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...

ANAMBRA SET TO MOVE FROM IMPORTATION TO MANUFACTURING- OFFICIAL.(PHOTO).


Anambra Set to Move from Importation to Manufacturing – Official

Anambra state government has expressed readiness to move from importation to manufacturing and production hub with the intention to industrialize the state, ANAMBRA PEOPLE reports.

Commissioner for Commerce and Industry, Dr. Obinna Ngonadi, said plans were on to actualize it through creation of industrial clusters for Small Medium Enterprises (SMEs), attraction of foreign investors, and creation of enabling environment for local investors to thrive.

 
Ngonadi stated this while interfacing with the management of Onitsha Business School in his office at Awka and added that measures have been put in place to establish export processing zones around Onitsha and environs with the right infrastructure to help local manufacturers engage in exportation of their products.

Earlier, the Director General of Onitsha Business School, and the international coordinator, Nigeria Exporters Consortium (NEXCON), Professor Olusegun Oludapo Sogbesan, said his team was ready to work with the state government.

 

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