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’S TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE STATEMENT


PRESIDENT TINUBU’S TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE


I received with profound sadness the news of the passing of the inimitable Dr Christopher Kolade, a broadcaster and boardroom guru who is one of Nigeria's intellectual treasures. 


Dr Kolade, 92, was a custodian of our enterprise history, especially concerning corporate governance and human resources management. He was a principal figure in reputable institutions like the Lagos Business School.


He was among the finest of men. He was exceptionally brilliant, statesmanly, diligent, and had unimpeachable integrity. 


Dr Kolade was not only a boardroom icon, serving as one-time chief executive and chairman of Cadbury Nigeria Plc, but he was also a patriot and an uncompromising advocate of transparency and accountability in governance.


He served Nigeria dutifully, with honesty and great dedication. From working as a colonial-era education officer to serving as Nigeria's high commissioner to the United Kingdom and director-general of the Nigerian Broadcasting Corporation, Dr Kolade left ineffaceable stamps of distinction in every endeavour, whether in the boardroom, on panels, or public office.


I recall his many humanitarian interventions through the Christopher Kolade Foundation, especially his support for sickle cell patients, a cause to which he donated a chunk of his earnings.


Dr Kolade's passing is agonising, yet we must celebrate his life and legacy. He lived an exemplary life and immortalised himself in his uncommon service to our nation and humanity.


He will remain an inspiration for us and for many generations. He was a representation of the true Nigerian, selfless and resilient. May God Almighty, whom he served so faithfully, grant him eternal rest.


Bola Ahmed Tinubu, GCFR


President & Commander-in-Chief, 


Federal Republic of Nigeria 


October 9, 2025

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