Nigerian President Bola Tinubu introduces Expatriate Employment Levy (EEL) to promote local skill retention and job opportunities balance.

Nigerian President Bola Tinubu has introduced the Expatriate Employment Levy (EEL), a policy aimed at promoting home-grown skill retention, technology domestication, and a greater balance of job opportunities between Nigerians and expatriates. The levy, implemented through a public-private partnership model, requires foreign companies operating in Nigeria to pay $15,000 for directors and $10,000 for other categories, encouraging them to hire more qualified locals. The initiative aligns with Tinubu's eight-point agenda on job security and economic growth.

February 28, 2024
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