A youth group, Consolidated Youth Assembly (CYA) has dismissed the recent criticisms by the Nigeria Employers’ Consultative Association (NECA) regarding the Expatriate Employment Levy (EEL), stating that it is essential for enhancing skills transfer and generating revenue.
Group leader, Mallam Hamza Abdullahi, said in Abuja, that EEL has benefits for the Nigerian economy. “The EEL is a crucial step towards promoting local workforce development and reducing dependency on foreign expertise,” Abdulahi remarked in a statement.
Contrary to NECA’s concerns about discouraging foreign investment, Abdulahi argued that the levy demonstrates Nigeria’s commitment to fostering self-reliance and creating a conducive business environment. “By encouraging companies to invest in local talent and skills development, we are laying the foundation for sustainable economic growth,” he stated.
Abdullahi also addressed NECA’s assertion that the EEL would hinder the government’s fiscal and monetary reforms, stating that the levy aligns with broader efforts to strengthen the Nigerian economy. “The EEL complements existing legislation aimed at promoting local content and immigration regulations”
Regarding NECA’s legal objections to the levy, the youth leader highlighted the government’s authority to implement such measures in pursuit of national development goals. “While we respect NECA’s concerns, it’s important to recognise that the government has the constitutional mandate to enact policies that advance the public interest”
Furthermore, Abdulahi dismissed NECA’s predictions of negative socio-economic consequences, asserting that the EEL would ultimately benefit Nigerian workers and businesses. “By investing in local talent and reducing reliance on expatriate labour, we are creating more opportunities for Nigerian professionals to excel in their careers”.
He reaffirmed the government’s commitment to promoting economic growth and job creation through initiatives like the Expatriate Employment Levy, adding “We urge stakeholders to support these efforts and work together towards building a prosperous and self-reliant Nigeria”.
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