Nigeria has eased its visa rules in an effort to boost trade and tourism as an African trade agreement promoting freer movement of goods and services comes into effect, Interior Minister Rauf Aregbesola.
“The objective of the reforms … is to strengthen Nigeria’s position as a key economy in Africa by attracting more foreign direct investment … and lifting Nigeria’s teeming population out of poverty,” Aregbesola said.
The new visa policy is expected to boost tourism, aviation, entertainment, commerce and other areas where Nigeria has comparative advantage over other African countries, as African nationals will be able to get a visa on arrival in Nigeria.
President Muhammadu Buhari said the new policy would improve the business environment, attract foreign investment and boost tourism without compromising national security.
In July, 2019, President Buhari signed up to the African Continental Free Trade Agreement, which aims to unite 1.3 billion people and create a $3.4 trillion economic bloc that could usher in a new era of development.