Tinubu Secures Landmark Deal With UAE Across Sectors – Presidency Says
- As Visa ban on Nigerian travellers is lifted immediately
President Bola Ahmed Tinubu and the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, finalized a historic agreement, which resulted in the immediate cessation of the visa ban placed on Nigerian travelers.
With this historic agreement, both Etihad and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria, without any further delay.
As part of the negotiations between the two Heads of State, the restoration of flight activity through the two airlines and between the two countries, would not involve any immediate payment by the Nigerian government.
A statement by Ajuri Ngelale, Special Adviser to the President on Media and Publicity stated that in recognition of President Tinubu’s economic development diplomacy drive and proposals today presented to his counterpart, an agreed framework has been established, which would involve several billions of U.S. dollars worth of new investments into the Nigerian economy across multiple sectors.
The sectors, according to Ngelale, included defense, agriculture, and others by the investment arms of the Government of the United Arab Emirates.
Ngelale said that 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.
Tinubu commended the UAE President, Mohamed bin Zayed Al Nahyan, 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.
