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Just IN : Naira – for-Visa : Foreign Affairs Minister Yusuf, Directs all Embassies to comply with EFCC’s directive

Commission says some missions use N1,900 to dollar exchange rate
Demands banks’ response to enquiries within 24 hours
Foreign Affairs Minister Yusuf Tuggar has written all the foreign missions in the country to comply with the directive of the Economic and Financial Crimes Commission (EFCC) to charge payment for visa and consular services in naira instead of dollar.
Tuggar has already met with a few envoys who sought more clarifications on the EFCC’s advisory.
It was learnt that the EFCC advisory against dollar-denominated service was necessitated in part after some embassies adopted N1,800-N1,900 exchange rates to a dollar.
An embassy was found to have set up an account unit where visa applicants were paying cash in dollar for services outside the conventional banking system.
Some embassies are understood to have started implementing the EFCC’s advisory on naira policy for consular services.
It was gathered that the EFCC has entered into an understanding with the Central Bank of Nigeria (CBN) for prompt remittance of the funds generated by the embassies to their home countries at official rate.
In an April 5, 2024 advisory to the Foreign Affairs Minister, the EFCC Executive Chairman, Mr. Ola Olukoyede, had asked government to stop foreign missions in Nigeria from charging visa and other consular services in foreign denominations.
He also advised all embassies to adopt Nigeria’s regulatory regime in fixing the exchange rate of the cost of their services.
He said the commission has observed the violation of Section 20(1) of the Central Bank of Nigeria Act, 2007 which makes currencies issued by the apex bank the only legal tender in Nigeria.
A top source told The Nation that the Minister of Foreign Affairs asked all foreign missions to implement the EFCC advisory.
EFCC urges embassies not to charge visa, other services in dollar
The source said: “The Federal Government has adopted the advisory of the EFCC which is backed by the CBN Act. In line with this, the Minister, Amb. Yusuf Tuggar, has formally written all embassies to charge and accept payment for visa and consular services in naira.
“In fact, the Ambassador of one of the missions collecting dollars for consular services demanded an audience with the Minister of Foreign Affairs for clarifications on the new policy. Tuggar, who met with the affected envoy, said there is no going back on the naira policy.
“But the EFCC has also reached an understanding with the CBN for the prompt remittance of all consular fees collected at the official exchange rate to the embassies or countries. The Federal Government will not default in remitting funds.”
It was gathered that the EFCC issued the advisory following discovery that some embassies had adopted N1,800 to N1,900 exchange rates for applicants for visa and consular services.
“Some embassies went beyond official and parallel market rates in fixing exchange rate for consular services. They were charging as high as N1,800 to N1,900,” one source said.
“A foreign mission was even collecting dollars in cash from visa applicants. The practice was outside the banking system.
“From feedback, some of the embassies are already charging for consular services, including visa, in naira. We will not relent in ensuring full compliance by all missions.
“There is a desk monitoring compliance with the naira-for-visa policy. Any infraction will be reported to the Federal Government through the Ministry of Foreign Affairs.”
The advisory, signed by the EFCC Executive Chairman, Mr. Ola Olukoyede, reads in part: “…I wish to notify you about the commission’s observation, with dismay, regarding the unhealthy practice by some foreign Missions to invoice consular services to Nigerians and other foreign nationals in the country in United States Dollar ($).
“This practice is an aberration and unlawful as it conflicts ‘with extant laws and financial regulations in Nigeria. Section 20(1) of the Central Bank of Nigeria Act, 2007 makes currencies issued by the apex bank the only legal tender in Nigeria.
“It states that ‘the currency notes issued by the Bank shall be the legal tender in Nigeria on their face value for the payment of any amount’.
“This presupposes that any transaction in currencies other than the naira anywhere in Nigeria contravenes the law and is therefore illegal.”
The commission added: “The refusal by some Missions to accept the Naira for consular service in Nigeria and also comply with foreign exchange regulatory regime in fixing the exchange of the cost of their services is not only illegal but represents an affront on the country’s sovereignty symbolised by the national currency. It undermines Nigeria’s monetary policy and aspiration for sustainable economic development.
“This trend can no longer be tolerated, especially in a volatile economic environment where the country’s macroeconomic policies are constantly under attack by all manner of state and non-state actors.
“In the light of the above, you may wish to convey the commission’s displeasure to all Missions in Nigeria and restate Nigeria’s desire for their operations not to conflict with extant laws and regulations in the country.
“Please accept, as always, the assurances of my highest consideration and respect.”
Attend to enquiries on money laundering, others within 24 hours, EFCC boss tasks bankers
The EFCC boss has also urged bankers to respond to the commission’s enquiries within 24 hours to aid its investigations.
“I don’t want to be charging banks alongside suspected criminals, because doing so can wreak havoc on the economy. It will even discourage investors from coming to the country,” Olukoyede said during a roundtable with compliance officers of banks in Ilorin, the Kwara State capital.
He added: “Our intention is to use the anti-corruption fight to bolster the economy. So, we must work together to save this country.”
Represented by acting Zonal Director, Ilorin Command Harry Erin, Pastor Olukoyede said: “We need to find a common ground to work together. You have a responsibility to fight corruption.”
The EFCC chair also expressed concerns over the use of fintech (private banking) by criminals to perpetuate crimes.
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Airlin Advocacy Commissions Jos Office, Targets 7m Members By Next Elections,Says Mohammed Gamawa

