General
Firm Launches US1 EB-5 Visa Investment Program in Nigeria
By Modupe Gbadeyanka
A company known as Atlantic American Partners (AAP) has commenced helping potential applicants for the United States EB-5 Immigrant Investor Program in Nigeria.
This visa programme is a convenient way to assist potential investors in Nigeria to secure a hassle-free immigration process to live, work, and attend school in the United States, while also getting a reasonable return on their initial investment.
The EB-5 visa creates opportunity for foreign investors to invest in the United States and become legal permanent residents in the ‘God’s own country’ with a green card, along with several other benefits including the ability to travel to one’s homeland from the United States without a visa, ability to sponsor family members for a green card after becoming a citizen, access to low or no cost- high-quality primary and secondary public education; and thereafter public or private colleges and universities for participants and their children (21 years old and under, unmarried) at the same cost as US citizens.
Down the road, if the applicant desires, he can apply for US Citizenship and sponsor other family members to move to and live in America.
During a business meeting to attract investors from Nigeria, Managing Director of Atlantic American Partners, Mr Daniel Ryan, explained in great detail the EB-5 investor visa program, along with its remarkable benefits.
He stated that “the EB-5 visa was introduced in 1990 by the United States Congress and has since enabled a large number of families to live the American dream by granting them permanent residency through investments made in ‘trophy’ new commercial real estate investments such as luxury hotels, luxury rental apartments/flats, and most recently; high-quality student rental housing at American Universities.
“The EB-5 program requires each EB-5 investor to invest $500,000 in the United States with projects that Atlantic American Partners oversees as ‘trustee’ that will yield at least 10 permanent jobs, per applicant, for United States citizens.”
Mr Ryan also said it was important to note that “dual citizenship” between USA and Nigeria is available, adding another tangible benefit to invest in this program.
AAP partners with the highest quality property developers in the US. Annually, AAP reviews over 300 investment request submittals from high-quality property developers, and chooses only 3-4 per year, due to strict underwriting criteria and conservative financial strategic investing.
According to Mr Ryan, acquiring the green card under the EB-5 investment program is a two-part process, with the first step referred to as the “I-526” which is taking about 18-24 months at present for approval; after the $500,000 investment has been made, along with a $45,000 administrative fee payable to AAP which covers the cost to provide audited financial statements and all administrative needs for the investor throughout the entire EB-5 process, including quarterly newsletter updates. In addition, AAP will assist the applicant in hiring a top-notch international immigration EB-5 law firm, based in USA, that is familiar with African culture and provides excellent legal consultation and processing of the actual USCIS application documentation.
The immigration attorney will assist in filing the paperwork in this first step in the process, referred to as the “I-526”.
He said, “Following approval, a conditional green card is then issued, which provides the full benefits of an actual green card, pending in due time the job creation requirement is proven. After 21 months from I-526 approval, the investor with the guidance by AAP and the immigration attorney can file for the second part of the application process referred to as the ‘1-829’. Once the 1-829 application is approved, the conditional green card would then be converted into a permanent green card.”
Atlantic American Partners works for investors by engaging and investing in projects that will ensure job creation, thus enhancing the opportunity of permanent residency. AAP also offers investors an array of solutions to ensure a profitable and successful investment portfolio including a diversified fund model which enables an investor to own an equal share in a fund invested in multiple projects; not just one commercial real estate investment project, as many of AAP’s competitors provide, lowering the investment risk.
This unique model by Atlantic American Partners not only diversifies investment risk; but also precludes the loss of capital, which in turn helps investors get their money back with profit made through capital gains, along with a 2 percent annual interest rate paid to the applicant each year (equal to $10,00 per year), when the diversified properties held in each “fund” are liquidated (sold).
AAP is unique in the EB-5 investor visa industry by including a “sunset” clause in the investment document agreements that state it has the right to sell the assets no later than 6 years after the project has begun. This is another advantage to investing with Atlantic American Partners.
Atlantic American Partners is part of a 45-year old investment banking firm (www.ceaworldwide.com) that had been involved more than $40 billion in equity and debt transactions in a variety of industries and fields in over 100 countries around the world.
It commenced operations in Africa in early 2018 and has recorded tremendous success in South Africa, Kenya and Ghana; with numerous applications exceeding projection before coming to Nigeria.
To date, Atlantic American Partners has helped over 600 families with their EB-5 immigration process, completed successfully 29 projects, invested more than $300 million, and has a 100 percent approval rate on applicant I-526 and I-829 project immigration approvals.
By Adedapo Adesanya
The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has promised to enhance transparency and ensure that the NUPRC’s internal communications are fully digital.
Mrs Eyesan said this when the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr Musa Adar, visited the commission’s corporate headquarters in Abuja.
