In a development on Monday in Abu Dhabi, President Bola Ahmed Tinubu and UAE President Mohamed bin Zayed Al Nahyan reached an agreement that has resulted in the immediate lifting of visa restrictions for Nigerian travelers.
Furthermore, both Etihad Airlines and Emirates Airlines are set to resume their flight schedules to and from Nigeria without delay, as per the negotiated terms between the two leaders. Importantly, the resumption of flight services does not involve any immediate financial obligations for the Nigerian government.
As part of this agreement, a framework has been established for significant investments, amounting to billions of U.S. dollars, in various sectors of the Nigerian economy, including defense and agriculture. These investments will be made by UAE Government’s investment arms.
Additionally, the two leaders have successfully negotiated a joint foreign exchange liquidity program, with detailed information to be announced in the coming weeks.
In closing, President Tinubu expressed his appreciation to UAE President Mohamed bin Zayed Al Nahyan for his enduring friendship and efforts to enhance relations between the two nations.
Good evening Nigerians – Home and abroad,— Bola Ahmed Tinubu (@officialABAT) September 11, 2023
Today, in unity with my friend, UAE President Sheikh Mohamed bin Zayed Al Nahyan @MohamedBinZayed , we have initiated a new era of collaboration and friendship between our nations – Nigeria and the United Arab Emirates.
We've also laid… pic.twitter.com/06XROxcTZT