▪︎Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN
The Manufacturers Association of Nigeria (MAN) on Tuesday, said that the anxiety that enveloped the domestic and foreign investors, following the introduction of the government’s $10,000-$15,000 Expatriates Employment levy, has abated.
Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN, stated this in a statement commending the Federal Government for its decision to halt the implementation of the Expatriate Employment Levy.
He said that the international business community, particularly those with whom Nigeria has signed trade agreements, would also be reassured of the government’s commitment to the creation of a congenial business environment.
“MAN had earlier made a representation to Mr President and copied to the Ministers of Finance and Coordinating Minister of the Economy; Industry, Trade and Investment; and Interior, to discontinue the enforcement of the levy and followed up with the aforementioned Ministers.
Ajayi-Kadir also added that MAN deeply appreciates the swift intervention of the Minister of Finance and Coordinating Minister of the Economy. We acknowledge the important role of the Minister of Industry, Trade and Investment.
We equally recognize the support of the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform. Quite importantly, we commend the Minister of Interior for doing the needful in the interest of domestic and foreign private sector investors in Nigeria,” he said