Politics
“For $5m this could be yours.” – President Trump presents his “gold card” immigration visa which gives buyers permanent residency in the US
US President Donald Trump has unveiled a $5 million “gold card” immigration visa for wealthy foreign investors to have permanent residency in the US
Trump unveiled the card while talking with reporters aboard Air Force One on Friday, calling it the “Trump card.”
The new visa pathway offers permanent US residency and a route to citizenship in exchange for a $5 million investment. The gold-coloured card is set to replace the current EB-5 visa program.
Showing off the new card aboard Air Force One, Trump said, “For $5 million, this could be yours. That was the first of the cards. You know what that card is? It’s the gold card—the Trump card.” Trump added that the US would start issuing the card in less than two weeks.
When asked who the fist buyer was, Trump responded, “It’s me. It’s pretty exciting, right?”
The Gold Card initiative is designed to generate economic growth through high-level foreign investment. The administration plans to discontinue the EB-5 visa program, which requires a $1 million investment and the creation of at least ten jobs. Commerce Secretary Howard Lutnick criticised the EB-5 program, calling it “full of nonsense, make-believe and fraud.”
He added that the new Gold Card will attract “wonderful, world-class global citizens.”
President Trump emphasised the potential economic benefit of the program. He estimated that selling one million Gold Cards could bring in $5 trillion in revenue. “We have $35 trillion in debt. That’ll be nice, so we’ll see,” Trump stated.
The card does not offer immediate citizenship but grants lawful residence with eligibility for citizenship likely after five years, pending verification of the applicant’s status as a global citizen.
Further details on the application process and qualification criteria are expected to be released in the coming weeks.
🎥: @foxnews
Chairman, Policy Manifesto Committee of the African Democratic Congress, ADC, John Odigie-Oyegun, says former president Muhammadu Buhari gave him the shock of his life, six months into his administration as Nigeria’s leader.
Oyegun made this disclosure on Friday when he featured in an interview on Arise Television’s ‘Prime Time’.
He revealed that as National Chairman of the All Progressives Congress, APC, he went to tell Buhari that he was not delivering his election promises to Nigerians but that the late president told him he would not rule with strictness, but rather wanted to show Nigerians that he is a true civilian president.
The former APC National Chairman lamented that it became business as usual, from there.
“I was national chairman of the APC. Six months or less into our assuming office, fairly alarmed, I went to the late President Buhari for a one-on-one talk. I said Mr President, this is not what the people were expecting. They wanted a bit of the old president Buhari.
“And he explained to me, Mr Chairman, I have learned my lesson. I was shocked. And don’t forget at that time, a lot of prominent Nigerians took their holidays abroad, just to be sure and see what this new sheriff in town will be.
“Buhari told me he wants to now show the people that he’s a true civilian president in Agbada. And by the time we finished the conversation, I said Oh God, we are finished. Because, if he’s not ready to be strict, what’s the point?
“Weeks later, months later, years later, I was proven correct. And of course, it became business as usual, only that they are a new set of tenants in Aso Rock. That was a shocker,” he said.
Former lawmaker, Dino Melaye Esq, has raised concerns over the Senate’s reported rejection of the electronic transmission of election results.
The move, according to Melaye, is a clear endorsement of election rigging and an indication of a sinister plan to rig the 2027 elections.
In a statement on Friday, the former lawmaker criticized the Senate’s decision, stating that it undermines the credibility of the electoral process.
The African Democratic Congress, ADC chieftain, also stated that the move opens the door for electoral manipulation and fraud.
He further warned that the rejection of electronic transmission of results is a step backwards for democracy in Nigeria.
Melaye called on lawmakers and citizens to stand up against “this blatant attempt to undermine the will of the people and ensure that future elections are free, fair, and transparent”.
Former Minister of Education, Oby Ezekwesili, has said Nigerians have every reason to be mad at the Senate over the ongoing debate on e-transmission of election results.
Ezekwesili made this known on Friday when she featured in an interview on Arise Television’s ‘Morning Show’ monitored by DAILY POST.
DAILY POST reports that the Senate on Wednesday turned down a proposed change to Clause 60, Subsection 3, of the Electoral Amendment Bill that aimed to compel the electronic transmission of election results.
Reacting to the matter, Ezekwesili said, “The fundamental issue with the review of the Electoral Act is that the Senate retained the INEC 2022 Act, Section 60 Sub 5.
“This section became infamous for the loophole it provided INEC, causing Nigerians to lose trust. Since the law established that it wasn’t mandatory for INEC to transmit electoral results in real-time, there wasn’t much anyone could say.
“Citizens embraced the opportunity to reform the INEC Act, aiming to address ambiguity and discretionary opportunities for INEC. Yet, the Senate handled it with a “let sleeping dogs lie” approach. The citizens have every reason to be as outraged as they currently are.”
How Buhari shocked me 6 months into his administration – Oyegun
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