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March 8, 2024 FG Suspends Implementation Of Expatriate Employment Levy

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, in collaboration with key stakeholders, has announced a temporary suspension of the recently introduced Expatriate Employment Levy by the Federal Ministry of Interior, administered by the Nigerian Immigration Service.

This decision follows a successful Trade and Investment outreach led by President Bola Ahmed Tinubu in Qatar, including a productive meeting with the Ministers of Industry, Trade and Investment, and Interior. The NACCIMA president, Dele Kelvin Oye, expressed gratitude to the government for their willingness to engage in dialogue, and reassured investors of the commitment to aligning policies with economic objectives, making Nigeria an attractive destination for investments. The suspension allows for further consultations, with a joint committee formed to review the Expatriate Employment Levy policy. Investors are encouraged to continue their business activities and investment plans with confidence in the government's support for economic growth.

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