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You are at:Home»Breaking News»The increase in passport fees is because of the exchange rate – Minister
Breaking News

The increase in passport fees is because of the exchange rate – Minister

DailyblastBy DailyblastSeptember 29, 2024002 Mins Read
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The Minister of Interior, Olubunmi Tunji-Ojo, has defended the recent 45% increase in Nigerian passport fees, attributing the rise to fluctuations in the exchange rate between the naira and the dollar. Speaking at a media briefing in Abuja, marking his first year in office, Tunji-Ojo explained that the government could no longer subsidize the cost of passports.

In August, the Nigerian Immigration Service announced a price hike for Nigerian Standard Passports. Under the new pricing, a 32-page passport booklet with a five-year validity, previously charged at N35,000, now costs N50,000. Meanwhile, a 64-page passport booklet with a 10-year validity has increased from N70,000 to N100,000.

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Many Nigerians have expressed dissatisfaction with the new fees, with some accusing the government of making it more expensive for citizens to seek opportunities abroad, a trend popularly referred to as “japa.” However, the minister dismissed the criticism, emphasizing that the increase was necessary given the prevailing economic conditions.

Tunji-Ojo also clarified that the fee adjustment applies only to Nigerians within the country, with no change in passport fees for those living abroad. He said; 

“The increase in passport fees is a matter of cost-benefit analysis, especially when you consider the exchange rate between the dollar and the naira. If the government were to subsidise anything, I don’t think it should be passports. The increase is just from N35,000 to N50,000 — only about 45 per cent. There has been no increase for Nigerians abroad.”

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