The President, on Tuesday 4th February 2020, unveiled a new set of policies guiding the issuance of Visas to people interested in entering the country.
The new VIsa Policy, the President said, is aimed at driving Foreign Direct Investment (FDI) growth, improving the business environment of the country and boosting the tourism sector.
Recall that the President was at the Aswan Forum in Egypt, on the 19th of December 2019, when he announced an initiative to introduce a Visa-on-arrival program for all Africans entering Nigeria starting 2020.
Announcing the new Visa Policy on Tuesday, 4th of February 2020, the President said the policy will improve African integration without compromising the security of Nigeria.
“Pleased to announce that Nigeria has a new Visa Policy, which I launched today. This new Policy will help improve our business environment, attract FDI, boost tourism, and improve African integration, without compromising national security and our territorial integrity,” said President Buhari.
Further speaking on the benefits of the Visa Policy, the President said the Policy will enhance the goal of building a globally competitive economy, by attracting innovation and specialized skills and knowledge from abroad.
“This new Visa Policy will advance our goal of building a globally competitive economy, by helping attract Innovation, and specialized skills and knowledge from abroad, to complement locally available ones. We are sending a message to the world that Nigeria is Open for Business.
The announcement of the new Visa Policy is coming just days after the United States of America announced that immigrants from Nigeria would be barred from entering their country for the failure of adequate security intelligence sharing.
The Buhari-led administration formed a committee headed by the Minister of Interior, Rauf Aregbesola to work meeting the updated information sharing policy requirements of the United States, Interpol, and other international bodies.