According to a post on X by Ajuri Ngelale, Special Adviser to the President on Media & Publicity, this agreement has led to the immediate lifting of the visa ban imposed on Nigerian travelers.
This significant development also includes the prompt resumption of flight schedules by both Etihad Airlines and Emirates Airlines to and from Nigeria, with no associated immediate financial obligations for the Nigerian government.
As part of the negotiations between the two Heads of State, an established framework outlines substantial investments worth billions of U.S. dollars into the Nigerian economy.
These investments will span various sectors, including defense, agriculture, and others, facilitated by the investment arms of the United Arab Emirates Government.
President Tinubu’s successful negotiation efforts have also resulted in a joint foreign exchange liquidity program between the two nations, with more details to be revealed in the coming weeks.
President Tinubu commends President Mohamed bin Zayed Al Nahyan for his unwavering friendship and commitment to resetting and elevating the bilateral relations between Nigeria and the United Arab Emirates to a new level of excellence.