UPDATE: U.S FINALIZES $20,000 VISA BOND POLICY AFFECTING NIGERIA AND 49 OTHER NATIONS. (PHOTO).

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 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...

LAGOS TO COMMENCE THE REDEVELOPMENT OF ADENIJI ADELE HOUSING ESTATE.

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        The General Manager of Lagos State Urban Renewal Agency (LASURA), Mr. Lateef Sholebo has disclosed that the Redevelopment of Adeniji Adele Housing Phase I-IV Estate, Lagos Island will commence soon.
Sholebo, who stated this while speaking with news correspondents on the planned activities of the Agency in Lagos recently revealed that UACN Property Development Company (UPDC) Plc., and ATO Architects Consortium as prospective developers, who have indicated interest and submitted designs for the projects.
He said that the State targets construction of 2,500 housing units with all infrastructural facilities including alternative power supply and recreational facilities.
According to him, “The redevelopment of Adeniji Adele Phase I-IV Housing Estate will be using a combination of various house types at various heights to achieve the required density for the redevelopment. The project consists of Commercial and Community development as well as provisions for elevated parking spaces would make it one of the iconic estates in the State”.He said the project, when completed, will further meet the housing needs of residents in fulfilment of the government's promise to provide shelter across all division of the State.
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