25 Sep FG Grants 12,000 Expatriate Quotas In One Year
The Federal Government of Nigeria has granted 12,000 Expatriate Quota licences to foreigners seeking to work in Nigeria whilst it has treated applications from 2,000 companies.
Minister of Interior, Rauf Aregbesola made this known at the second day of the 6th edition of the Annual Kaduna Economic Investment Summit, KADINVEST 6.0 in Kaduna.
In his speech at the summit, the Minister said, “The Ministry from inception till date has handled 14,690 companies and granted 126,893 quota licences to expatriates. However, from August 2019 till date we have registered more than 2,000 companies while over 12,000 expatriates have been given permits to work in Nigeria.
“We now handle applications with dispatch and will encourage any firm or organisation with genuine need for expatriates to bring their applications. We shall accord it with the required courtesy. The Minister also reiterated the fact that Nigeria is still a good and profitable investment haven, even in the face of security challenges.
According to Aregbesola, there has been a paradigm shift from comparative advantage to competitiveness and knowledge and innovation will continue to drive business in the foreseeable future. He therefore asked Nigerian entrepreneurs to invest in knowledge, innovation and cutting edge technologies.
The Minister commended the Kaduna State government, Nigerian Investment Promotion Commission (NIPC) and the Nigerian Economic Summit Group (NESG) for organising the Summit.
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