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Home Business News Business

FG tasks companies to employ Nigerian graduates or face sanctions

Omokolade Ajayi by Omokolade Ajayi
January 12, 2021
in Business
FG tasks companies to employ Nigerian graduates or face sanctions
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The Special Task Force on Monitoring and Enforcement of Nigerian Expatriate Business Permit and Expatriate Quota Administration under the aegis of the Federal Government has called on companies to employ Nigerian graduates or face sanctions.

This decision was made public knowledge after the meeting of the Ministerial task force, with representatives of the Nigerian Immigration Service, Nigeria Labour Congress, Nigerian Bar Association, Nigerian Society of Engineers, officials of Ministry of Interior and other professional bodies.

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The Chairman of the task force, Mr Bola Ilori, disclosed that companies that fail to comply with the law guiding the employment of qualified Nigerians as an understudy for expatriates should be ready to face heavy sanctions from the hands of the Federal Government.

READ: Imo State is unemployment capital of Nigeria

In order to ensure compliance with the rules, the task force has directed companies in the country to submit the Tax Identification Number, National Identification Numbers, phone number and email address of Nigerians understudying expatriates in their firms.

READ: #EndSARS: If unemployment is not addressed, protest may re-emerge – Senate President

Why this matters

This move by the Ministerial Task Force will help the FG to monitor the number of expatriates employed in Nigerian Companies and also help the Government to ensure that an expatriate is not occupying a job position a Nigerian is qualified to fill.

This will reduce the level of employment in the country, and ensure that skilled Nigerians are not denied employment opportunities they are qualified for.

READ: 13.9 million Nigerian youth are unemployed – NBS

What you should know

  • Recall that the Minister of Interior, Ogbeni Rauf Aregbesola inaugurated the 9-man Special Ministerial Task Force on Monitoring and Enforcement of Nigerian Expatriate Business Permit and Expatriate Quota Administration on December 1st 2020.
  • The Minister appointed Mr Bola Ilori, the Chairman of the Ministerial task force, with members drawn from NLC, Federal Ministry of Interior amongst others.

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Tags: Ministerial Task forceNigeria NewsNigerian Bar AssociationNigerian Immigration ServiceNigerian Labour CongressNigerian Society of Engineers
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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Comments 1

  1. Musa halima sadiya says:
    January 13, 2021 at 2:26 am

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