The recent suspension of the Employment Expatriate Levy by the Nigerian government has been hailed as a positive step towards inclusivity and responsiveness by the Centre for the Promotion of Private Enterprise (CPPE). In a statement released by CPPE Director Muda Yusuf, it was emphasized that existing laws and regulations already address the issues targeted by the EEL, such as the Nigeria Immigration Act and the Expatriate Quota Handbook.
CPPE highlighted the need for the government to enforce these regulations effectively to prevent expatriates from displacing local businesses, particularly in the retail sector. The organization commended President Bola Ahmed Tinubu’s administration for listening to stakeholders’ concerns and taking action to address them.
While reflecting on the next steps, CPPE emphasized the importance of strengthening existing institutional and regulatory frameworks rather than introducing new policies. The organization pointed out instances of expatriates operating in the retail sector, competing with local traders, despite Nigeria’s expertise in this area.
The decision to suspend the EEL, which would have imposed a levy on employers hiring expatriates in Nigeria, came after CPPE and other stakeholders raised concerns about its potential impact on foreign direct investment. CPPE’s stance against the implementation of the levy underscores the need for a balanced approach to regulating expatriate employment in Nigeria.
The move to suspend the EEL demonstrates the government’s willingness to engage with stakeholders and address their concerns. By focusing on strengthening existing regulations and enforcement mechanisms, Nigeria can ensure a level playing field for both local and foreign businesses in the country’s market.
