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U.S. Reveals Application Fee Exchange Rate

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After publishing on its website, it appears that the American consulate has been creaming off each visa application for every Nigerian travelling to the states, according to Guardian Nigeria. It should be recollected that the Federal government had pegged the exchange rate at ₦305.25 to a dollar, yet  the American Consulate in Nigeria exchanged ₦400 to a dollar in visa application fees for one fiscal year, until 27th March, 2018.
“At the exchange rate of ₦400 to a dollar, a Nigerian applying for the non-immigrant U.S. visa at $160 fee was made to pay ₦64, 000 instead of ₦48, 840. The ₦400-to-a dollar exchange rate allowed the U.S. Consulate to cream off excess gain of ₦15, 200 per applicant”
This action was justified as reported in the Guardian, in a mail sent to Darcy Fyock Zotter, the Public Affairs Officer U.S. Consulate, Lagos, who said:
“We note that there are multiple exchange rates listed for Nigeria. The U.S. Mission Nigeria uses a market-based exchange rate for the payment of U.S. visa fees.”
The exchange rate has been reduced to ₦360 per dollar.

Accountability

Truly the clear exhortation shows that the grass may not be greener at the other side and perhaps Nigerians inability to hold their leaders accountable by asking the right questions and by extension, the American Consulate.   Culled from the The Guardian.   Feature image photo credit: dailykobo.com
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