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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INCOME EARNED BY ‘RUNS GIRLS’ TAXABLE- FG. (PHOTO).

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 Income earned by ‘runs girls’ taxable- FG


The Federal Government has said that under the new tax law, all income earned by providing a service including the monies earned by call girls popularly known as ‘runs girls’’ will be taxed.


The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, stated this while speaking at the Redeemed Christian Church of God, City of David, Lagos recently. 


Oyedele explained that upkeep money sent to dependants or relatives is not taxable describing such transfers as “non-exchange transactions’’but that any money generated from any service provided will be taxed. 


“You earn a certain amount of money and you have to send upkeep to your cousin, your brother, even a stranger, it doesn’t really matter. If the amount you’re sending to someone is money you are giving to them as a gift, that’s not taxable. It is you that should have paid tax before giving them a gift.


If somebody is doing runs girls, right, they go and look for men to sleep with, you know that’s a service, they will pay tax on it.


One thing about the tax law is it does not separate between whether what you are doing is legitimate or not. It just asks you whether you have an income. Did you get it from rendering a service or providing a good? You pay tax.”


The new tax law is expected to take effect on January 1, 2026.

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