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 travelers.
A state house press statement issued by presidential spokesperson Ajuru Ngelale explained that by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria.
As negotiated between the two leaders, 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.
The spokesperson further explained that President Tinubu’s economic development diplomacy drive and proposals were presented to his counterpartwhereby 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, the statement added that President Tinubu is pleased to have successfully negotiated a joint, new foreign exchange liquidity programme between the two Governments, which details would be announced in the coming weeks.
The statement concluded that President 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.”
- TMS News