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The landmark agreement was signed by His Excellency Sultan Ahmed bin Sulayem, Dubai World Chairman and the Honourable Chief Michael Kaase Aondoakaa, San, Attorney General of the Federation and Minister of Justice for the Federal Republic of Nigeria. Also present at the signing ceremony were Abdul Wahid Al Ulama, Vice Chairman of DNRW, Gary King, CEO of DNRW, and His Excellency Alhaji Bashir Yuguda, the Nigerian Ambassador to the United Arab Emirates, who played an important role in facilitating the signing of the cooperation agreement.
Speaking at the ceremony, the Honourable Chief Michael Kaase Aondoakaa (SAN), Attorney General of the Federation and Minister of Justice, hailed the agreement as the latest positive development in the thriving relationship between the Federal Republic of Nigeria and the Emirate of Dubai. .
His Excellency Sultan Ahmed bin Sulayem, Dubai World Chairman, commented:
"This historic agreement consolidates Dubai World's strategy of tapping new business sectors leveraging the expertise of the group's various companies to make sound, strategic, long-term investments in the field of energy and natural resources. Nigeria is a land of considerable opportunity and it is entirely appropriate that Dubai World will partner with the Government of Nigeria to help harness this enormous potential over time."
Commenting on the role of Dubai Natural Resources World, Abdul Wahid Al Ulama, DNRW Vice Chairman added: "We are tasked with building a diversified portfolio of investments in companies and assets related to natural resources located in developing markets. It is extremely exciting that we will be involved directly in the oil and gas aspects of this landmark cooperation agreement. DNRW looks forward with excitement to contributing to the Nigeria growth story."
