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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WARRI REFINERY IS UNABLE TO PRODUCE PETROLEUM DUE TO VANDALIZED PIPELINE FROM EXCRAVOS- KELVIN EMMANUEL. (PHOTO).

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 Warri Refinery Is Unable to Produce Petroleum Due to Vandalized Pipeline from Excravos-Kelvin Emmanuel


Kelvin Emmanuel, the CEO of Diary Hills and an energy expert, addressed the situation of the Warri refinery during an interview on Arise TV. He stated that the refinery is currently limited to producing straight-run naphtha (SRN) and straight-run gasoline (SRG), and it cannot produce premium motor spirit (PMS) or petroleum gas.


Emmanuel also mentioned that the 46 km pipeline designed to transport crude oil from Excravos to Warri has remained vandalized since 2016.

In his words, "It's important for us to understand that the Warri refinery today cannot produce petroleum; what it can produce is SRN (straight-run naphtha) and SRG (straight-run gasoline). It's not even able to produce petroleum gas because it cannot produce premium motor spirit (PMS)."

"The 46 km pipeline that is supposed to carry crude oil from Excravos to Warri was vandalized in 2016."


Out of the nine refineries in Nigeria, only the Dangote Refinery, which has a capacity of 500,000 barrels per day, has successfully achieved a positive cracking margin and is producing PMS on a large scale.

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