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    Obafemi Hamzat Appoints Musiliu Obanikoro as Campaign DG for 2027 Lagos Governorship Bid

    Obafemi Hamzat Appoints Musiliu Obanikoro as Campaign DG for 2027 Lagos Governorship Bid

    Lagos Sets Benchmark as Nigeria’s Only Five-Star State in Latest pSPI Rating

    Lagos Sets Benchmark as Nigeria’s Only Five-Star State in Latest pSPI Rating

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Germany Loses UN Security Council Seat For First Time Since 1973

    Germany Loses UN Security Council Seat For First Time Since 1973

    NERC Approves Compensation for Band A Customers Over Poor Electricity Supply

    NERC Approves Compensation for Band A Customers Over Poor Electricity Supply

    Tinubu Meets NASS Leaders Over Push for State Police

    Tinubu Meets NASS Leaders Over Push for State Police

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Police Debunk Rumours Of Freedom For Abducted Oyo Pupils, Teachers

    Heavy Security at Aso Rock Villa as Protest Looms Over Abducted Schoolchildren

    Heavy Security at Aso Rock Villa as Protest Looms Over Abducted Schoolchildren

    Dapo Abiodun's Newly Commissioned Road in Abeokuta Washed Away At First Rain

    Dapo Abiodun’s Newly Commissioned Road in Abeokuta Washed Away At First Rain

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    Obafemi Hamzat Appoints Musiliu Obanikoro as Campaign DG for 2027 Lagos Governorship Bid

    Obafemi Hamzat Appoints Musiliu Obanikoro as Campaign DG for 2027 Lagos Governorship Bid

    Lagos Sets Benchmark as Nigeria’s Only Five-Star State in Latest pSPI Rating

    Lagos Sets Benchmark as Nigeria’s Only Five-Star State in Latest pSPI Rating

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Germany Loses UN Security Council Seat For First Time Since 1973

    Germany Loses UN Security Council Seat For First Time Since 1973

    NERC Approves Compensation for Band A Customers Over Poor Electricity Supply

    NERC Approves Compensation for Band A Customers Over Poor Electricity Supply

    Tinubu Meets NASS Leaders Over Push for State Police

    Tinubu Meets NASS Leaders Over Push for State Police

    Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu

    Police Debunk Rumours Of Freedom For Abducted Oyo Pupils, Teachers

    Heavy Security at Aso Rock Villa as Protest Looms Over Abducted Schoolchildren

    Heavy Security at Aso Rock Villa as Protest Looms Over Abducted Schoolchildren

    Dapo Abiodun's Newly Commissioned Road in Abeokuta Washed Away At First Rain

    Dapo Abiodun’s Newly Commissioned Road in Abeokuta Washed Away At First Rain

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Trump’s $1M ‘Gold Card’ Residency Scheme Approves First Applicant, Says Commerce Chief

Contributor by Contributor
April 24, 2026
in International
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Trump’s $1M ‘Gold Card’ Residency Scheme Approves First Applicant, Says Commerce Chief
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The administration of Donald Trump has begun rolling out its controversial “gold card” residency programme, with the United States granting approval to its first successful applicant.

The initiative, introduced through an executive order signed in September last year, allows wealthy individuals to secure U.S. residency by making a significant financial contribution. Applicants are required to pay $1 million, while corporate-backed applications are pegged at $2 million.

Applications officially opened in December, and according to U.S. Commerce Secretary Howard Lutnick, interest has been strong. Speaking before a congressional committee, Lutnick revealed that “hundreds” of applicants are currently in line undergoing the review process.

In addition to the main payment, applicants must also pay a $15,000 processing fee to the Department of Homeland Security. Authorities say all submissions will undergo strict vetting procedures before approval.

The “gold card” scheme forms part of a broader immigration policy shift under the Trump administration, which has also introduced measures such as a proposed $100,000 annual fee on H-1B skilled worker visas.

President Trump has defended the programme, arguing that it will attract wealthy investors and job creators while helping to reduce the country’s national deficit. However, critics have questioned the fairness of the policy, warning that it effectively places a price tag on U.S. residency.

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Since returning to office in 2025, the administration has adopted a tougher immigration stance, including stricter entry policies and an increase in deportation operations nationwide.

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  • Obafemi Hamzat Appoints Musiliu Obanikoro as Campaign DG for 2027 Lagos Governorship Bid
  • Dangote Pushes Peugeot Revival as Nigeria Tries to Rebuild Local Auto Industry
  • Lagos Sets Benchmark as Nigeria’s Only Five-Star State in Latest pSPI Rating
  • Police Arrest Suspect Linked To Viral AI-Generated Audio Impersonating President Tinubu
  • Germany Loses UN Security Council Seat For First Time Since 1973

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