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Nigeria Imposes Additional Levy On Employers Of Expatriate Workers: On 27th February 2024, the President of Nigeria, Bola Ahmed Tinubu, approved the implementation of an annual Expatriate Employment Levy Scheme (the “EEL Scheme”). The principal effect of the EEL Scheme is that a private company or other private sector organisation in Nigeria that engages expatriate workers for a period equal to 183 days or more within a fiscal year, is required to pay an annual expatriate employment levy (the “levy”) to the Nigerian government in the sum of USD15,000 (for directors) and USD10,000 (for other expatriates i.e. non-directors). ? In our policy brief, we highlight the impact / things to note and assess the purported objectives of the EEL Scheme vis-s-vis the details set out in the EEL operational guidelines published by the Ministry of Interior. We also share our insight on recent foreign-investment related actions by the Ministry. Read the policy brief below. #ExpatriateEmployment #PublicPolicy

Adegoke Abiola

Communications & Strategy | Brands & Marketing | Public Policy & Advocacy

1 年

Very Insightful and clear!

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