Friday, 22 November, 2024

Tinubu launches expatriate employment levy 


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President Bola Tinubu launched the Expatriate Employment Levy (EEL) on Tuesday, aiming to facilitate the retention of home-grown skills, domesticate technology, and balance employment opportunities between Nigerians and expatriates.

In a statement, Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, highlighted that the President, speaking at the launch of the Expatriate Employment Levy handbook in Abuja.

Bola Tinubu [PHOTO CREDIT: Ajuri Ngelale]

Tinubu stressed the goal of closing wage gaps between expatriates and the Nigerian labor force while enhancing job prospects for qualified Nigerians in foreign-operated companies within the country.

Tinubu cautioned against using the scheme as an impediment to discourage foreign investors, stressing the need for clear implementation guidelines and effective pursuit of its objectives.

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“I declare my support for the Expatriate Employment Levy scheme and will continue to encourage its operators and immigration practitioners,” President Tinubu stated, emphasising the importance of not hindering potential investors.

The President also assured Nigerians of imminent progress, highlighting collaborative efforts within various government bodies to re-engineer the country’s finances and prioritize growth.

The Minister of Interior, Bunmi Tunji-Ojo, detailed that the project would operate on a public-private partnership model involving the federal government, the Nigeria Immigration Service (NIS), and technical partner, EEL Projects Limited, aligning with the President’s eight-point agenda, particularly on job security and economic growth.

“The objective is to ensure that expatriates are employed for roles that require skills not readily available among Nigerians,” Minister Tunji-Ojo explained, underscoring the initiative’s focus on technology domestication.


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