Dollar-for-visa: Minister asks embassies to comply with EFCC’s directive

Foreign Affairs Minister Yusuf Tuggar has written all the foreign missions in the country to comply with the directive of theTuggar has already met with a few envoys who sought more clarifications on the EFCC’s advisory.

It was gathered that the EFCC has entered into an understanding with the Central Bank of Nigeria for prompt remittance of the funds generated by the embassies to their home countries at official rate. A top source told The Nation that the Minister of Foreign Affairs asked all foreign missions to implement the EFCC advisory.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.

“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. 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 .

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.

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