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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PRESIDENT TINUBU NOMINATES CEO, TWO COMMISSIONERS FOR NERC. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE ( Re-issued)


PRESIDENT TINUBU NOMINATES  CEO, TWO COMMISSIONERS FOR NERC


President Bola Tinubu has nominated  Engr. Abdullahi Garba Ramat as the new Chairman/Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC).


Engr Ramat, 39, is an electrical engineer and administrator, with a PhD in Strategic Management, among other qualifications.


President Tinubu also nominated two commissioners for the NERC. 


They are Mr Abubakar Yusuf, Commissioner of Consumer  Affairs and Dr Fouad Olayinka Animashun, Commissioner of Finance and Management Services. 


All nominations are subject to Senate confirmation.


The commission's acting chairman will continue to hold his position until the confirmation of the new chairman-designate. 


Bayo Onanuga

Special Adviser to the President

(Information and Strategy)

August 7, 2025

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