By Gboyega Adeoye

Copyright tribuneonlineng

The Airline Operators of Nigeria (AON) has commended President Bola Ahmed Tinubu and Minister of Finance Wale Edun for suspending the 4% Free on Board (FOB) levy on imports.

“This suspension is a clear demonstration of President Tinubu’s commitment to creating a business-friendly environment, protecting critical sectors of the economy, and promoting sustainable growth,” AON stated in a statement.

AON said the levy, if implemented, “would have had severe consequences for airlines in Nigeria, leading to higher operating costs, further straining an industry already contending with multiple economic challenges.”

The body particularly praised Minister Wale Edun for his leadership, saying he “has shown deep patriotism and responsiveness by heeding the concerns of stakeholders.

” 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, ” the group said.

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“The suspension of the levy “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.”

AON reaffirmed its commitment to working with the government to strengthen the aviation industry and contribute to President Tinubu’s vision for economic growth and national development.

“AON reaffirms its commitment to working closely with the government to strengthen the aviation industry and contribute to the realization of President Tinubu’s vision for economic growth and national development,” the statement read.

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