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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CONGRATULATIONS, NIGERIA SHOULD NOT BORROW IF ECONOMY IS STABILIZING – PETER OBI TELLS TINUBU. (PHOTO).

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 Congratulations, Nigeria should not borrow if economy is stabilizing – Peter Obi tells Tinubu


Former Labour Party presidential candidate, Peter Obi has congratulated President Bola Tinubu following his claim that Nigeria has achieved its revenue target for the year.


Speaking on Tuesday, Tinubu had said Nigeria has met its revenue target for the year and his administration is currently stabilizing the economy.


However, Obi noted that Nigeria should not be borrowing and citizens should feel the impact in their daily lives if the economy is stabilizing.


In a post on X titled ‘What does Achieving Revenue Target mean to Nigerians?’, Obi wrote: “The President has announced that our nation’s revenue target for the year has now been achieved by August, which could mean a stabilising economy.


“Congratulations Mr. President. But Mr. President, if indeed the economy stabilises as you declared, then Nigerians must feel it in their daily lives.


“Borrowings must stop now. Huge Contractors’ bills, which are still owed should be paid, and critical underfunded projects must now be funded.


“Our educational facilities and hospitals are still in terrible condition. True economic stability is not in figures announced at press conferences, but in classrooms where children learn, in well-equipped labs and access to learning tools, in hospitals, where citizens can receive quality care, equipped with adequate facilities.”

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