FG temporarily suspends Expatriate Employment Levy 

The federal has announced the temporal suspension of the Expatriate Employment Levy (EEL) recently introduced by the Minister of Interior, Olubunmi Tunji-Ojo.  

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), along with key partners, announced the postponement in a press release. 

The suspension was coming barely a few weeks after the policy was introduced.  

The EEL policy was designed to impose taxes on foreign workers, which in turn encourages companies to hire qualified local workers for the same roles.  

However, the policy has faced multiple criticisms, with some arguing that it could deter foreign investment and diminish economic efficiency.  

Earlier last week, President Bola Tinubu  launched an expatriate employment levy, an initiative by the Federal Ministry of Interior, at the State House Council Chambers in Abuja