FG Tightens Noose on Expatriate Quota Administration, To Enforce Ban on Visa Overstay Policy takes effect August 1 To implement comprehensive insurance scheme to cover deportation costs, personal liabilities
Dike Onwuamaeze
The Minister of Interior, Dr. Olubunmi
Tunji-Ojo, has announced the federal government’s determination to transparently implement stricter
measures that would clean up Nigeria’s visa process and expatriate quota administration system.
Specifically, the minister stressed that expatriates who decide to stay back in the country three months after the
expiration of their visa would face a penalty of a five-year ban, while those who decide to overstay for one-year,
would not be allowed back to the Continued on page 5
Fitch Upgrades Nigeria to 'B' Rating, Stable Outlook on Policy Reforms...
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Saturday April 12, 2025 Vol 30. No 10960
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Nigerian Filmmakers Find Solace in YouTube for Movie Distribution Ferdinand Ekechukwu
L–R: Borno State Governor, Prof. Babagana Zulum; the newly turbaned, Prof. Yusuf Olaolu Ali and Vice President Kashim Shettima, during the turbaning ceremony in Ilorin, Kwara State… yesterday GODWIN OMOIGUI
The rise of YouTube as a major distribution platform for filmmakers in Nollywood has elicited some positive developments and interest among practitioners in the film industry. Continued on page 5
NUPRC: Nigeria’s Oil Reserves Hit 37.28 Billion Barrels, Gas 210.54 TCF in 2025 Crude stock reduces marginally by 0.60%, gas rises 0.61%
Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that Nigeria's oil and condensate reserves as at January 2025 were 37.28 billion barrels, a decline of about 0.60 percent by THISDAY computation. With the new data, Nigeria retained its position as the country with the second largest crude reserves in Africa, just behind Libya, which has an estimated 48.36 billion barrels of oil, although the West African nation remains the continent's biggest oil producer. However, the country's gas stock hit 210.54 Trillion Cubic Feet (TCF), rising 0.61 per cent, according to THISDAY checks, retaining its first position in Africa and about ninth globally and effectively making the country a gas nation. Continued on page 5
STRENGTHENING BILATERAL TRADE... L-R: Chairman/Editor-in-Chief of THISDAY Media Group/ARISE News Channel, Prince Nduka Obaigbena; Governors of Ogun, Dapo Abiodun; Lagos, Babajide Sanwo-Olu; Kaduna, Senator Uba Sani; Ebonyi, Francis Nwifuru, and Ondo, Lucky Aiyedatiwa, during the Governors’ roundtable at the French-Nigeria Business Forum held in Paris…Thursday