MAN,
LCCI Hail FG Over Expatriate Levy Suspension.
Manufacturers Association of Nigeria, Lagos Chamber of
Commerce and Industry and the Centre for the Promotion of Private Enterprise
have commended the Federal Government over its decision to halt the
implementation of the Expatriate Employment Levy.
The private sector advocacy groups, in different
statements, lauded the Federal Government for listening to widespread calls
which urged it to stay in action on the implementation of the new policy.
Director-General of MAN, in a statement made available on
Saturday, said there was no doubt that the anxiety that enveloped the business
community following the introduction of the levy had abated.
He added that the international business community,
particularly those with whom the country had signed trade agreements, would
also be reassured of its commitment to the creation of a congenial business
environment.
On its part, the LCCI described the move to suspend the
initiative as a proactive stance by the government in responding to the
concerns of the business community and fostering a conducive environment for
economic growth and development.
It said that by suspending the Expatriate Employment
Levy, the Federal Government had demonstrated a willingness to engage with the
business community and adapt policies to better align with economic realities.
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