The lifting of the UAE visa ban is expected to bring about a transformation in the stock exchange, a
Billionaire businessman Mr. Femi Otedola expressed his appreciation on President Bola Tinubu's successful resolution of the United Arab Emirates (UAE) visa ban for Nigerians. In a statement, Otedola commended Tinubu for his strong leadership qualities demonstrated in resolving the dispute between Nigeria and the UAE.
He remarked, "We should all applaud Mr. President for his astute diplomacy in ultimately resolving this issue. A leader who recognizes the significance of commerce is the one who can grasp the immense potential that comes with reinstating business ties between the two nations."
"One of the often overlooked advantages of this announcement is its potential to revolutionize the stock exchange.
"Middle Eastern investors are among the most financially robust globally, and it's been unfortunate that, aside from a few investments in Dangote Cement and Ecobank Transnational Incorporated, Nigeria hasn't been able to attract capital from these regions.
"Indeed, Asiwaju Tinubu has exhibited exemplary leadership, and his approach stands in stark contrast. He's leading by example, and his economic diplomacy, which we hope he continues, is poised to significantly alter the country's image, draw foreign investments, and enhance Nigeria's international reputation.
"We must all come together to support this administration, looking beyond our differences. Nigeria is in dire need of foreign exchange, and the President's action will help boost forex inflows into the country. It deserves commendation."
While commending the recent economic decisions made by the President, Otedola expressed confidence that the policies of Tinubu's administration would soon yield positive outcomes.
He remarked, "It's important to emphasize that his decisive policies since taking office exemplify the qualities of a genuine leader who is unafraid to take necessary actions when they are in the national interest.
"Undoubtedly, the prevailing challenges will gradually subside as these policies start yielding positive results. I firmly believe that the right steps are being taken, and we are on the right path."
"When Asiwaju Tinubu is working, Nigeria will thrive. I encourage my fellow citizens to exercise patience."
"With Asiwaju's policies, Nigeria will make a complete recovery in just a few years. We are currently enduring the turbulence before the tranquility.
"Now, the storm is gradually subsiding. I am confident that in the very near future, we will start to see the inevitable calm and the subsequent progress."
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