“We have set for ourselves a 60-day programme to digitise our interactions and communications within the commission. I can assure you that once we get to day 60, there will be no paper trail within the Commission. All our transmissions will be electronic, which also means speed is assured. It means we will be able to trace where we have hiccups,” Mr Eyesan said.
The NUPRC boss said digitising processes often leads to better results, like the enforcement of payments of royalties.
“I can tell you without a shadow of doubt that for royalty payments, the default rate was enormous prior to 2025 when the Commission went live on the system. Now, compliance has improved,” Mrs Eyesan said.
The NUPRC boss sought a deepened relationship with NEITI, which will foster transparency, especially amid the 2025 Licensing Round.
In his remarks, the NEITI’s scribe said there was a need for the NUPRC to carry the agency along in its operations as this would not only enhance transparency but also deepen investor confidence.
Mr Adar also urged the commission to be firm on oil companies that run afoul of the Petroleum Industry Act.
Speaking on the Extractive Industries Transparency Initiative, Mr Adar asked that the NUPRC actively participate in the 2026 EITI flagship conference, which will provide the Commission with better insights into the standards that guide EITI implementation.
The NEITI boss also sought support from the Commission in the area of data sharing, which will enhance the operations of the agency.
“We are here to seek understanding, and we must collaborate,” Mr Adar said.
By Modupe Gbadeyanka
The acting Inspector-General of Police (IGP), Mr Tunji Disu, has been charged to do everything within his powers to restore peace and strengthen security across the nation.
This task was given to the new police chief by President Bola Tinubu after being decorated at the State House in Abuja on Wednesday.
Mr Disu was chosen to succeed Mr Kayode Egbetokun on Tuesday. His appointment is expected to be approved by the Nigeria Police Council and confirmed by the Senate next week.
President Tinubu described Mr Disu’s appointment as coming at a critical moment, urging him to rebuild public confidence in the police’s capacity to do their job in collaboration with other security forces.
“I made this decision for you to assume this responsibility. I know your record. I saw the dedication you exhibited while you were in Lagos when I was governor,” the President said.
“Lead firmly but fairly, demand professionalism at every level and ensure that the safety of lives and property remains our highest priority. It’s a daunting challenge. I know you can do it. You have my word, you have my full support,” he added.
Mr Tinubu urged him to advance the security pillars of his administration’s Renewed Hope Agenda. He expressed confidence in the Acting IGP’s discipline, operational experience and leadership capacity.
“Nigeria is challenged with banditry, terrorism and other criminal activities. You will be part of the thinking and innovation to overcome them,” the President said, reaffirming his belief that Nigeria would prevail under a committed leadership.
The President also paid tribute to Mr Egbetokun, who was present with his spouse, saying, “We are a grateful nation. Nigeria appreciates your contribution to maintaining law and order.”
He urged Egbetokun to be ready to offer useful advice to his successor and wished him and his family peace, good health and success in future endeavours, noting,
“You have not succeeded without a good successor. His success will also be part of your legacy.”
Mr Tinubu urged all security stakeholders to work collectively to safeguard lives and property during this critical period.
By Modupe Gbadeyanka
The chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has lamented how “people now defraud the government and individuals and invest in real estate.”
He raised this concern when he received the executives of the Association of Real Estate and Property Managers (AREAPM) in Edo State on Wednesday.
The EFCC chief, represented by the acting Zonal Director and Deputy Commander of the Commission, Mr Sa’ad Hanafi Sa’ad, warned real estate managers against money laundering.
“We have noted with grave concern that fraudsters are laundering money and hiding proceeds of crime through real estate and property. People now defraud the government and individuals and invest in real estate,” he stated.
He noted that the agency would continue to discharge its statutory mandate of bringing those who seek to circumvent the system to book.
“As a commission, we recognise the role of Real Estate and Property Managers. Property Managers are designated non-financial businesses and professions.
“So, we expect them to be professionals and uphold the relevant rules and regulations in the discharge of their duties,” he stated, adding that, “The commission will apply the laws when there is a breach of relevant rules and regulations.”
He assured the AREAPM executives of the organisation’s willingness to collaborate with them in dealing with fraud and criminality in the sector.
“We have a unit, the Land and Property Fraud Section, which attends to issues in that regard. So, when you have challenges, you can report to us,” he stated.
In his remarks, the chairman of AREAPM in Edo State, Mr Akpesiri Michael Egbonoje, stated that the essence of the visit was to seek areas of collaboration with the commission and work out ways of combating real estate financial crimes and fraud in the state.
“Part of our strategy is to familiarise ourselves with law enforcement agencies in the state and seek for collaborative relationships. As a body, we cannot do it alone; we need help in the areas of financial crimes.
“We have tried to sanitise the space, but we realised that your agency is at the apex when it comes to dealing with financial crimes.
“We believe that structured collaboration between AREARM and the EFCC will promote financial transparency, investor confidence, and accountability within the real estate sector.”
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