The Federal Government of Nigeria is threatening to publish the names of companies that do not comply with the country’s expatriate quota policy.

The policy requires Nigerian and foreign companies to obtain expatriate quota licenses to import high-level-skilled manpower that is not readily available in the country.

The government has accused foreign investors and Nigerian companies of violating and abusing the expatriate quota policies.

Speaking at the unveiling of the 2022 revised handbook on expatriate quota administration in Abuja, Minister of Interior, Rauf Aregbesola, said the task force inaugurated in December 2020 would publish the names of companies that have not complied with the rules and impose sanctions on them.

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Aregbesola listed stopping capital flight, patriotism, and tackling unemployment as part of the reasons for the action. He explained that regulating the influx of foreign nationals into Nigeria’s business environment was essential for the welfare of Nigerians.

He emphasized the need for Nigerians to be in charge of the most sensitive positions in the economy because they are more patriotic than foreigners.

Aregbesola also disclosed that the government has issued a total of 13,829 expatriate quota permits and 1,161 business permits between 2019 and 2022.

These permits are given to foreign companies to operate in Nigeria, and the government needs to know and monitor them.

The government’s move to publish the names of companies that are yet to comply with the expatriate quota policy of the country is due to the abuse and gross violations of the policy by foreign investors and Nigerian companies.

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The Minister has warned foreign companies and their governments to begin to respect Nigerian laws, and that it will no longer be business as usual.