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Tinubu Launches expatriate Employment Levy

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President Bola Tinubu has launched the Expatriate Employment Levy to bolster home-grown skill retention and technology domestication and to balance employment opportunities between Nigerians and expatriates.

Tinubu said at the launch of the Expatriate Employment Levy handbook at the Council Chamber of the Presidential Villa, Abuja, on Tuesday.

The president also warned that the scheme should not be used as an impediment nor as a stick wielded to deter foreign investors.

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I declare my support for the Expatriate Employment Levy scheme, and I will continue to encourage the operators, practitioners of immigration matters and expatriate quotas, but I emphasise: do not use it as a bottleneck; do not use it as an obstacle to frustrate potential investors,” Tinubu said.

READ ALSO: Fake Degrees: FG To Bring Perpetrators To Book – Tinubu

He also said the EEL will close wage gaps between expatriates and the Nigerian labour force while increasing employment opportunities for qualified Nigerians in foreign companies operating in the country.

Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, revealed this in a statement he signed Tuesday titled, ‘President Tinubu advocates greater home-grown skill retention and domestication of technologies as pursuit of foreign direct investment intensifies.’

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The President said he launched the levy to improve revenue generation, naturalisation and indigenisation.

He also expects the employment of more qualified Nigerians by foreign companies operating in the country.

READ ALSO: Economic Hardship: Oyebanji Unveils N12bn Economic Relief Programme

“We seek a greater balancing of employment opportunities between Nigerians and expatriates and the closure of the wage gap between expatriates and the Nigerian labour force by making it more attractive to hire Nigerians.

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“There will be clear lines of implementation and effective acceleration of aims and objectives of this programme. officials in charge of immigration matters, expatriate quotas, and relevant stakeholders have to be effectively guided to make Nigeria the focus of the objective of this EEL.

“Therefore, it is my honour to launch the handbook of the Expatriate Employment Levy,” President Tinubu said.

The President also assured Nigerians that there is imminent light at the end of the tunnel as the country gradually turns the corner, adding, “We might be going through a difficult period now, but when you look at the Infrastructure Concession Regulatory Commission, the Federal Ministries of Finance; Budget and National Planning, and the people manning the ship of this country, including the Central Bank of Nigeria, they have collaborated, and in the spirit of development and progress, we are glad that good effort is being made to re-engineer the finances of the country and make growth our hallmark.”

READ ALSO: Navy Arrests Two Over Fuel Smuggling, Seizes 5,100 Litres Of Petrol

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Explaining the details of the EEL, the Minister of Interior, Bunmi Tunji-Ojo, explained that the project would be operated on a public-private partnership model between the federal government of Nigeria, the Nigeria Immigration Service, which is the implementing agency, and a technical partner, EEL Projects Limited.

Tunji-Ojo said, “It is worthy to mention that the project is aligned with the eight-point agenda of Mr. President, especially on the issue of job security and economic growth. This project will, among other things, lead to technology domestication.

“The essence of this is to be sure that if you are bringing an expatriate to work in Nigeria, it should be a job that no Nigerian has the skill to do. That is the major objective of this particular initiative,” the Minister added.

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Over 2,000 Students To Participate In Gombe Inter-Schools Athletic Competition

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No fewer than 2,367 school students are expected to participate in Gombe State Inter Secondary Schools Athletic Competition.

The Main Organizing Committee (MOC) for the programme disclosed this during a during a meeting held at the GOFCECON HOTEL conference hall.

Announcing preparations for the upcoming event, the MOC constituted seven sub-committees to ensure a successful competition to oversee the event.

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The constituted sub-committees include Technical, Ceremonial, Entertainment, and Training; Media and Publicity; Accreditation and Security; Accommodation, Transportation, and Logistics; Medical and Welfare; General Duties; and Secretariat.

READ ALSO: Traders In Edo Protest Middlemen Activities, Seek Govt Intervention

According to the MOC, capacity training will be compulsory for all secondary school game masters prior to the competition.

