Nigerian Government approves new visa regime to attract investors

The Federal Executive Council has approved a new visa policy for the country designed to boost tourism, attract foreign investment and create employment opportunities. Minister of Information Labaran Maku said this while briefing State House correspondents after the weekly Federal Executive Council meeting presided over by President Goodluck Jonathan at the State House, Abuja. Maku said the council’s approval was sequel to a memorandum presented by the Minister of Interior, Comrade Abba Moro, for the harmonisation of Nigeria’s new visa policy.




Explaining the policy, Moro who was also at the briefing, said the new visa regime contained new innovations and elements that would promote Nigeria’s strategic interests. The minister said the new policy would facilitate easier provision of visa to foreign investors, strategic visitors and tourists. He said that the policy would allow for a visa term of up to 10 years for strategic investors, while strategic visitors and government officials coming to Nigeria could have access to visas at the point of entry.

“Today we have a visa policy in place now that is targeted at boosting tourism, attracting foreign direct investment, opening up the economy for employment opportunities and above all, a policy that seek to secure our borders".
“If a business man or a tourist or a trade delegation or for that matter a government delegation even headed by the Presidents or Heads of State of these countries have reasons to visit Nigeria at short notice to do business with Nigeria and if by any coincidence, we don’t have embassies in such countries, such delegation or group can come to Nigeria and obtain their visas at point of entry.

“We have other categories, we have short term visas, we have temporary resident visas, we have permanent resident visas and of course, a new introduction now is that we have investment or skill transfer visa category in which case if you have a particular level of investment that you want to make in Nigeria that can add value to the economy of the country, you can be given certain categories of visa.

Source: www.vanguardngr.com

Comments

Done Dealsngr said…
My cousin recommended this blog and she was totally right keep up the fantastic work!



Used Cars for Sale in Nigeria
03 January, 2013 00:58
Post a Comment

Popular posts from this blog

Doing Business in Benin Republic: IBG Nigeria Presents

It is our pleasure to welcome you to this special seminar on doing business in Benin Republic, facilitated by the Embassy of Benin Republic, Lagos, the International Business Group (IBG) and My Companion, a business and leisure magazine. Many people that we spoke to in the course of putting together this seminar wondered why the focus should be on Benin Republic. Many even wonder why we should abandon Nigeria, our turf to promote doing business in another country. Well for the benefit of those that are not familiar with our services, the IBG advances a concept whereby companies from across the world can benefit and interact with existing global network, with the capacity to assist with market evaluation and locating the best potential in- country partners. Benin Republic is a member of the Economic Community of West African States (ECOWAS), our mandate with the International Business Group to promote business activities from the sub-region. Benin’s economy has entered a new era. With r...
Read more

South-South Economic Summit 2011, Asaba, Delta State.

Image
It's 4 days of thrilling paper presentations, breakout sessions, discussions, networking and a concluding gala night! Target Participants include: Economic Development Consultants and Facilitators, Bilateral and Multilateral Organisations, Governments and Investors. Email us on inquiry@ibgnigeria.com or call +234 1 8782864 for more information.
Read more

Sparkling Future in Nigeria: Small World 2010.

Image
It was merriment galore as the International Women's Organisation for Charity, organisers of the annual Small World put up their 15th fun-packed edition in Lagos with a theme, 'Sparkling Future' Thirty Two Million Naira was realised from sale of tickets, corporate sponsorships and donations especially from the Expatriate and Foreign Residents communities in Nigeria to support charities sponsored by the various communities. It was a night of national pride in flags parade and medley of cultures: choreography, costume, dance, drinks, food and fun as many look forward to the next edition, come February 2011. Would you be there?
Read more