The Federal Executive Council, (FEC), has approved the establishment of a tripartite committee to streamline visa processes and acquisition for investors interested in investing in Nigeria. 

The Minister of Information and National Orientation, Mohammed Idris, who made this known while briefing newsmen in Abuja said the Goverment is also considering the idea for the facilitation of Visa approvals within 48hours of application, which is aimed at reducing the bottlenecks involved in visa processes and promote the ease of doing business in the country.

The Minister also informed that the visa policy will take effect within the next one month after necessary plans and processes have been concluded.

The Information Minister however confirmed that President Bola Tinubu has approved the suspension of the Cybersecurity levies instituted by the Central Bank of Nigeria (CBN), pending further reviews.

By: Raliat Adenekan