Tinubu Launches Expatriate Employment Levy (EEL) to Foster Local Skill Retention and Empowerment

Expatriate Quota System in Nigeria

President Bola Tinubu unveiled the Expatriate Employment Levy (EEL) initiative on Tuesday, aimed at bolstering the retention of homegrown talent, promoting technology localization, and fostering a more equitable employment landscape between Nigerians and expatriates.

During the launch of the Expatriate Employment Levy handbook, President Tinubu emphasized the goal of narrowing wage disparities between expatriates and the Nigerian workforce while enhancing employment prospects for qualified Nigerians within foreign-owned companies operating in Nigeria.

While advocating for the equitable distribution of employment opportunities, President Tinubu cautioned against using the EEL scheme as a deterrent to foreign investment. He stressed the importance of ensuring that the initiative does not impede potential investors but instead facilitates a conducive environment for business growth and expansion.

“We anticipate increased revenue generation, enhanced naturalization and indigenization efforts, and a surge in employment opportunities for skilled Nigerians within foreign enterprises,” President Tinubu remarked.

He reiterated his support for the Expatriate Employment Levy scheme while urging stakeholders involved in immigration and expatriate quotas to align their efforts with the program’s objectives. President Tinubu underscored the need for clear implementation guidelines and effective coordination to maximize the initiative’s impact.

In addition to outlining the objectives of the EEL program, President Tinubu reassured Nigerians of imminent economic progress, highlighting collaborative efforts by various government agencies and institutions to steer the country towards sustainable growth and development.

Addressing the specifics of the initiative, Interior Minister, Mr. Bunmi Tunji-Ojo, outlined the project’s public-private partnership model involving the federal government, the Nigeria Immigration Service (NIS), and technical partner, EEL Projects Limited.

He emphasized the alignment of the initiative with President Tinubu’s eight-point agenda, particularly focusing on job security and economic prosperity. The minister underscored the importance of technology localization, ensuring that expatriates are hired only for roles where Nigerian expertise is unavailable.

The launch of the Expatriate Employment Levy signifies a significant step towards promoting indigenous talent development, fostering economic empowerment, and enhancing Nigeria’s competitiveness in the global marketplace. As the initiative unfolds, stakeholders are poised to collaborate closely to realize its full potential in driving sustainable growth and prosperity for all Nigerians.

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