FG Increases Resident Permit Cost To $2,000
The Federal Government has hiked the cost of the Combined Expatriate Residence Permit and Aliens Card (Green cards) to $2,000, shocking foreign residents who wished to obtain the document.
The new price was effected last week without warning by the Ministry of Interior, a development that reportedly caught many foreigners unawares.
Reports said that many foreigners had visited the banks to pay the old rate of $1,000 for the card, but were informed that the document is now sold for $2,000.
The CERPAC card is mandatory for expatriates who are either residing or working in Nigeria or visiting for long periods (that is beyond 56 days) and seamen who stay ashore beyond 28 days.
The card which is produced by a firm, Continental Transfer Technique Limited for the Nigeria Immigration Service, is valid for a year.
Reports said that the Federal Government generated N1.2 billion between 2016 and 2017 from the sale of the cards to foreigners.
Multiple sources explained that the foreigners were jolted by the price hike which they claimed ignorant of.
The Director of Press, Ministry of Interior, Mohammed Manga, said he had no information on the development, promising to find out during the week.
PUNCH