
TINUBU LAUNCHES EXPATRIATE EMPLOYMENT LEVY TO BOOST LOCAL JOBS
President Bola Tinubu earlier today in Abuja launched the Expatriate Employment Levy (EEL) to facilitate home-grown skill retention and technology domestication and to balance employment opportunities between Nigerians and expatriates.
The President believes the initiative will close wage gaps between expatriates and the Nigerian labour force while increasing employment opportunities for qualified Nigerians in foreign companies operating in the country.
Tinubu, however, warned that the scheme should not be used as an impediment nor as a cudgel wielded to discourage foreign investors.
The President also used the occasion to assure Nigerians that there is imminent light at the end of the tunnel as the country gradually turns the corner.
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