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FG begins new expatriate job policy, violators risk N3m fine

 

 

Companies that breach the new Expatriate Employment Levy policy will pay N3m for each offence.

The offences are not submitting EEL, not registering an employee, a corporate entity not renewing EEL within 30 days, and providing false information on EEL.

The Expatriate Employment Levy is a financial contribution imposed on employers who hire foreign workers.

The levy, which is mostly on the offshore earnings of expatriates working in Nigeria, aims to balance economic growth and workforce development by ensuring equitable contributions.

President Bola Tinubu launched the policy on February 28, 2024.

He stated that the EEL would close the wage gaps between expatriates and the Nigerian labour force while increasing employment opportunities for qualified Nigerians in foreign companies operating in the country.

However, the handbook sighted by our correspondent on Sunday said offences such as inaccurate or incomplete information could lead to penalties.

Failure of a corporate entity to file EEL within 30 days is liable to a fine of N3,000,000.

“Failure to register an employee within 30 days will attract a fine of N3,000,000.

“Falsification of information on EEL is liable to a fine of N3,000,000.

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