On March 8, 2024, following a stakeholders’ meeting at the Federal Ministry of Interior (FMI), the Federal Government of Nigeria, through the FMI, issued a Stay-Action on the recently launched Expatriate Employment Levy (EEL).
The Minister of Interior, Olubunmi Tunji-Ojo, clarified that the stay-action was necessitated because of various concerns raised by stakeholders, including concerns about the heavy financial burden and disincentive this new levy would impose on businesses already overtasked in a tough economy.
According to the Minister, the EEL policy was initiated to discourage abuse of the Expatriate Quota system and promote the development of the local workforce. However, the Ministry is willing to engage further with concerned stakeholders on the matter to find mutually acceptable solutions.
We will continue to monitor developments in this space and provide you with updates as applicable.
For inquiries about the EEL or any immigration matters, please send an email to clients@vi-m.com.