Visa reforms ‘ll boost FDI -Immigration boss

The Nigerian Immigration
Service (NIS), says the ongoing visa reforms of the Federal Government will not only aid the ease of doing business in Nigeria, but also encourage Foreign Direct Investment (FDI) into the country.
The Comptroller General, NIS, Muhammad Babandede, stated this in a statement during the week while receiving the Turkish Ambassador, CakilHakan, at the Immigration Headquarters in Abuja.
Babandede called on Turkish businessmen and other foreign investors to take advantage of the visa-at-port-of-entry facility, also known as visa-on-arrival, to do business in Nigeria.
A statement signed by NIS Public Relations Officer, Ekpedeme King Babandede explained that the visa issued at the country’s international airports, was introduced by the Federal Government as part of the measures to boost FDI.
According to Babandede, “in order to encourage ease of doing business in Nigeria, the Immigration Act 2015 has given the CGI the powers to issue such visas to investors, frequently travelled business persons of international repute, executive directors of multinational companies, members of government delegations as well as holders of United Nations (UN), African Union (AU) and Economic Community of West African States (ECOWAS) Laissez-Passer”.
The Act, the CGI explained, also empowers him to issue Permanent Residence Visas to foreign nationals, who according to him, are married to Nigerians and to foreign investors, who have imported an annual minimum threshold of capital over a period of time.