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Streamlining Business: Visa Acquisition for Foreign Investors to be Expedited in 48 Hours – FG |
"The FEC has initiated a committee to evaluate the current visa system with the objective of making it less onerous. This means that investors and tourists will have a much smoother entry into the country, provided they adhere to the established protocols.
The Federal Executive Council (FEC) has given the green light for the formation of a committee dedicated to simplifying the visa procedures for foreign investors, as stated by Mohammed Idris, the Minister of Information and National Orientation.
Speaking to journalists at the State House after the FEC session in Abuja on Tuesday, the Minister expressed concerns over the complex visa processes that have been impeding Nigeria's business environment.
He mentioned that a collaborative meeting involving the Minister of Interior, the Minister of Finance, and other key players is scheduled to chart a path forward, ensuring that visa procedures are streamlined to a 48-hour timeframe upon completion of the process.
"The visa procedure has become burdensome, deterring investors and affecting Nigeria's business climate negatively," he remarked.
"The FEC has initiated a committee to evaluate the current visa system with the objective of making it less onerous. This means that investors and tourists will have a much smoother entry into the country, provided they adhere to the established protocols.
"The discussion includes the eVisa platforms already in consideration. Additionally, there's a proposal for processing every visa application within 48 hours. This initiative is in progress. The Minister of Interior, in collaboration with the Minister of Finance and other stakeholders, is working diligently to expedite and streamline the visa process," he added.
"Investors and tourists can anticipate a more efficient visa acquisition process within 48 hours."
