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Nigeria has imposed a mandatory annual levy on organisations employing expatriate workers, requiring them to pay $15,000 for a director and $10,000 for other employees.
The move aims to encourage foreign companies to employ more Nigerian workers. Diplomatic missions and government officials are exempt.
President Bola Tinubu emphasized the levy’s aim to balance employment opportunities between Nigerians and expatriates, closing wage gaps and increasing employment opportunities for qualified Nigerians in foreign companies.
Nigeria is one of Africa’s largest oil producers, with oil and gas exports accounting for 90% of foreign exchange earnings.
The levy applies to employees working for at least 183 days per year and imposes fines and jail terms for non-compliance.
