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FG suspends Expatriate Employment Levy

Adamu Dangombe by Adamu Dangombe
March 8, 2024
in Business, News, Politics
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FG suspends Expatriate Employment Levy
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The implementation of the Expatriate Employment Levy has been suspended by the Federal Ministry of Interior.

On Tuesday, 27 February 2024, President Bola Ahmed Tinubu, GCFR introduced the Expatriate Employment Levy (EEL).

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The postponement of the levy’s enforcement has been communicated in a press statement released by the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), in conjunction with important partners.

As per the press statement, the subsequent decisions were made after a discussion with the Minister of Industry, Trade, and Investment as well as the Minister of Interior.

“The implementation of the Expatriate Employment Levy will be paused to allow for further consultations with NACCIMA and other vital stakeholders.

“A joint committee, comprising members of the Ministry of Industry, Trade and Investment, the Ministry of Interior, NACCIMA, and other stakeholders, will be formed to review the EEL policy.

“The rollout of the EEL, as initially proposed, will be deferred in accordance with the resolutions made,” the statement partly read.

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