Top Story

Robbery In UAE and Visa restrictions on Nigerians, a blessing – Soyede

209

A Presidential candidate in the just concluded General Elections and an entrepreneur, Mr. Alistair Soyede has said that the unfortunate the robbery news in the United Arab Emirates by five Nigerians and the visa restriction on Nigerians is a blessing on the African most populous nation.

Soyede, who is also an entrepreneur said that while the robbery incidents has forced the UAE government to reduce tourism and visa period of Nigerians entering into the country from three to one month, the action remains a blessing to Nigeria, Nigerians and the government.

The entrepreneur turned politician also said that based on investigations, Nigerians spend between N450 billion to N550 billions in the UAE annually, adding that few years ago, more than 300,000 Nigerians visited the UAE spending more than N500 billion.

Soyede also said; “A rough guide indicated where the money was spent as: N15 billions on Visa,
N100 billions on flights, N180 billions on accommodation/hotels and N200 billions on what to buy, clothing etc as in shopping.

“Nigerians rush to UAE because of its proximity, relaxed and well organized activities among others compared to the Western nations for holidays, investment, religious freedoms and cheaper products on top of the easier processing of visas.”

The former presidential candidate also that Nigeria will now have its citizens spending lesser time in the UAE, adding that the development will help to boost the nation’s economy.

He therefore called on the Nigerian government to take advantage of the development and capitalise on this sudden break on tourism to the UAE for national development.

According to him; “In term of investments, Nigerians ranked second after India especially in the property market. This incidence will also help the Nigerian government to seal and deal more precisely on insecurity and what needs to be done to criminals without delay.

“What we are going to see is the opportunity to gain from the shorter stays which will be to our advantage allowing the country to capture the unspent fund.”

He therefore called on Nigerians, particularly those with the means, to use their resources to help mentor, guide and counsel our youths and those with entrepreneurial skills to achieve higher success and productivity with their times and avail-abilities to avoid further such negative incidences.

Leave a comment

Related Articles

FG secures conviction of 125 Boko Haram terrorists, financiers

The Federal Government says it has secured the convictions of more than...

Nigeria’s economy on recovery path, says Tinubu

President Bola Tinubu has said the nation’s economy is on a gradual...

Ohanaeze President-General, 81-year-old Emmanuel Iwuanyanwu, exits

The President General of Ohanaeze Ndigbo, Chief Emmanuel Iwuanyanwu, is dead. Aged...

Breaking: Nationwide protest: Tinubu, APC governors hold closed-door meeting in Aso Rock

President Bola Tinubu is currently presiding over a closed-door meeting of the...

Breaking: Tragedy strikes in Lagos as building collapses, claiming three lives

A building collapsed in the wee hours of Thursday at Arowojobe Estate...

Nigeria, U.S. Customs partner to combat illicit drug, arms trade using AI

The Federal Government has concluded plans to curb illicit trade in drugs...

Mass trial of terrorism suspects resumes – FG

The National Counter-Terrorism Centre, Office of the National Security Adviser, has said...

Why FG injected N1trn palliatives into manufacturing sector – Finance Minister Edun

The Federal Government has disclosed that a total sum of N1 trillion...

Tinubu urges Nigerian youths to shelve August 1 national protests

President Bola Tinubu has called on Nigerians to shelve the planned ‘EndBadGovernance’...

Just in: NNPC Ltd’s GCEO, Kyari, debunks claims he owns blending plants in Malta

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited...

NPA generated N541bln revenue in first half of 2024, says outgoing MD, Bello-Koko

The Nigerian Port Authority (NPA) generated ₦541 billion revenue in the first...

Dr. Dantsoho, new NPA MD, assumes duty, commits to improved revenue generation, port efficiency

The new Managing Director/CEO of the Nigerian Ports Authority (NPA), Dr. Abubakar...

Just in: 119 passengers escape deaths as Max Air four tyres burst during takeoff at Yola airport

The Max Air Boeing 737, with registration 5N-ADB and 119 passengers and...

Ex-NNPC GMDs commend Kyari’s strides, fight against economic saboteurs

The former Group Managing Directors (GMDs) of the Nigerian National Petroleum Corporation...

Afam Osigwe, SAN, elected NBA President

Following a successful online voting process, the Nigerian Bar Association (NBA) has...

Breaking: Finally, reinstated Edo Deputy Gov. Shaibu defects to APC

At last, the reinstated Deputy Governor of Edo State, Philip Shaibu, has...

CBN targets $1trn economy by 2030

The Central Bank of Nigeria (CBN) is targeting a $1 trillion economy...

With giants campaign, First Bank is truly woven into society’s fabric

The ‘Giant in you’ campaign of the FirstBank has again confirmed the...