President Bola Ahmed Tinubu has secured landmark agreements with the United Arab Emirates (UAE), and the prohibition on Nigerians obtaining visas has been lifted.
Tinubu’s spokesman, Ajuri Ngelale, stated in a statement that the president and the ruler of the UAE, Mohamed bin Zayed Al Nahyan, met in Abu Dhabi on Monday to finalize the historic agreement that has resulted in the immediate lifting of the prohibition on Nigerian travelers.
“Furthermore, under the terms of this historic agreement, Etihad Airlines and Emirates Airlines will immediately resume their flight schedules into and out of Nigeria,” Ngelale said.
As negotiated between the two heads of state, the immediate restoration of flight activity via these two airlines and between the two nations does not necessitate an immediate payment from the Nigerian government.
Ngelale added that an agreed-upon framework has been established in recognition of Tinubu’s economic development diplomacy initiative and the president’s proposals to his counterpart.
Several billions of dollars’ worth of new investments will be made across multiple sectors of the Nigerian economy, according to this newly agreed-upon framework.
Investments will be made by the investment branches of the United Arab Emirates government in sectors such as defense, agriculture, and others.
“Additionally, President Tinubu is pleased to have successfully negotiated a joint, new foreign exchange liquidity program between the two governments, which will be announced in detail in the coming weeks,” Ngelale stated.
“In conclusion, the President would like to commend the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, for his unwavering friendship and his determined effort to join hands with him to fully normalize and reset to excellence the standard of relations between the two significant countries.”