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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OGUN JAAC DISBURSES N5.233BN TO 20 LGAS IN AUGUST. (PHOTO).#PRESS RELEASE

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Ogun JAAC Disburses N5.233bn to 20 LGAs In August 

The Ogun State Joint Account Allocation Committee (JAAC) has disbursed N5,233,379,834.30 among the 20 local government areas in the State.

The disbursement was outlined during the August 2023 edition of the JAAC meeting held at the Conference Hall, Oba’s Complex, Oke-Mosan, Abeokuta.

The Permanent Secretary, Ministry of Local Government and Chieftaincy Affairs, Dr Rotimiolu Akinlesi, in his welcome address at the meeting, said the purpose of the gathering was to foster accountability, transparency, and integrity, noting that the chairmen of the local governments were there to represent and seek the interest of the people.

He called on the chairmen to carry out more developmental projects in their various council areas, commending them for the feats achieved in the last two years, despite various challenges facing the nation.

In his presentation, the Permanent Secretary and Accountant-General of the State Treasury, Mr Babatunde Aregbesola, outlined that N5,233,379,834.30 from Statutory Revenue, Value Added Tax (VAT), Exchange Difference and Electronic Money Transfer Levy (EMTL) accrued to the 20 local government areas in the State for August 2023.

He said N5, 143,138,652. 75 would be used to pay the first-line charges, which include, primary school teachers’ salary, local government staff salaries and allowances of the Traditional Councils, as well as pensions, among others.

In their various remarks, representatives of the Ijebu Traditional Council, the Obiri of Ayepe, Oba Adebisi Okubanjo, and the Chairman of the Local Government Pensioners’ Association of Nigeria, Pastor Benedict Ademoye, applauded the state government for the consistency of the meeting, which had aided them in giving appropriate facts and figures as related to local government allocations in the State.

 

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