Nigeria’s economy is set for a major boost as the Future Union Group of Qatar, led by a member of the Qatari royal family, Sheikh Abdul-Rahman Al-Thani, has pledged substantial investments across key sectors to support the country’s development agenda through direct foreign investment.
The Qatari-based conglomerate, which operates in several African and Middle Eastern countries including Liberia, Burkina Faso, Cameroon, Gabon, South Sudan, Saudi Arabia, and Oman, has its global headquarters in Qatar.
Chairman of the Board of Directors of Future Union Group, Sheikh Abdul-Rahman, disclosed this in Abuja during a press briefing, expressing optimism about Nigeria’s economic prospects and describing the country as “Africa’s future investment destination.”
“We are seeing new things here in Nigeria and new opportunities for investment. Nigeria represents the future for us as the Future Union Group. We are so happy to be here,” he said.
In his remarks, the Deputy Chairman of Future Union, Dr. Hassan Daghriri, said the organisation’s level of commitment to Nigeria would depend on the investment opportunities identified in the country.
“We are a global company, we are opening in Africa and we are happy to come here to see new opportunities and investments in Nigeria,” Daghriri stated.
Also speaking, the Chief Executive Officer of Future Union, Dr. Abdeljalil Sharaf, expressed confidence in Nigeria’s potential to attract sustainable foreign investment. He said the group, with branches in more than 60 countries, focuses on oil and gas, energy, construction, infrastructure, railways, communication, and transportation.
Sharaf noted that Future Union was working closely with international banks and economists to strengthen investment collaboration across Africa, adding that the company was ready to make substantial investments in Nigeria’s economy.
“Whatever Nigeria can provide in terms of an enabling environment, we are prepared to invest our minds and resources to build a stronger future for this country. The team is eager to commence operations and collaborate with key stakeholders to drive national development,” he said.
The International and Regional Director of Future Union, Mrs. Maral Godalazian, explained that the company’s mission in Nigeria was being carried out under the patronage of Mrs. Adebowale Odutola and its local partner, Prince Kaseem Odibo.
She said the group is committed to advancing development through business partnerships, contracting, and digital transformation initiatives.
“We have a huge interest in Nigeria—in business development, construction, and contracting. We are backed by global banks and economists who are ready to work with Nigerian institutions to build a better economic future. Our partners include major players in infrastructure, energy, aviation, telecommunications, and digital transformation,” she said.
Speaking earlier, the General Manager of Future Union Nigeria, Mr. Kaseem Odibo, described the Qatari investors’ visit as “a great privilege and a testament to the country’s growing investment appeal.”
He said Nigeria offered vast opportunities for meaningful partnerships across various sectors, assuring that the company’s presence would contribute to national growth and job creation.
Chairman of Elan Vert Nigeria Limited, Mrs. Adebowale Odutola, who hosted the visiting delegation, described the investment mission as proof of Nigeria’s rising profile as a top destination for global investors.
She said Future Union’s entry into Nigeria would unlock new opportunities across multiple sectors, urging government and private stakeholders to provide the necessary enabling environment.
“Future Union’s entry into Nigeria will open new opportunities across multiple sectors. My prayer is that Nigeria will be able to accommodate this enormous investment so that, in the next ten years, the country will become the pride of Africa as its largest economy,” Odutola stated.
