National Telescope national telescope newspaper
Violators of the new expatriate job policy of the Federal Government will be fined N3 million
With the new policy employers who hire foreign workers are expected to pay employment levy to the Federal Government as a financial contribution
The policy which was launched by President Bola Tinubu on February 28, 2024, obtained the offshore earnings of expatriates working in Nigeria.
According to the president, the levy aimed at balancing economic growth and workforce development by ensuring equitable contributions from expatriate employment.
A handbook sighted by a Punch correspondent on Sunday reveals that offences such as inaccurate or incomplete information could lead to penalties while companies that breach the new levy policy will pay N3m for each offence.
It reads, “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.
“Failure of a corporate entity to renew EEL within 30 days attracts N3,000,000 fine.
“Employers of expatriates covered by the EEL are required to pay $15,000 for directors and $10,000 for other categories of expatriates.”
