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...
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PRESIDENT BUHARI PLEDGES SUPPORT AS NIGERIA HOSTS MAJOR CULTURAL, TOURISM AND LITERARY EVENTS.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI PLEDGES SUPPORT AS NIGERIA HOSTS MAJOR CULTURAL, TOURISM AND LITERARY EVENTS


President Muhammadu Buhari has pledged full support for three major international events scheduled to hold in Nigeria in October and November this year, saying they are opportunities to showcase the nation’s rich heritage in culture, arts, tourism and entertainment as well as advancements on media freedom.

Nigeria will be hosting the 2022 UNESCO Global Media, Information Literacy (MIL) Week in Abuja, in October, the first Global Conference on Cultural Tourism and Creative Industry in Lagos, as well as the 2nd Global Association of Literary Festivals Conference, Abeokuta, in November.

Welcoming the decision by UNESCO, United Nations World Tourism Organisation (UNWTO) and the Global Association of Literary Festivals to grant Nigeria the right to host these separate historic events, the President assures all relevant stakeholders and participants of the warmth and hospitality of the people of Nigeria.

On MIL Week, the President Buhari notes that it is instructive that Nigeria is attracting positive international attention as a country that promotes media freedom and freedom of expression, recognizing the important roles information literacy and media education play in sustainable development.

On the first Global Conference on Cultural Tourism and Creative Industry, the President says the rapid growth of Nigeria’s film, fashion, music, and ICT sector, and the increase in international appeal and acceptance would continue to spur government to devote more resources to the sector.

Among other initiatives, he recalls that the Creative Industry Financing Initiative (CIFI), established by his administration and managed by the Central Bank of Nigeria (CBN) in collaboration with the Bankers’ Committee, has provided single-digit financing to many young Nigerians in the fields of fashion, film, music and information Technology.

The $100 million re-development of the National Theatre, Lagos, into a world-class Creative Park is also ongoing, following the handover of the facility to CBN and the Bankers Committee.

The Nigerian leader trusts that the literary world will find many good things to celebrate about Nigeria when they meet in the historic city of Abeokuta, homeland and birthplace of one of Nigeria’s finest literary icons and Nobel Laureate, Prof. Wole Soyinka.

President Buhari is delighted to welcome international visitors to Nigeria and urges fellow compatriots to use the period to exhibit the values “that make us a unique, friendly and peace-loving people.”

Femi Adesina
Special Adviser to the President
(Media & Publicity)
August 7, 2022

 

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