The President, Bola Tinubu, has launched an expatriate employment levy – an initiative by the Ministry of Interior – at the State House Council Chambers in Abuja.
The Minister of Interior, Olubunmi Tunji-Ojo, via his X handle wrote: “President #officialABAT (GCFR) today launched the Expatriate Employment Levy at the State House Council Chambers. The project will be operated on a Public Private Partnership (PPP) model between the Federal Government of Nigeria represented by the Ministry of interior as the guarantor with the Nigeria Immigration Service (NIS), as implementing agency.
“The new initiative is expected to generate revenue for the government; improve nationalization/indigenization; increase employment opportunities for Nigerians with foreign companies operating in the country; balance employment opportunities between Nigerians and expatriates; close wage gaps between the expatriates and the Nigerian Labour Force; and facilitate knowledge transfer to grow the economy.”
Source: X | Dolusegun16, BTOofficial