Additionally, the committee has extended an invitation to one private and one public secondary school from each of the six states in the North East Region to participate in an invitational relay at the finals.

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According to the MOC, Amany secondary school across the country willing to participate in the invitational relay can also register.

The competition will feature cadets, youths, and 65 U-20 registered schools, with approximately 2,367 school pupils participating.

The MOC also announced that participating schools will enjoy free accommodation and feeding.

The committees have been urged to submit their budget proposals within seven days.

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HP Wolf Security Threat Insights Report Reveals Cybercriminals’ Latest Tactics

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By Tari Ayesinghan

Palo Alto, Calif, May 16, 2024- HP Inc. has released its quarterly HP Wolf Security Threat Insights Report, exposing the latest techniques used by cybercriminals to evade detection and breach PCs.

The report highlights the growing use of open redirects, Fake invoices leading to HTML smuggling attacks and Living-off-the-Land (LotL) techniques to sneak past defenses.

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HP Wolf Security has identified notable campaigns, including the use of open redirect vulnerabilities and the exploitation of Windows Background Intelligent Transfer Service (BITS) to download malicious files.

According to Patrick Schläpfer, Principal Threat Researcher, “Invoice lures are a classic trick, but still effective. Employees are more likely to open them, making it a lucrative target for attackers.”

The report emphasizes the importance of a defense-in-depth approach to security, as Living-off-the-Land techniques expose the limitations

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Traders In Edo Protest Middlemen Activities, Seek Govt Intervention

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Traders under the auspices of Ekiosa Market Traders Association, on Monday protested what they tagged activities of ‘evil middlemen and women’, which according to the protesters are causing price hike and artificial scarcity in Benin markets.

The protesters also protested against the neglect of their market (Ekiosa Market)by concerned authorities, which according to them got burnt in 2019.

The protesters who carried placards with different inscriptions as ‘evil union in Edo market are responsible for hike in food;’ Edo people say no to evil union in our market;’ Edo State government ban evil union in Edo markets;’ ‘we say no to evil union in Edo market,’ lamented that many of them are stranded due to government failure to rebuild their market that got burnt, adding that the middlemen and women are making them unproductive.

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READ ALSO: Iran Gets Interim President After Raisi’s Death

Speaking during a peaceful protest to the secretariat of the Nigeria Union of Journalists (NUJ), Edo State council, Lucky Orukpe, President of Traders Welfare Union, accused the middlemen and women of causing artificial scarcity in Edo market and also price hike in farm produce.

He alleged that these middlemen and women who form unions among themselves are making sure that whoever fails to join their union does not have a place to sell in the market in Benin City.

He said: “Today, in our market, if you bring your farm produce to sell, we have people we call middlemen and women in our market in Edo State. They will compel you to join a union before you can sell your garri; they will compel you to join their union before you can sell your yam.
If you are not in their union, and you are bringing produce to sell, no vehicle will carry you. When they succeed in compelling you to join their union, they give you time to come to their market.

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READ ALSO: Edo Guber: Ex-Speaker Rejoins APC With Over 2000 Followers

“Today, farmers are scared to bring farm produce to the market. So, these evil unions are causing artificial scarcity in our market in Edo State.”

Ourkpe who alleged that the ‘evil middlemen and women just devised a new means of operation recently, lamented that due to their activities, food prices are lesser in states that Edo supplies food.

He further lamented: “We carry food from Edo State to other states but food is cheaper in these states, this is because of the activities of these middlemen.”

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Ourkpe who said these men are not government agents but individuals, urged the state government to as a matter of urgency address the issue before it got out of hand.

On his part, Anthony Agho, president, Ekiosa Market Traders Association, lamented “we the Ekiosa Market traders are stranded in the streets. We have no where to trade. And they forbid us from selling on the walkway, so how are we going to survive.

He continued: “In 2019, Ekiosa Market got burnt, and since then we have been managing. In 2020, Oredo Local Government came and said we should leave the place and that they want to renovate it. Then in January 2024, the local government came and told us that we should leave and that between 4 months the work will be completed, and since then we have been waiting.”

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