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ARTICLE · 20 DECEMBER 2023

Tax Alert - Issue No. 12.5

KPMG in Nigeria
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The Federal Ministry of Interior has announced that it will impose penalties for late submission of Monthly Expatriate Quota utilization returns which is expected to take effect from 11 January 2024.

NigeriaTax
Adewale Ajayi
Adewale Ajayi

Federal Ministry of Interior (FMI) to Impose Penalties for Late Submission of Monthly Expatriate Quota Utilisation Returns

The Federal Ministry of Interior (FMI) has announced that it will impose penalties for late submission of Monthly Expatriate Quota (MEQ) utilization returns, which is expected to take effect from 11 January 2024. The Notice, which was recently published on the Ministry's website, is a follow up to an earlier announcement made by the Ministry in January 2022. For further details, please read our earlier publication on Additional Guidelines on Administration of Expatriate Quota and other Business Instruments.

In January 2022, the FMI had announced, as part of additional guidelines on administration of Expatriate Quota and other business instruments, that organizations with EQ facilities should submit their MEQ returns on the FMI's designated online portal. This is in line with the Ministry's efforts to continue to digitalize its processes for

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