Our Target:

Since its inception in January 2007, the Economic Confidential has constantly beamed its searchlight on the economic and financial sector, focusing on the various kaleidoscope and indicators that measure the pulse of the economy and bringing these to our readers.

We undertake and employ the best tradition of journalism: objectivity, accuracy and fairness. Our editorials and reports remain Factual, Authoritative and Accessible.

 

You can also assume that you have commissioned us to launch inquiries into every economic issue and make the findings available to you in our online and print editions of the publication.

We invite you to stay with us.

Nigeria Economic Regulators:

Federal Ministry of Finance (FMF)

Central Bank of Nigeria (CBN)

Federal Inland revenue Service (FIRS)

Debt Management Office (DMO)

National pencom Commission (PENCON)

Nigeria Deposit Insurance Corporation (NDIC)

Nigeria National petroleum Corporation(NNPC)

Securities and Exchange Commission(SEC)

Bureau of Public Enterprise (BPE)

Nigeria Extractive Industries Transparency Initiative (NEITI)

To subscribe to our News Alert Mailing List, Click on: http://groups.yahoo.com/group/economicng

       

 

 
 
 

*Home

 

*Mission

 

Editorial Suite

Odds against downstream deregulation - By Chijama Ogbu

 

Profile

Bar. Bello Mahmud: The New Registrar General for CAC

 

Cover

No 2nd Term for YarÁdua – Billionaire Debtors Vow

 

Facts and figures

Federation Account: How They Share N332bn in October

 

The Sharing of N27.8bn on Exchange Rate difference in October 2009

 

List of Federal Perm. Secs and their States - Non from Bayelsa

 

List of Major Debtors in Nigeria

 

Exclusive Interview

No more Needless Borrowing in Public Offices - Aliyu Yelwa, Boss of Fiscal  Commission

 

Monetary

CBN Supports Deregulation, Allows ETB to Rectify Lapses

 

Communiqué No. 66 of the Monetary Policy Committee Meeting

 

List of Major Debtors in Nigeria

 

National News

SMEDAN Advises Small Businesses on Good Idea

 

Odey Inaugurates Panel on IWMF in Niger Delta

 

Finally FG, States Share $2bn from Excess Crude Account

Honours for EFCC Boss in USA

 

State News

Kano Spends N1bn on Sports Development as Governor bagged ‘Sardauna’

 

IDB advances N3.15bn loan to KDSG as Governor Approves N18mn for Training 

 

 

ARCHIVES

Personalities/Interviews

Editorial Suite/Cover

Facts and Figures

National& States News

Mult/Business & Monetary

Features/Essays

Special Focus

January 2009 Edition

February 2009 Edition

March 2009 Edition

April 2009 Edition

May 2009 Edition

June 2009 Edition

July 2009 Edition

August 2009 Edition

September 2009 Edition

October 2009 Edition

November 2009 Edition

 

More in Archive

 
 

Economic Confidential, June, 2009

Nigerian e-Passport Costs and Nigerians Abroad: A Classic Rip-off?

Akintokunbo A Adejumo

akinadejum@aol.com

 

As defined in literature (Wikipedia), a ripoff (or rip-off) is a bad deal. Usually it refers to an incident in which a person pays too much for something. A ripoff is distinguished from a scam in that a scam involves wrongdoing such as fraud; a ripoff, on the other hand, is in the eye of the beholder. A scam might involve, for instance, a scheme in which a person pays $20 for a startup kit related to stuffing envelopes for a living, but the kit never arrives; upon receiving the money, the recipient flees. A ripoff, on the other hand, might be a business opportunity in which a person pays $375 for bulk vending machines worth $75. The fact that the advertised product actually arrives – even though it is worth far less than the purchase price – makes it a ripoff, not a scam.

 

Not content with the daily looting of treasuries, bribes and all other forms of corruption perpetrated on the Nigerian people, home and abroad, it seems officials of the Nigerian Government, through the Nigeria Immigration Service (NIS) has devised a very innovative way of ripping off Nigerians who live abroad.

 

It is the cost of the new e-Passport.

If you live in Nigeria, the cost of the e-Passport is 8,750 Naira. This, taking US$1.00 to be 175 Naira, and British £1.00 to be 250 Naira, translates to US$50.00 and British £35.00 respectively. Please note that there will always be fluctuations in the exchange rate every time.

 

If you are applying from outside Nigeria, the cost is US$110.00, translating to a whooping 19,250 Naira or British £75.00. It is outrageous. I do not have to be a rocket scientist to know that this a government trying to make money from Nigerians living outside the country on the misplaced premise that these set of Nigerians are making their money in hard currencies like the Dollar and the Pound.

 

What this means is that were I to be living in Nigeria, I could get two e-passports for two of my children instead of one, and still have change left.

 

I can understand if there is an add-on cost of maybe £10 to £15 to cover administrative costs of processing the e-passports from Nigeria and then sending them abroad in bulk, but charging well over twice the amount for the same product fits snuggly with the above definition of a ripoff.

 

Furthermore in the UK, as from 5th May 2009, the Nigeria High Commission will be adding £50.00 to the cost of the application to cover, as they said, administrative costs, since the $110.00 per e-Passport is repatriated directly to the Nigeria Immigration Service. This means the total cost of applying to have a Nigerian e-Passport in the UK will be £125.00.