During the inauguration ceremony, the National Chairman of Airlin, Mohammed Gamawa, delivered a keynote address, emphasizing the organization’s commitment to educating Nigerians on their civic rights and responsibilities.
According to Gamawa, Airlin aims to bridge the gap between citizens and the principles of the rule of law by fostering a society where people understand not only their rights but also what is expected of them by the country.
“Our goal is to foster interaction among Nigerians, promote respect for the rule of law, and ensure citizens know their rights and civic responsibilities — such as voting to elect future leaders not based on materialism but based on integrity and competence,” Gamawa stated.
He added that understanding and exercising one’s franchise, especially during elections, must go hand in hand with being law-abiding and fully aware of civil responsibilities.
As part of its mission, Airlin is currently targeting 19 states in Northern Nigeria, with Jos becoming the 15th state to be commissioned.
The ceremony also featured the appointment of state and local government coordinators who will help drive the organization’s grassroots advocacy efforts.
With a current membership base of 2.1 million Nigerians aged 18 and above, Airlin projects a significant growth trajectory, aiming to reach 7 million members before the next general elections.
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Nothing new in FBI report on Tinubu, says Onanuga

Senior Special Adviser to the President on Information and Strategy Bayo Onanuga has dismissed a report of a United State (U.S.) court ordering two law enforcement agencies to release information on President Bola Ahmed Tinubu during a “purported federal investigation in the 1990s.”
In a tweet on his verified X handle, Onanuga told those agitated by the directive that there would be nothing revealing in the anticipated report.
In an April 9 ruling, District Court for the District of Columbia Judge, Beryl Howell ordered the Department of State, Federal Bureau of Investigation (FBI), Internal Revenue Service (IRS), Drug Enforcement Administration (DEA) and the Central Intelligence Agency (CIA) to release the information to Mr. Allan Greenspan.
The information being sought by Greenspan was classified as “confidential information” generated during a “purported federal investigation in the 1990s.”
Judge Howell said that protecting the information from public disclosure “is neither logical nor plausible.”
Commenting on the ruling, Onanuga said: “There is nothing new to be revealed. The report by Agent Moss of the FBI and the DEA report have been in the public space for more than 30 years. The reports did not indict the Nigerian leader”, Onanuga said yesterday.
He said that counsel to the President have been “examining the ruling”.
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Oyetola Leads Nigeria’s Strategic Bid for IMO Council Seat, Aiming for Global Maritime Influence

Nigeria is setting sail towards a greater role in international maritime affairs as it bids for election into Category C of the International Maritime Organization (IMO) Council.
Leading this ambitious push is the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), whose vision is to position Nigeria as a dominant force in global shipping and maritime governance.
The IMO, a specialized United Nations agency responsible for regulating international shipping, holds its Council elections later this year. Category C is specifically reserved for nations with significant interests in maritime transport and trade, providing them with a platform to contribute to shaping global maritime policies. For Nigeria, securing a seat is not just a diplomatic pursuit it represents a strategic leap forward for economic growth, regional leadership, and maritime security.
At the heart of this campaign is Nigeria’s intention to amplify its voice in international maritime decisions. Membership in the IMO Council would afford the country a pivotal role in the formulation of regulations and policies that affect shipping, safety, environmental protection, and trade. This influence would allow Nigeria to safeguard both its national interests and those of the broader West African sub region.
Economic prospects tied to the blue economy form another cornerstone of Nigeria’s bid. With a coastline stretching over 850 kilometers and a maritime domain rich in resources, Nigeria is aggressively advancing its blue economy agenda. A seat at the IMO table is expected to draw foreign investment, stimulate port infrastructure development, and enhance trade efficiency all in line with President Bola Tinubu’s broader strategy for economic diversification.
Maritime security is also high on the agenda. Nigeria, which has made considerable strides in curbing piracy in the Gulf of Guinea, sees IMO Council membership as a means of deepening international collaboration, adopting global best practices, and enhancing safety standards along its waterways.
The campaign also underscores Nigeria’s commitment to human capital development. By aligning more closely with the IMO, Nigeria aims to provide its maritime professionals especially young people with increased access to global training programs and capacity building initiatives. This would help nurture a new generation of skilled seafarers, engineers, and administrators capable of competing on the world stage.
Nigeria’s regional leadership is also in focus. As Africa’s largest economy, the country seeks to use its potential IMO seat to drive greater cooperation among African maritime nations, promote sustainable development, and project a unified continental voice in international maritime diplomacy.
In addition, Nigeria anticipates increased access to technical support and maritime innovation through IMO engagement. This includes advancements in shipping technology, logistics modernization, and enhanced port management critical components for a thriving maritime industry.
Oyetola’s Vision and Commitment
Oyetola, since his appointment, has consistently emphasized the need for Nigeria to embrace its maritime identity and assert its global relevance. His advocacy for Category C membership has been described by stakeholders as a bold and necessary step in unlocking the full potential of the sector.
“Nigeria must take its rightful place on the global maritime stage. Our waters, our people, and our potential deserve nothing less,” Oyetola affirmed during a recent stakeholders’ engagement on the bid.
As the IMO elections approach, there is growing optimism that Nigeria’s strategic location, extensive maritime assets, and clear policy direction will earn it a seat at one of the most influential tables in global shipping. The journey to Category C may be competitive, but with strong leadership at the helm, Nigeria is navigating with purpose and promise.
Jamiu Omookose
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