Passport Booklets Scarcity Due To CBN’s Forex Policy – NIS
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Nigeria News
The Nigeria Immigration Service (NIS) has named the policies of the Central Bank of Nigeria (CBN) as one of the reasons for the scarcity of passport booklets In the country.
The Comptroller-General of NIS, Idris Jere, disclosed this on Tuesday while appearing before an ad hoc committee of the House of Representatives investigating the production of passport booklets in Nigeria.
Mr Jere noted that major components for producing booklets are sourced from overseas, hence the need for foreign exchange (forex) from the CBN. He informed the lawmakers that the lack of forex has affected the production of booklets.
“Foreign exchange regulation policy of the government and CBN’s refusal to grant access to forex for importation of the passport booklet………we generate forex from the sale of passport but we do not have access to buy the same booklet and that is a challenge for NIS.
“The factors responsible for the scarcity of passports include the inability to set up passport producing factory in Nigeria as its production is done abroad,” he said.
The Nigeria Immigration Service (NIS) has named the policies of the Central Bank of Nigeria (CBN) as one of the reasons for the scarcity of passport booklets In the country.
The Comptroller-General of NIS, Idris Jere, disclosed this on Tuesday while appearing before an ad hoc committee of the House of Representatives investigating the production of passport booklets in Nigeria.
Mr Jere noted that major components for producing booklets are sourced from overseas, hence the need for foreign exchange (forex) from the CBN. He informed the lawmakers that the lack of forex has affected the production of booklets.
“Foreign exchange regulation policy of the government and CBN’s refusal to grant access to forex for importation of the passport booklet………we generate forex from the sale of passport but we do not have access to buy the same booklet and that is a challenge for NIS.
“The factors responsible for the scarcity of passports include the inability to set up passport producing factory in Nigeria as its production is done abroad,” he said.
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