 

This is one hefty sum, but because the mentality in Nigeria in general is that those Nigerians living abroad literarily pick money off the ground, from gold-lined streets or grow money on trees, this perception adheres even in the bureaucracy. And of course, knowing our government officials, they will probably embezzle the vast proceeds from their ripoffs, and only an infinitesimal amount of it will end up in the government coffers. Pardon me, but I just find it extremely difficult to trust our bureaucrats, civil servants and politicians, not to talk of the uniformed services such as Immigration, Prisons, Road Safety, Customs, and, you guessed it, the Police.

I will nevertheless give some credit and commend both the Nigeria Immigration Service and our Diplomatic Missions abroad for making the application for Passports a bit technologically modern, less arduous and less chaotic than previously, but the costs is a big concern, I am sure, to many Nigerians living abroad.

 

The application process itself could be revised. Before you can apply, you need to have a Google e-mail account. It is from your Google account that you can now go on to the Nigeria Immigration Service website and enter your details.  Why force people to have Google accounts?

 

Another flaw in the application procedure is that when you scale through the application and payment processes, you are then allocated an Interview date. Unfortunately, what you are given is a date to attend an interview, bring in the required documents, but there is no Interview time given. This kind of makes it a free for all, because it means first come first served, and you may spend the whole day at the High Commission. This should be reviewed and put right.

 

Yet another great concern is that of security on the site. I had wanted to use another credit card to pay for the application for my daughter, because I was making two applications. The moment I completed the second applications and pressed “Payment Options”, the site immediately recognised my previous credit card and processed the second application using my first credit card, which I had no intention of using. It did not allow me to input my second credit card details, and just proceeded using my apparently stored first credit card without allowing me to change the details. This I find very alarming and dangerous.

 

So how do we complain about this rip-off deliberately directed at Nigerians living abroad?

 

Nigerians abroad can contact the Nigeria Immigration Service on http://www.immigration.gov.ng and email them at  info@immigration.gov.ng or write them at Nigeria Immigration Service, Old Federal Secretariat Complex, Area 1, Garki ,  P.M.B. 38, Garki, Abuja or Fax them on +234-9-2341550.

 

We should also protest this ripoff to Nigerian Senate and House of Representatives and the overseeing Ministry of the Interior at their appropriate addresses in Abuja.

 

A concerted protest might help, but we should not just sit back and watch while they rip us off everytime.

 

Akintokunbo Adejumo lives and works in London, UK. A graduate of the University of Ibadan, Nigeria (1979) and University of Manitoba, Canada (1985). He is also the Coordinator of CHAMPIONS FOR NIGERIA, (www.championsfornigeria.org).

 

   

SPECIAL FOCUS

List of Major Debtors in Nigeria

 

List of Bad Debtors in Federal Mortgage Bank of Nigeria (FMBN)

 

NEMA@10: The Story So Far

 

Questions and Answers on the Examinations of the 14 Banks by CBN

 

FEATURES

Africa's Foreign Reserves: In Reserve For Who?By Chika Ezeanya

 

Churches and Mosques Should Pay taxes - Mcdonald Koiki

 

Deregulating Robbery in Nigeria By Kola Ibrahim

 

Understanding Monetary Policy By Abubakar Jimoh

 

The Making of Ideal Economic Policies By: Salim Salihu Muhammed

 

The Putrid Mess Also in CBN By Les Leba

 

Still on Early Warning Alert System in Nigeria By Yushau A. Shuaib

 

District 9 and the Can of Wild Paradox by Segun Imohiosen

 

Nigeria: Time to Check to the Drift By Dansulieman Mohammed

 

Golden Casket: Between Gani Fawehinmi and Wacko Jacko- By Yushau A. Shuaib

 

NIGERIA@49: Tracing the Economic Intervention- By Abubakar Jimoh

 

NASENI: Striving to end Nigeria’s reliance on foreign good – By Umar Kari

 

Macroeconomic Framework for an Independent Economic Recovery- Salihu Muhammad

 

When Sony Undermines Campaigns of Akunyili and Aoandoka- By McDonald koiki

 

Archetypal Resurgence: The Lamido Sanusi Revolution- By Segun Imohiose

 

Banks and Money Laundering- By Les Leba

 

Oronsaye’s Civil Service reform- By hussaini Sani kagara

 

New Policy in the Civil Service: Hypocrisy at Work? –By Tope Ajakaiye

More Features

 

TAX MATTERS

* Church and Mosque Not Exempted from Tax - FIRS

… Use of Consultants for Tax Collection is an Aberration

*Finance Minister Advocates Partnership on Tax Issues

*FIRS Reopens PAN, Vows to Prosecute Defaulters

*How We Generate N808bn in Tax Revenue Within Six Months- FIRS Boss

*FIRS Generates Taxpayers Numbers for Bank Customers

*Historical Milestone as Online Tax Payment Begins

*FIRS Seals Two Oil Companies Over $610m Tax Arrears

*Firms Owed Govt N260b in Taxes

*Tax Identification Number to Reduce Tax Evasion- FIRS Boss

*Revenue Agencies to Make Full Disclosure- Finance Minister

*FIRS Delists 2 Banks over Non-Remittance of Tax