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Minister of Interior, Olubunmi Tunji-Ojo
The National Assembly, through its joint committee of the Senate and House of Representatives on Interior, tackled the Ministry of Interior on the issuance of expatriate quotas, which it believed served as an avenue for stealing jobs from Nigerians in the country by expatriates.
The merits and demerits of issuance of the expatriate quotas permit by the Interior Ministry to deserving foreign companies came to the fore during the budget defence session that the Minister of Interior, Olubunmi Tunji-Ojo, had with the committee on Wednesday.
The ministry said that it has surpassed its budgetary target of N600 million in revenue from the issuance of expatriate quotas in the 2023 fiscal year by raking in N1.195 billion from January to October this year.
The minister said the ministry surpassed its budgetary revenue projections on expatriate quotas and marriage.
He specifically submitted to the committee that in 2023, while N600 million was targeted as revenue to be generated from the issuance of expatriate quotas to deserving foreign firms in the country, N1.195 billion as of October 31, 2023, was generated from it.
Tunji-Ojo said, “Aside from the projected revenue from expatriate quotas that had been surpassed by about N600 million extra, the N380 million projected revenue from marriage, has also been surpassed by over N500 million with N892.774 million realised as of October 31, 2023.”
But the Chairman of the joint committee, Senator Adams Oshiomhole (APC Edo North), told the minister that while it is heartwarming that the ministry surpassed its revenue targets on issuance of expatriates quotas the policy is giving room for expatriates to steal jobs meant for Nigerians in the country. (The PUNCH)