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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SUMMARY OF OGUN STATE 2025 BUDGET PROPOSAL. (PHOTOS). #PRESS RELEASE.

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 Summary of Ogun State 2025 Budget Proposal


Governor Dapo Abiodun presented a proposed 2025 budget of N1.054 trillion to the Ogun State House of Assembly, tagged the “Budget of Hope and Prosperity.” The budget is divided into:

 • N453.56 billion for recurrent expenditure

 • N600.98 billion for capital expenditure


Key allocations include:

 • N120.1 billion for personnel costs

 • N37.49 billion for consolidated revenue costs

 • N76.07 billion for public debt charges

 • N219.86 billion for overhead costs


Major capital projects for 2025 include:

 • Renovating hospitals and revitalizing 80 primary health centers

 • Extending the Redline, Blueline, and Purpleline metro rail lines

 • Constructing key infrastructure like roads, fire stations, and the Ogun Lodge Government House in Abuja


The funding sources are projected as follows:

 • N120.97 billion from the State Internal Revenue Service

 • N193.85 billion from Ministries, Departments, and Agencies (MDAs)

 • N228.06 billion from federal statutory allocations (including VAT)

 • N472.66 billion from capital receipts (loans, grants, etc.)


Sectoral allocations include:

 • Education: N117.83 billion (17%)

 • Health: N134.54 billion (13%)

 • Infrastructure: N284.46 billion (27%)

 • Social Protection: N39.84 billion (4%)


Governor Abiodun emphasized completing ongoing projects, generating revenue, and creating jobs, aligning with Ogun State’s development strategies and national plans. The 2024 budget performance showed strong fiscal reliability, with 79% of revenue and 56% of expenditure targets achieved by September 2024.

More photos below. 











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