The historic agreement between President Bola Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan started yielding positive result as the United Arab Emirates (UAE) lifted the visa ban on Nigerians.
The news was contained in a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale on Monday.
UAE has placed the visa ban on Nigerian travelers for almost one year.
Ngelale noted 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.
The statement also added that 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.
According to the statement, “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,” the statement reads.
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