bank of america nigeria lagos

bank of america nigeria lagos
What should I expect at arriving at Lagos, Nigeria Airport?

I am an American who has traveled and lived in South Africa and will soon be traveling to Nigeria. I know it will be different than traveling into South Africa from US. I plan to stay with locals in Lagos. I want to know what to expect when I get off the plane, go thru baggage, go thru customs. and hed into Lagos. Money, banks, what should I expect as far as can I go to an ATM and get cash with my ATM Visa from America? How much cash should I bring on hand to show I can take care of myself. How much cash on hand is to much? If you can help thank you very much.

PRETTY GLOOMY !!!

“Upon Arrival in Lagos airport we get our first experience of what this country is all about. Although the first passport and visa check was easy to pass, that could not be said about the second obstacle: bagage claim… While standing there for two hours, waiting for our suitcases we had two complete powerfailures (everything went dark, even controltowers etc). Finaly we got out of the airport. On our way to our hotel we saw the usual: burned out cars, travel accidents, endless missery as we passed miles of slums only the middle class locals were able to live in. ”

Money and Valuables
Before you go, organise a variety of ways to access your money overseas, such as credit cards, travellers’ cheques, cash, debit cards or cash cards. Check with your bank whether your ATM card will work overseas, but note that the use of ATM and credit cards is not recommended due to the prevalence of fraud. Nigeria is a cash economy and facilities for changing travellers’ cheques are limited.

Make two photocopies of valuables such as your passport, tickets, visas and travellers’ cheques. Keep one copy with you in a separate place to the original and leave another copy with someone at home.

While travelling, don’t carry too much cash and remember that expensive watches, jewellery and cameras may be tempting targets for thieves.

This information is current as of today, Thu Jan 24 09:22:00 2008.

NIGERIA

This Travel Warning is being issued to warn U.S. citizens of the possible dangers of travel to Nigeria, and to note the continued unstable security situation in the Niger Delta region. American citizens should defer all but essential travel to Delta, Bayelsa, and Rivers states because of the very high risk of kidnapping, robbery, and other armed attacks in these areas. American citizens who are resident in the Delta are strongly advised to review their personal security in light of the information contained in this Travel Warning when deciding whether to remain. The ability of the U.S. Government to provide consular services to Americans in these areas may be limited. This Travel Warning supersedes the Travel Warning for Nigeria issued January 19, 2007.

The Department of State continues to warn U.S. citizens of the possible dangers of travel to Nigeria. Periodically, travel by U.S. mission personnel is restricted based on changing security conditions, often due to crime, general strikes, or student/political demonstrations or disturbances. The lack of law and order in Nigeria poses considerable risks to travelers. Violent crime committed by ordinary criminals, as well as by persons in police and military uniforms, can occur throughout the country and tends to peak between November and January, during the holiday period.

After several weeks of armed clashes between heavily-armed rival militias, the security situation in Port Harcourt, Rivers State, has stabilized slightly, due to the presence of a large military Joint Task Force (JTF). Despite the JTF presence, however, one expatriate was killed during a kidnapping attempt and at least one other was taken hostage. The restoration of order remains fragile and the potential for violent outbreaks still exists. In 2007, over 150 foreigners in the Niger Delta region have been kidnapped from off-shore and land-based oil facilities, residential compounds, and public roadways mainly in Delta, Bayelsa, and Rivers states. While most hostages have been released unharmed, two expatriates have died since November 2006 while in captivity and many were held for weeks in hostile conditions. In response to the high number of kidnappings and two car bombs at oil company compounds in Port Harcourt, most oil industry personnel in the Niger Delta removed their dependents from the area and implemented “essential travel only” policies. U.S. citizens and other foreigners have been threatened during labor disputes. Criminal groups have kidnapped and held for ransom expatriate workers, including American citizens, and family members.

Latin America Business Forum 2009 – London Business School

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