Tinubu, UAE President agree on new era of collaboration

President Bola Tinubu on Monday reached an agreement with President Sheikh Mohamed bin Zayed Al Nahyan @HHShkMohd of the United Arab Emirate (UAE) on a new era of collaboration and friendship between Nigeria and the United Arab Emirates.

President Bola Tinubu with President Sheikh Mohamed bin Zayed Al Nahyan @HHShkMohd of the United Arab Emirate (UAE) during his stopover meeting in Dubai

Tinubu in excitement on the deal, declared:

Bola Ahmed Tinubu
@officialABAT

“Today, in unity with my friend, UAE President Sheikh Mohamed bin Zayed Al Nahyan @HHShkMohd, we have initiated a new era of collaboration and friendship between our nations – Nigeria and the United Arab Emirates.”

He identified the agreement to include:

1. Immediate lifting of the visa ban placed on Nigerian travelers by the UAE.

2. Resumption of flight schedules into and out of Nigeria by Etihad Airlines and Emirates Airlines, without any immediate payment required from the Nigerian government.

3. An agreed framework for new investments worth several billions of U.S. dollars into the Nigerian economy by the UAE government, covering multiple sectors including defense and agriculture.

4. A new joint foreign exchange liquidity programme between Nigeria and the UAE, details of which will be announced in the coming weeks.

5. A commitment to normalize and enhance the relations between the two countries, fostered by the collaboration between myself and UAE President Mohamed bin Zayed Al Nahyan.

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The President’s full statement reads:

Bola Ahmed Tinubu
@officialABAT

Good evening Nigerians – Home and abroad,

Today, in unity with my friend, UAE President Sheikh Mohamed bin Zayed Al Nahyan @HHShkMohd, we have initiated a new era of collaboration and friendship between our nations – Nigeria and the United Arab Emirates.
We’ve also laid a robust foundation for substantial investments in various sectors in Nigeria, a testament to our shared vision for a prosperous future.

Together, we are committed to building bridges and fostering a friendship that stands the test of time. As part of our discussions, the following have been reached:
1. Immediate lifting of the visa ban placed on Nigerian travelers by the UAE.

2. Resumption of flight schedules into and out of Nigeria by Etihad Airlines and Emirates Airlines, without any immediate payment required from the Nigerian government.

3. An agreed framework for new investments worth several billions of U.S. dollars into the Nigerian economy by the UAE government, covering multiple sectors including defense and agriculture.

4. A new joint foreign exchange liquidity programme between Nigeria and the UAE, details of which will be announced in the coming weeks.

5. A commitment to normalize and enhance the relations between the two countries, fostered by the collaboration between myself and UAE President Mohamed bin Zayed Al Nahyan.