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...
These weekend,the Nigerian Electricity Regulatory Commission {NERC} at the weekend said that after duly considering the various individual electricity tarriff submissions of the 11 electricity distribution companies {Disco} in Nigeria's electricity market,the new tariffs will be ready and signed off for use this week.Though techinical details of the new tariff structure have been finalised by the regulator,NERC said at a workshop in Abuja that a final regulatory meeting would be held in the week to conclude the process and then sign it off.NERC Chairman,Dr Sam Amadi said that the regulator had held meetiings with Discos to finalise on their respective tariff proposals.He said that the commission had gotten feed backs from both government,the Disco and would now conclude the process.''We have gone to the Discos,gotten feedback,gone to government and gotten feedback.We have not finalised.In our view,we have basically done the crunching of numbers.It is not about tariff increase,it is also not about their financial outlaw.We have done the technical work,remaining the regulatory work,by next week,we should sign off on the new tariff''.
Comments
Post a Comment