FG suspends $15,000 Expatriate Employment Levy…NECA, CPPE says Tinubu administration a listening government

The Nigeria Employers’ Consultative Association (NECA) and Centre for the Promotion of Private Enterprise (CPPE) have commended the federal government for putting on hold the implementation of the Expatriate Employment Levy (EEL). The government recently announced a $15,000 and $10,000 levy on companies employing expatriates as directors and staff, respectively. Director General of NECA, Mr Adewale-Smatt Oyerinde, said, “We commend the minister of interior and the minister of industry, trade, and investment for their roles in putting the EEL on hold. While we appreciate the objectives of the scheme and the need to address gaps in the management of expatriate employment in Nigeria, the decision by the government is nothing short of genuine concern for the plight of organized businesses. This has further affirmed President Bola Tinubu’s administration as a listening one. The speed of response to organized businesses’ concern was commendable and worthy of note.” Similarly, yesterday, the chief executive officer of CPPE, Mr Muda Yusuf, said the suspension of EEL was a demonstration of the fact that the Tinubu administration was responsive, democratic, and inclusive in its governance process.