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FG suspends Expatriate Employment Levy to address stakeholders’ concerns

Credible News by Credible News
March 9, 2024
in Conflict, Economy, Legal, News
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Interior Minister Olubunmi Tunji-Ojo

Interior Minister Olubunmi Tunji-Ojo

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The Federal Government is willing to address stakeholders’ concerns over the recently-launched Expatriate Employment Levy, EEL, Minister of Interior, Olubunmi Tunji-Ojo has disclosed.

Tunji-Ojo, at a meeting Friday with the Minister of Industry, Trade and Investment, Mrs Doris Uzoka-Anite and trade association officials said it was necessary to foster constructive dialogue and explore ways to enhance the implementation of the policy while ensuring the welfare of Nigerians and promoting investment.

Tunji-Ojo stressed the Federal Government’s commitment to listening to stakeholders and engaging in meaningful dialogue.

He noted the importance of striking a balance between attracting foreign investment and prioritising human capital development to benefit Nigerians.

“We understand the concerns raised by stakeholders, and we are committed to finding solutions that promote investment while safeguarding the interests of Nigerians,” the Minister said.

He added that the EEL policy was initiated to discourage abuse of the Expatriate quota system and promote the development of the local workforce.

Tunji-Ojo also reiterated government’s focus on security and economic prosperity, emphasising the need for transparent and law-abiding business practices.

The minister assured stakeholders of the Ministry’s willingness to engage further and find mutually acceptable solutions.

The meeting resolved that the implementation of the policy should be put on hold for further dialogue among stakeholders even as it remained committed to pursuing strategic partnerships to ensure that “our processes align with modem standards and safeguard Nigeria’s national interests.”

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Tags: EELTunji-Ojo
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