A historic agreement was reached between President Bola Ahmed Tinubu and President Mohamed bin Zayed Al Nahyan of the United Arab Emirates on Monday in Abu Dhabi. As a result, Nigerian travelers no longer need a visa to enter the United Arab Emirates.
The historic agreement also requires both Emirates Airlines and Etihad Airlines to begin its flight schedules into and out of Nigeria right now, without additional delay.
This rapid restoration of flying activity, via these two airlines, and between the two countries does not entail any immediate payment by the Nigerian government, as agreed upon by the two Heads of State.
An agreed framework has been established, involving several billions of new investments by the investment arms of the Government of the United Arab Emirates into the Nigerian economy across many sectors, including defense, agriculture, and others, in recognition of President Tinubu's economic development diplomacy drive and proposals presented today by President Tinubu to his counterpart.
In addition, President Tinubu is happy to report that a collaborative, new foreign exchange liquidity scheme between the two Governments, which will be detailed in the coming weeks, was successfully negotiated.
In closing, the President thanks UAE President Mohamed bin Zayed Al Nahyan for their unwavering friendship and their commitment to working together to totally normalize and reset the country.