Local experts are upbeat that the new Nigeria-UAE agreement, facilitated by President Bola Ahmed Tinubu, will increase the country’s foreign investments and revenue generation.
The return of Emirates and Etihad Airlines to the nation’s aviation industry, according to experts, will lower airfares on international routes, boost investment, and generate jobs.
According to reports, President Bola Ahmed Tinubu and President of the United Arab Emirates (UAE), Mohamed bin Zayed Al Nahyan, reached a historic agreement yesterday, which has led to the immediate lifting of the visa requirement for visitors from Nigeria.
By virtue of this historic agreement, flights into and out of Nigeria by both Emirates and Etihad Airlines must resume right away.
The statement also stated that the Nigerian government would not be making any payments right away in order for flight operations to resume immediately through the two airlines and between the two nations.
Dr. Gabriel Olowo, the former president of the Aviation Round Table Initiative (ARTI), and Olumide Ohunayo, the director of research at Zenith Travel Consult, both agreed that the president’s peace initiative would be good for the economy of the nation when speaking in light of his visit to the United Arab Emirates and the immediate lifting of the visa requirement for Nigerian travellers.
