By Isaac Agber
Copyright independent
The Airline Operators of Nigeria (AON) has commended President Bola Ahmed Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for suspending the proposed 4 per cent Free on Board (FOB) levy on imports, describing the move as a timely intervention that safeguards the aviation industry and broader economy.
In a statement issued on Tuesday, AON described the suspension as a “clear demonstration” of President Tinubu’s commitment to fostering a business-friendly environment, shielding critical sectors of the economy from avoidable strain, and driving sustainable national growth.
The operators warned that had the levy been implemented, airlines would have faced higher operational costs, further exacerbating the challenges of an industry already burdened by foreign exchange volatility, rising fuel prices, and infrastructural constraints.
“AON particularly lauds Mr Wale Edun for his exemplary leadership as a listening Minister who has shown deep patriotism and responsiveness by heeding the concerns of stakeholders,” the group stated. “His decision reflects a strong commitment to carrying out the mandate of the President with diligence, sensitivity, and fairness to all sectors of the economy.”
According to the association, the suspension will not only shield the aviation sector but will also help protect jobs, reduce inflationary pressures, and ensure that Nigeria remains competitive in the global marketplace.
“This bold and thoughtful intervention will go a long way in safeguarding the aviation sector, protecting jobs, reducing inflationary pressures, and ensuring that Nigeria remains competitive in the global business environment,” the statement added.
The operators reaffirmed their commitment to continued collaboration with government in strengthening the aviation sector and contributing to the realisation of President Tinubu’s vision for economic growth and national development.
