The United Arab Emirates (UAE), on Monday, lifted its months-long visa ban on Nigerians.
This is as Etihad and Emirates Airlines are to resume flight operations to Nigeria with immediate effect.
The decision follows talks between President Bola Ahmed Tinubu, and his Emirati counterpart, Mohamed bin Zayed Al Nahyan.
According to a statement by Presidential Spokesman, Ajuri Ngelale, on Monday evening, in recognition of President Tinubu’s economic development diplomacy drive and proposals 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 defence, agriculture and others, by the investment arms of the Government of the United Arab Emirates.
Additionally, he said President Tinubu was 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 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.
Recall the UAE had slammed a visa ban on Nigerians seeking to visit Dubai in October 2023.