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Statement by UAE Reveals No Mention Was Made on Lifting of Visa Ban

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A statement released by the government of The United Arab Emirates (UAE) has revealed that no mention was made on lifting the visa ban imposed on Nigerian travellers the the meeting its president, Mohamed bin Zayed Al Nahyan, had with his Nigerian counterpart, President Bola Ahmed Tinubu, on Monday.

News has made the rounds after the meeting that the UAE visa ban on Nigerian travellers has been lifted following the intervention of Tinubu.

Tinubu had proceeded to Abu Dahbi, UAE capital, from India, where he attended the G-20 Summit.

In a statement on Monday, Presidential spokesman, Chief Ajuri Ngelale, announced that the meeting with the UAE authorities was fruitful.

According to Ngelale, disputes on the visa ban slammed on Nigerian travellers 10 months ago, suspension of Etihad and Emirates flights were resolved at the meeting.

“President Bola Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, have finalised a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travellers.”

“Furthermore, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria, without any further delay,” Ngelale said.

However, Emirates News Agency, the official news agency of the UAE, reported that during the meeting, which took place at Qasr Al Shati in Abu Dhabi, Nahyan renewed his congratulations to Tinubu on assuming the presidency, and wished him every success in leading Nigeria and its people to further progress and prosperity.

Below is the full statement issued by UAE:

 President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, who is on a working visit to the UAE.

During the meeting, which took place at Qasr Al Shati in Abu Dhabi, His Highness Sheikh Mohamed renewed his congratulations to Tinubu on assuming the presidency earlier this year, and wished him every success in leading Nigeria and its people to further progress and prosperity.

His Highness expressed his hope that the two leaders will work together to reinforce ties between the UAE and Nigeria for the benefit of both countries.

The UAE President and Nigerian President explored opportunities for further bilateral collaboration in areas that serve both countries’ sustainable economic growth, including the economic, development, energy, and climate action fields.

The two sides also exchanged views on a number of regional and international developments of interest.

The meeting discussed the upcoming COP28 climate conference set to take place in the UAE later this year, with both parties stressing the vital importance of encouraging and enabling international cooperation to tackle global issues, including climate change.

His Highness underscored the UAE’s ongoing commitment to fostering ties with countries that share the same aspirations for stability, sustainable growth, and development and prosperity for their people. He further emphasised the particular importance the UAE attaches to its relationship with Nigeria, within the framework of its strategic vision for relations with the African continent.

The President of Nigeria expressed his pleasure to be visiting the UAE and affirmed his country’s keenness to further enhance bilateral cooperation to support sustainable development and progress in both countries.

The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Ministry of Presidential Court; Dr. Anwar Gargash, Diplomatic Adviser to the UAE President; Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation; Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure; Abdullah bin Touq Al Marri, Minister of Economy; and Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation.

The meeting was also attended by the delegation accompanying the Nigerian President, which included a number of ministers and high-ranking officials.

Daily Trust

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Senate Approves Tinubu’s ₦1.77trn Loan Request

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The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.

The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.

The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.

Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.

The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.

The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.

According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.

The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.

Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.

March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.

The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.

July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.

Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.

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Simon Ekpa Arrested, Sent to Prison on Terrorist Propaganda Charges

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Self acclaimed leader of the Indigenous People of Biafra (IPOB), Simon Ekpa, has been arrested by law enforcement in Finland.

The BBC reports that Ekpa was subsequently sent to prison by the district court of Päijät-Häme for “spreading terrorist propaganda on social media”.

Ekpa was said to have committed the crime in 2021 in Lahti municipality.

The Finnish National Bureau of Investigation (NBI) also arrested four other men over alleged terrorist offences.

A citizen of Finland and Nigeria, Ekpa has described himself as leader of the separatist IPOB group since Nnamdi Kanu’s incarceration.

Finnish police say Ekpa’s activities and social media rhetoric may have fanned the flames of violence in the south-east of Nigeria.

“He carries out these activities from his social media channels, for example,” said Otto Hiltunen, detective chief inspector of the NBI.

In February 2023,  Ekpa was arrested by police at his residence in Lahti but was released after hours of questioning.

Using his social media channels, Ekpa had directed Igbos not to participate in Nigeria’s 2023 general election.

In September 2021, the Biafra agitator and secessionist denounced Nigeria and vowed to return the medal he won for the country at the 2003 African Junior Athletics Championships.

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Court Sacks MC Oluomo As NURTW National President

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The Court of Appeal has sacked Musiliu Akinsanya aka MC Oluomo as the National President of the National Union of Road Transport Workers (NURTW).

In a ruling that upheld the earlier judgment of the National Industrial Court, the appellate court sacked MC Oluomo and reaffirmed Tajudeen Baruwa as the legitimate leader of the union.

Baruwa had assumed office after a properly conducted election held at the union’s headquarters in Abuja.

The three-member panel of the Appeal Court dismissed the appeal filed by MC Oluomo’s faction, declaring it devoid of merit.

In addition, the court imposed a fine of N100,000 on the appellants, further solidifying Baruwa’s leadership position.

Reports quoting court documents said to have been released on Friday detailed the ruling, which effectively countered any attempts to displace Baruwa from his role as the NURTW president.

The judgment read: “This is an appeal against the judgment/decision of the National Industrial Court Sitting in Abuja, in Suit No. NICN/ABJ/263/2023, delivered on the 11th March, 2024, by Justice O. O. Oyewumi.

“Upon reading the Record of Appeal compiled and transmitted before this court, together with the respective briefs of argument, and after hearing the counsels for the appellants and respondents, it is hereby ordered that:

“This Appeal is devoid of merit, and the same is hereby dismissed.”

The ruling reinforces the legitimacy of Baruwa’s presidency, concluding the legal dispute over the union’s leadership.

Meanwhile, MC Oluomo’s son Idowu Akinsanya (King West) had bragged about his feat of emerging the NURTW president, saying: “We are now in charge of Nigeria, not only Lagos,” a comment that attracted public opprobrium.

MC Oluomo, a diehard supporter of President Bola Tinubu and a prominent figure in Lagos politics, was the sole candidate in the election, which took place at the union’s zonal secretariat in Osogbo. His perceived victory was deemed to carry significant implications for the future of the NURTW and the political landscape of Nigeria.

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