In a recent statement on X (formerly Twitter), Daniel Bwala shared his perspective on president Tinubu’s deal with India and afterwards with the UAE. Bwala expressed skepticism about labeling it a “landmark” deal, citing several factors. Firstly, he pointed out that the flight ban was a result of Nigeria’s CBN non-payment of funds owed to the emirate, with promises of repayment from PBAT. Additionally, he noted that visa restrictions were imposed due to an increase in Nigerian crime rates in the UAE.
Bwala emphasized that the lifting of travel restrictions doesn’t necessarily equate to increased foreign investment, as the UAE primarily focuses on attracting investments into its own country rather than investing abroad. He argued that the deal primarily benefits the UAE, allowing it to continue receiving alleged illicit funds and investments from Nigerian public officials.
Furthermore, Bwala highlighted the absence of any official confirmation regarding the so-called landmark deal from UAE government sources. He suggested that this might be because the UAE is awaiting Nigeria’s fulfillment of promises to repatriate emirate’s money.
In conclusion, Bwala cautioned against being swayed by photo-ops, handshakes, and statements, emphasizing the need for concrete timelines and deliverables. He drew parallels with past administrations and their claims of attracting investments, stressing the importance of governing with substance rather than rhetoric. Bwala urged leaders to address pressing issues in Nigeria, including poverty, corruption, healthcare, education, insecurity, and legitimacy crises.