UPDATE: U.S FINALIZES $20,000 VISA BOND POLICY AFFECTING NIGERIA AND 49 OTHER NATIONS. (PHOTO).
U.S Finalizes $20,000 Visa Bond Policy Affecting Nigeria and 49 Other Nations The United States government has officially formalized its visa bond policy, making it a permanent measure that could require travelers from 50 designated countries, including Nigeria, to pay a refundable bond of up to $20,000 before receiving certain visas. First introduced as a pilot scheme in 2025, the policy targets applicants seeking B1 and B2 visas, which are designated for business and tourism. According to the U.S. Department of State, the initiative is designed to bolster compliance with local immigration laws and drastically reduce visa overstay rates. How the Visa Bond Policy Works Under the permanent guidelines, U.S. consular officers have the discretion to instruct eligible applicants to post a bond as a prerequisite for visa issuance. However, U.S. authorities have clarified that the financial requirement will not be applied automatically to every traveler from the listed nations. Data anal...
The governor in a statement signed by his Chief Press Secretary,Mr Habib Aruna said that the decision was carried out based on a recent discovery that the concession was grossly detrimental to the interests of the people of the state.According to him,only N50 million was paid by the concessionaire,Afriland Properties,for a 50 year lease of the property belonging to the government.He said the state Government,as custodian of the interests of Lagosians,is committed to the restructuring of the LSDPC to ensure it begins to provide positive capital returns to the state Government for the ultimate benefit of the people''.Governor Ambode had two months ago,relieved former Managing Director of the LSDPC,Mr Biodun Oki,of his appointment,and appointed Mr Jacob Agosu as Acting CEO of the Corporation,in a bid,according to the statement,to stem the tide of negative capital returns of the corporation.
Comments
Post a Comment