Suspension Of The Expatriate Employment Levy.
Following our newsletter of 7th of March 2024, and in an interesting turn of events, the Federal Government of Nigeria has now suspended the implementation of the recently published Handbook on Expatriate Employment Levy. This was announced to the public through a statement made by Mr. Ozoya Imohimi, the Director, Press and Public Relations at the Federal Ministry of Interior.
This resolution was taken following a successful Trade and Investment outreach led by President Bola Ahmed Tinubu in Qatar and a productive meeting with the Minister of Industry, Trade and Investment, Doris Aniete, and the Minister of Interior, Olubunmi Tunji-Ojo. The reasons for the suspension of the Expatriate Employment Levy were among other things; The need to give room for further consultations with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and other essential stakeholders.