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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OAGF DOES NOT MAKE PAYMENTS ON BEHALF OF MDAs .(PHOTO).

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OAGF DOES NOT MAKE PAYMENTS ON BEHALF OF MDAs 


The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein has clarified that the OAGF does not make payments on behalf of MDAs for projects and programmes implemented by the MDAs. 

The AGF was reacting to media reports concerning a request from the Ministry of Humanitarian Affairs and Poverty Alleviation for payment of grants to vulnerable groups in some States of the Federation.   

She stated that allocations are released to self-accounting MDAs in line with the budget and such MDAs are responsible for the implementation of their projects and payments for such projects. 

In a statement in Abuja, the AGF explained that although her Office received the said request from the Ministry, it did not carry out the payment. The Ministry was however advised on the appropriate steps to take in making such payments in line with the established payment procedure. 

The AGF noted that in such situations, payments are usually processed by the affected Ministries as self-accounting entities and no bulk payment is supposed to be made to an individual’s account in the name of Project Accountant. 

She added that such payment should be sent to the beneficiaries through their verified bank accounts. 

Dr. Madein reiterated her determination to uphold the principles of accountability and transparency in the management of public finances. She advised MDAs to always ensure that the requisite steps are taken in carrying out financial transactions.  



 

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