* Meeting to facilitate billions of U.S. dollars worth of new investments into Nigerian economy
By Nudoiba Ojen
The United Arab Emirates has lifted the visa ban placed on Nigerian travelers with immediate effect.
This followed a meeting between Nigeria’s president, Bola Ahmed Tinubu and his UAE counterpart, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi.
The Special Adviser to President Tinubu on Media and Publicity, Chief Ajuri Ngelale, said, “The two leaders have finalized a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travelers”.
Ngelale said in a statement on Monday that “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.
“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.
“In conclusion, the President wishes to commend 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.
