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| President Bola Tinubu during a meeting with the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan on Monday. Credit: Presidency |
The United Arab Emirates (UAE) has lifted the visa ban placed on Nigerian travellers after almost one year.
“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.”
Tinubu 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.
The UAE had in October last year banned nationals of some 20 African countries, including Nigeria from entering its capital city, Dubai.
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