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Dubai Eases Travel Restrictions Ahead Of Africa Oil Week



East Africa’s Energy Future Shines Bright As Investors Watch

Dubai is now among only a small proportion of locations in the world for which there are no current travel restrictions. Following a decision by the UAE
Government and Dubai Tourism, travellers from all countries are now welcome to enter Dubai.

All they need to hold is a negative COVID-19 PCR test certificate, which has become standard travelling procedure in the COVID-19 era.

This is good news for the many delegates planning to attend the Africa Oil Week (AOW) in Dubai in November 2021.

Travellers from most countries will need to show the results of a negative test taken no more than 72 hours before departure. Travellers arriving from Bangladesh, India, Indonesia, Nigeria, Pakistan, South Africa, Sri Lanka, Uganda, Vietnam and Zambia must follow a slightly different procedure.

These travellers must hold a valid negative COVID-19 PCR test certificate with a QR code issued within 48 hours of the time the sample was collected from an approved health facility. And they must have a rapid PCR test report with a QR code for a test conducted at the departure airport within six hours of departure.

READ ALSO: East Africa’s Energy Future Shines Bright As Investors Watch

Travellers from selected countries will also be required to take a final test on arrival at Dubai.

“We welcome the easing of restrictions,” says Chris Hall, AOW’s Group Event Director. “They indicate that Dubai is once again open for business and reassure us of our decision to temporarily relocate AOW to Dubai.

“While we look forward to returning to Cape Town in 2022, we believe that this move is in the best interests of our delegates and will help us to run the only safe, in-person energy event for Africa this year.”

AOW is gearing up to welcome some 45 ministers and government leaders representing 66% of African governments, including Ghana, Uganda, Senegal, Côte d’Ivoire, Kenya and the Republic of the Congo.

The executive teams of the continent’s major oil and gas players, such as TotalEnergies, Eni, Equinor, Tullow Oil, Perenco, Panoro and Seplat, will also be attending. The potential for meaningful engagement, after a pandemic-induced hiatus, has been welcomed by all.

The easing of travel restrictions, of course, doesn’t mean that either Dubai or AOW will be relaxing their interventions to keep delegates safe.

“Since the start of the pandemic, a robust strategy was implemented with the key priority being to safeguard the health and well-being of our residents and guests,” says Issam Kazim, the CEO of Dubai Corporation for Tourism and Commerce Marketing.

“We continue to implement the highest standards of hygiene and COVID-19 precautionary measures across the city, with inspectors carrying out venue checks at those establishments awarded the ‘Dubai Assured’ stamp, every two weeks, to ensure ongoing compliance.

READ ALSO: North African Oil, Gas Producers Mull Fresh Strategies On Energy, Sign Up For Africa Oil Week

“These efforts, along with the progress being made with the rollout of the country-wide vaccine programme, are key to managing the virus and providing peace of mind for residents and visitors..”

“For those travelling from the UK, Dubai remains an easier option than South Africa at this stage, as the latter is still on the UK’s red list,” AOW’s Hall adds.

“The UAE is on the UK’s amber list, which means that fully vaccinated travellers will not need to quarantine when they arrive home.”

Together with its official partners, including Emirates (airline), AOW looks forward to its next event being the start of the return of safe in-person meetings, the world over.


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BREAKING:Nigeria Air Launch A Fraud – Reps



Nigeria Air

The House of Representatives on Monday faulted the purported launch of Nigeria Air in the last days of the administration of former President, Muhammadu Buhari.

The Chairman of the House Committee on Aviation, Nnolim Nnaji, declared the launch of Nigeria Air a fraud after the major stakeholders in the deal between the Federal Government and Ethiopian Airlines denied knowledge of the launch.

The Ministry of Aviation claimed Nigeria Air was only unveiled and not launched, which the committee dismissed as an attempt to divert the lawmakers’ attention.

Members of the committee were shocked when NAMA disclosed that the aircraft bearing Nigerian colours was on a chartered flight to Nigeria.

Other stakeholders who confirmed the disclosure noted that a chartered flight could be painted in any colour and with any inscriptions.

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BREAKING: CBN Speaks On Devaluation Of Naira To N630/$1



BREAKING: Old Naira Notes Deadline Stays - Emefiele
CBN Governor Godwin Emefiele

The Central Bank of Nigeria ( CBN) on Thursday denied devaluing the naira .

This clarification came from the
Acting Director, Corporate Communication, Dr. Isa AbdulMumin, in a statement titled, “CBN Has Not Devalued the Naira”.

He said: “The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report… titled “CBN Devalues Naira To 630/31”.

“We wish to state categorically that this news report, which in the imagination of the newspaper is exclusive, is replete with outright FALSEHOODS and destabilizing innuendos, reflecting potentially willful ignorance of the said medium as to the workings of the Nigerian Foreign Exchange Market.

“For the avoidance of doubt, the exchange rate at the Investors’ & Exporters’ (I&E) window traded this moming (June 1, 2023) at N465/US$1 and has been stable around this rate for a while.”

The bank advised the public to ignore the news report in its entirety, saying it’s speculative and calculated at causing panic in the market.

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BREAKING: After Subsidy Removal, NNPC Increases Petrol Price To Over N500



Senator Withdraws Support For Tinubu Over Choice Of Muslim Running Mate
President Tinubu

The Nigerian National Petroleum Company Limited (NNPC) on Wednesday adjusted the pump price of petrol by over 100% to between N488 and N557.

The development followed the announcement by President Bola Tinubu during his inaugural address on Monday that fuel subsidy was ‘gone’.

However, it was learnt that the president will meet with organised labour from 2pm Thursday (today) afternoon.

The prices have now been adjusted upward from between N189 to N194 to N537 per litre in Abuja and other North-central States.

For Lagos and other South-west states, a litre of fuel now sells for between N488 and N500 per litre.

In the South-east, the price will range from N515 to N520, while in the North-west, the price of the product was raised to N540. In the North-east, it moved from N199 to N557 per litre.

For the South-south, it is now from N511 to N525 per litre. Nigeria’s subsidy budget of N3.6 trillion for this year, expires in June, 2023.

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