AT A GLANCE: 5 Takeaways From Tinubu’s Stopover In UAE
That President Bola Tinubu made a stopover in Abu Dhabi, United Arab Emirates (UAE), on his way home from New Delhi, India, after the G20 Summit in the Asian country, was no longer a news.
The stopover wasn’t to refuel the Presidential Jet but to deepen diplomatic and bilateral relations between both countries.
Taking to his official X platform (formerly Twitter) on Monday evening, President Tinubu said he alongside his friend, the UAE President Sheikh Mohamed bin Zayed Al Nahyan @HHShkMohd, have initiated a new era of collaboration and friendship between their 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,” Tinubu wrote.
He highlighted the five agreements reached by both countries for immediate implementation:
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.
