The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has disclosed that the Federal Government has agreed to suspend the enforcement of the recently enacted Expatriate Employment Levy.
A statement signed by the National President, the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, Dele Oye, noted that the resolution was reached after a meeting with the Minister of Industry, Trade and Investment and the Minister of Interior.
It stated, “It was unanimously agreed that the implementation of the Expatriate Employment Levy will be paused, allowing for further consultations with NACCIMA and other vital stakeholders, a joint committee comprising members of the Ministry of Industry, Trade and Investment, the Ministry of Interior, NACCIMA, and other stakeholders will be formed to review the EEL policy, the rollout of the EEL, as initially proposed, will be deferred by the resolutions made.
“We extend our gratitude to the Federal Government of Nigeria, the Ministry of Industry, Trade and Investment, and the Ministry of Interior for their magnanimity, understanding, and willingness to engage in dialogue and consider the implications of the EEL on the business community. This is indicative of their commitment to creating an inviting atmosphere for both local and international investors.”
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