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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ATCON HIGHLIGHTS MULTIPLE TAXES, ROW ISSUES, AND VANDALISM AS BARRIERS TO TELECOM SECTOR GROWTH. (PHOTO).

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 ATCON Highlights Multiple Taxes, RoW Issues, and Vandalism as Barriers to Telecom Sector Growth


The Association of Telecommunications Companies of Nigeria (ATCON) has raised alarms over the persistent challenges threatening the growth and sustainability of the telecom sector.


At the association's 31st anniversary event in Lagos, ATCON President Tony Emoekpere stressed that multiple taxation, Right of Way (RoW) hurdles, and infrastructure vandalism are stifling the industry's potential. He emphasized the critical role telecommunications play in Nigeria’s digital transformation yet warned that systemic issues continue to obstruct progress.


Emoekpere highlighted the heavy tax burden from federal, state, and local governments, which creates an unfriendly business environment and discourages investment. He also pointed out the complicated and costly process of obtaining permissions for infrastructure rollouts, which delays broadband expansion and network upgrades. Additionally, the persistent vandalism of telecom infrastructure, including fiber cables and base stations, leads to significant financial losses and service disruptions.


To address these challenges, Emoekpere called for a collaborative effort among government agencies, policymakers, and industry stakeholders. He urged for harmonized taxation policies, streamlined RoW approval processes, and improved security measures to protect telecom infrastructure from vandalism.


He concluded by stressing the urgency of resolving these foundational issues to fully leverage emerging technologies like 5G and IoT, which present vast opportunities for Nigeria’s digital economy.

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