This was disclosed by Mr. Aidan Thomas Iynan, head of Products and Solutions Architecture at Baladna, during a courtesy visit to Ogun State Government House.

The delegation, led by Aisha Rimi, executive secretary of the Nigeria Investment Promotion Commission (NIPC), met with Governor Dapo Abiodun to discuss potential areas of collaboration.

Iynan emphasised that the company has invested heavily in an integrated dairy farm along with the government of Qatar, which has become the biggest single dairy farm in the world. With the company’s expertise, Ogun State and the country as a whole are set to achieve remarkable results.

He added that the drought in Syria and flash floods in North America, the Mediterranean, and North Africa will eventually affect countries relying on imports to address food insecurity, and therefore, Nigeria should work towards becoming self-sufficient in dairy production.

Stating that the purpose of the visit was to explore possibilities in the country while discussing collaboration with the Ogun state government, especially regarding land acquisition.

In his response, the Governor noted that demand for milk has surged to 1.6 billion litres per year, with major supply coming from imports as most companies running dairy farms tend to rely on importing powdered milk.

He said:

“I think that you represent the kind of company that we would like to work with, and we are confident that you will work with Nigeria to achieve the Renewed Hope Initiative in agriculture. If within one month you were able to achieve 35 percent of milk supply in Qatar and within six months you became self-sufficient, I have no doubt that you can achieve that here in Nigeria.”

The Governor noted that the company will contribute significantly to job creation and individual prosperity in the state, urged the company to consider establishing itself in the state, emphasizing the company’s alignment with the state’s goals.Baladna, a dairy company based in Qatar, is set to invest millions of dollars in a food processing factory in Ogun state, Nigeria.

Key findings:

• Leading the list of the most financially healthy countries, San Marino has the ability to cover its national debt in just 2.7 months.
• 4 out of 10 most financially healthy countries are in Europe.

A recent study by Banking Methods company analyzed various data to determine the most financially healthy countries, focusing on key metrics such as GDP per capita, debt per capita, and average yearly salary.

Firstly, the countries with the highest GDP were determined. The debt per capita and average yearly salary were then determined to calculate the time required for citizens to cover the national debt, ranking the countries accordingly.

Leading the list of the most financially healthy countries, San Marino has the ability to cover its national debt in just 2.7 months. 

With the lowest debt per capita on the list at $10,604 and a high average yearly salary of $47,120, San Marino demonstrates strong financial health.

In second place, Israel can cover its national debt in approximately 3.5 months. The debt per capita is $16,019, while the average yearly salary is $55,140. Israel’s high salary levels contribute significantly to its financial stability.

Finland ranks third, being able to cover its national debt in 0.71 years (approximately 8.52 months). Finland’s strong average income of $54,930 ensures its position among the most financially healthy countries despite having higher debt levels.

Austria takes the fourth spot, with residents needing about 9.48 months to pay off their national debt. The average yearly salary is $55,720, while the debt per capita stands at $44,168, only 79% of the salary.

Holding the fifth position, Ireland has a debt coverage time of 9.6 months. Ireland’s high-income levels play an important role in its position. The debt per capita is $63,414, and the average yearly salary is $79,730, the highest among the top 10.

New Zealand ranks sixth, needing approximately 9.72 months to cover its national debt. With a debt per capita of $39,924 and an average yearly salary of $49,090, New Zealand shows strong financial stability.

Japan comes in seventh, with residents requiring about 9.84 months to cover the national debt. The debt per capita is $34,832, and the average yearly salary is $42,440.

Despite having a lower average salary of $42,440, Japan’s not big external debt ensures it remains a financially healthy country.

In eighth place, Brunei is able to pay off its national debt in about 10.44 months. Brunei’s financial health is manageable, even with the lowest average yearly salary of $31,410.

The Bahamas ranks ninth, with residents taking about 11.04 months to cover their national debt.

Even with the lowest GDP per capita in the ranking, the Bahamas shows its ability to handle its finances with a debt per capita of $44,200 and an average yearly salary of $48,124.

Qatar rounds off the list, with residents needing about a year to cover the national debt. The country manages the external debt even with the highest debt per capita on the list at $70,471, and the average yearly salary is $70,120.

According to him,

“Two Abu-Dhabi based companies, Masdar and Taqa expressed interest in collaborating with the Kaduna State Government in the areas of power generation and distribution using gas.”

His word: “We held fruitful meetings with investors in the areas of solid minerals, agriculture, and energy and infrastructure development. CGK GLOBAL, a waste management company with capacity to generate hydrogen and electricity wants to set up a plant in Kaduna with the possible injection of 350million dollars.

Mr. Sani also revealed that Kaduna Stare was able to attract investors across mining, health and medical services, gas and agriculture – which constitutes one of the seven pillars of his administrations SUSTAIN manifesto.

In a statement, Mr. Sani said that the state visit gave the Kaduna State Government the opportunity to strengthen its existing partnerships with the Qatari Government and the state-led humanitarian organization, Qatar Charity while exploring new areas of cooperation.

The governor stated further: “International corporations such as PASKO Limited, a South Korean international mining company with specific interest in lithium wants to invest in Kaduna State. Another international mining consortium, TROVEC Group expressed interest in collaborating with the Kaduna State Government in prospecting, exploring and exploiting different mineral deposits, as well as the establishment of a mining infrastructure fund.

The Governor noted that;

“Visitations was also paid to one of the leading hospitals in Qatar, Sidra Hospital located in Doha, to study its healthcare model and explore the possibility of forging a partnership with the hospital to boost healthcare delivery in Kaduna State. Whilst having discussions on a cooperative agreement in respect of the running of the state-of-the-art 300-bed Kaduna Specialist Hospital, “

He said:

“In the area of Agriculture, meetings were held with the Managing Director of Stallion Group Nigeria to finalise discussions on the establishment of a 100,000 – hectare rice farm, as well as the setting up of an assembly plant for Ashok Leyland in Kaduna. We also held a meeting with representatives of a Qatar based real estate company, Dream Construction, which expressed interest in partnering with the Kaduna State Government to develop the Mando Mechanics Village.”

Sirika says the restrictions on both sides are making it difficult for the two countries to connect as expected.

According to his Twitter post on the Federal Aviation Ministry page, the Aviation Minister said Nigeria and Qatar should have a sustainable relationship.

Mr. Silica said Qatar is rich in oil and gas, as well as other areas of investment, just as Nigeria has the necessary infrastructure for smooth business operations.

In the past, Nigeria has had slight disputes with some Middle East countries when it comes to visa policies and even route connectivities.
Last year, the United Arab Emirates (UAE) immigration authorities announced a ban on visa applications from Nigerians over a diplomatic row.