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The chairperson of Geregu Power Plc said Nigeria had failed to attract investments owing to the diplomatic strains, adding that the visa ban reversal will improve Nigeria’s stock exchange.
Femi Otedola, billionaire businessman, has commended President Bola Tinubu for resolving the United Arab Emirates (UAE) visa ban on Nigerians.
While commenting on the efforts by Tinubu to resolve the impasse between Nigeria and UAE, Otedola said the resolution of the dispute proved the President’s strong leadership qualities.
“Only a leader who understands the importance of business would appreciate the enormous opportunities to be derived from restoring business relations between both countries,” Otedola said in a statement.
“One of the understated benefits of this announcement is its potential ability to transform the stock exchange,†the statement reads.
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