President Bola Tinubu launched a new expatriate employment levy on Tuesday at the State House Council Chambers in Abuja.
This initiative by the Federal Ministry of Interior aims to boost revenue generation, create more job opportunities for Nigerians in foreign companies in Nigeria, and reduce the wage gap between expatriates and Nigerian workers.
The Minister of Interior, Olubunmi Tunji-Ojo, shared this information on his official X (formerly) Twitter account on Tuesday, February 27, 2024. The project will operate on a Public-Private Partnership (PPP) model, with the Nigeria Immigration Service (NIS) as the implementing agency.
Tunji-Ojo, in his post, said, ‘’President Bola Tinubu (GCFR) today launched the Expatriate Employment Levy at the State House Council Chambers. The project will be operated on a Public Private Partnership (PPP) model between the Federal Government of Nigeria, represented by the Ministry of interior as the guarantor with the Nigeria Immigration Service (NIS), as implementing agency.
’”The new initiative is expected to generate revenue for the government; improve nationalization/indigenization; increase employment opportunities for Nigerians with foreign companies operating in the country; balance employment opportunities between Nigerians and expatriates; close wage gaps between the expatriates and the Nigerian Labour Force; and facilitate knowledge transfer to grow the economy.”
