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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IMPLEMENTATION OF 2025 BUDGET CAPITAL COMPONENT TO COMMENCE. (PHOTOS).

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 IMPLEMENTATION OF 2025 BUDGET CAPITAL COMPONENT TO COMMENCE


The National assembly joint committee on appropriations has reached an agreement with the national economic team on the immediate commencement of implementation of the capital component of the 2025 budget.


At a meeting Thursday afternoon which resolved into closed door, both sides also affirmed earlier commitment during a meeting between the House of Representatives appropriation committee and the economic team that the circular issued by the federal government on the award of contract be withdrawn.


Those in attendance at the meeting are the chairmen of the Senate and House committee on appropriation, Senator Adeola Olamilekan and Representative Abubakar Bichi.


Also in attendance are the minister of finance wale edun, minister of Budget,  Atiku Bagudu, Accountant General of the Federation, Shamseldin Ogunjimi and the Director General Budget Office Tanimu Yakubu among others.


Details on discussions will be communicated after the closed session. 

One more photo below. 



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