MAN Applauds FG on Suspension of Expatriate Employment Levy

By Azeez Disu

The Manufacturers Association of Nigeria (MAN) has applauded the federal government for the recent suspension of the implementation of the Expatriate Employment Levy (EEL), describing it as a decision that would reassure the business community and investors of the government’s commitment to providing friendly business environment.

Recall, EEL launched on February 28, was introduced by the federal government to close wage gaps between expatriates and the Nigerian labour force. The expatriate employment levy, which provides guidelines on the employment of Nigerians in foreign-owned companies, requires firms to pay levies for hiring expatriates.

Commenting on the suspension, Segun Ajayi-Kadir, Director General/Chief Executive Officer of MAN said: “MAN had earlier made a representation to Mr President and copied to the Ministers of Finance and Coordinating Minister of the Economy; Industry, Trade and Investment; and Interior , to discontinue the enforcement of the levy and followed up with the aforementioned Ministers.

Ajayi-Kadir added that,” MAN deeply appreciates the swift intervention of the Minister of Finance and Coordinating Minister of the Economy.

“We acknowledge the important role of the Minister of Industry, Trade and Investment. We equally recognize the support of the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform. Quite importantly, we commend the Minister of Interior for doing the needful in the interest of domestic and foreign private sector investors in Nigeria. There is no doubt that the anxiety that enveloped the business community following the introduction of the levy has abated.

“Also, the international business community, particularly those with whom we have signed trade agreements, would also be reassured of our commitment to the creation of a congenial business environment.”

 

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