Nigeria President Bola Ahmed Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, have finalized a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travellers to the UAE.
Furthermore, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria, without any further delay. As negotiated between the two Heads of State, this immediate restoration of flight activity, through these two airlines and between the two countries, does not involve any immediate payment by the Nigerian government.
In recognition of President Tinubu’s economic development diplomacy drive and proposals today presented by President Tinubu to his counterpart, an agreed framework has been established, which will involve several billions of U.S. dollars worth of new investments into the Nigerian economy across multiple sectors, including defense, agriculture, and others, by the investment arms of the Government of the United Arab Emirates.
Ajuri Ngelale, media aide to Tinubu, in a release said that “Additionally, president Tinubu is pleased to have successfully negotiated a joint, new foreign exchange liquidity programme between the two governments, which will be announced in detail in the coming weeks.”
Also, Tinubu commended the Mohammed bin Zayed Al Nahyan, UAE President, for his unalloyed friendship and his determined effort to join hands with him to fully normalize and reset to excellence, the standard of relations between the two important countries.
