February 28, signed a bilateral air services agreement, BASA, with the State of Qatar to pave way for direct flights between major cities of both countries.
A statement by Femi Adesina, special adviser to the president on media and publicity, stated that the agreement was signed on in Doha.
Both countries also signed an agreement to avoid double taxation and tax evasion on the sideline of President Muhammadu Buhari’s state visit to Qatar.
According to Adesina, Hadi Sirika, minister of state for Aviation, representing Buhari, signed the air services agreement on behalf of the country while Jassim Bin Saif Alsulaiti, Qatar’s minister of transportation and communications, signed on behalf Sheikh Tamim Bin Hammad Al-Thani, emir of Qatar.
The agreement which was signed in the presence of both leaders is expected to operate on the principle of reciprocity by the designated airlines on behalf of the countries.
The agreement on bilateral air service is also expected to promote trade, commerce and tourism between the two countries just as Nigeria has also started discussions on partnerships towards establishing a national airline for Nigeria.
Kemi Adeosun, Nigerian minister of finance, also signed the agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes income with Ali Shareef Al Emadi, her Qatari counterpart.
The agreement on the avoidance of double taxation which had been negotiated since February 2015, is expected to bring in more investments and businesses between Qatar and Nigeria.
— Feb 29, 2016 @ 12:18 GMT
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