- Levy Suspension Prevents Rise in Flight Costs
- “Business-Friendly” Government Action
- AON Hails Tinubu, Edun
The Airline Operators of Nigeria (AON) have commended President Bola Tinubu and the Minister of Finance, Wale Edun, for their quick action in suspending the proposed 4 per cent Free on Board (FOB) levy on imports.
EDITOR’S PICKS
- How Nigeria’s Excess Crude Account Has Depleted Over Time
- 2027: Why Jonathan Cannot Defeat Tinubu – Lagos APC
- Over 8,600 Domestic, S3xual Violence Cases Reported in Lagos in One Year
EKO HOT BLOG reports that in a statement issued by its President, Abdulmunaf Sarina, described the suspension as a clear show of President Tinubu’s commitment to building a business-friendly environment and protecting vital sectors of the economy.
The proposed levy had sparked widespread criticism from manufacturers, importers, and customs agents, who warned that it would worsen inflation and weaken Nigeria’s trade competitiveness.
AON argued that if the government had implemented the levy, it would have had severe consequences for the nation’s airlines by significantly increasing their operational costs.
AON specifically praised Minister Wale Edun, calling him a “listening Minister” for his responsiveness to stakeholders’ concerns. The group believes his actions demonstrate strong patriotism and a dedication to fairness and economic development.
This “bold and thoughtful intervention” will go a long way in safeguarding the aviation sector, protecting jobs, and ensuring that Nigeria remains a competitive player in the global business environment, AON stated.
FURTHER READING
- UNICEF Urges Bigger Budget for Children’s Welfare, Development
- World Cup Qualifier: Eagles Seek Victory To Keep Hopes Alive
- Paraguay Ends 16-Year Wait, Qualifies For 2026 World Cup
