Hoping to tax itself out of the present financial challenge, the Nigerian Government has announced a massive rate hike in the cost of procuring a Nigerian passport, a mandatory document required for international travels.
Announcing the new rates, officials at the Ministry of Interior explained that the higher cost was inevitable if Nigerian passports must uphold their quality and integrity.
The ministry said that the new fee for the 32-page Passport booklet, which has a validity of five years, Previously priced at Thirty-five Thousand Naira (N35,000.00), it will now be Fifty Thousand Naira (N50,000.00) only.
The fee for the 64-page Passport booklet with a validity of 10 years has been raised from Seventy Thousand Naira (N70,000.00) to One Hundred Thousand Naira (N100,000.00).
The ministry announced that the fees for those in the Diaspora will however, remain the same.
