The Airline Operators of Nigeria (AON) have applauded President Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for halting the proposed four percent Free on Board (FOB) levy on imports.
In a statement issued on Tuesday by its President, Abdulmunaf Sarina, the group described the decision as proof of the administration’s determination to foster a business-friendly climate, safeguard key sectors, and stimulate sustainable growth.
The FOB levy, introduced by the Nigeria Customs Service, had sparked criticism from manufacturers, importers, and customs agents, who warned it could fuel inflation, disrupt trade, and weaken investor confidence.
Edun explained that the suspension followed extensive consultations with stakeholders concerned about the policy’s potential impact on prices, competitiveness, and overall economic stability.
According to AON, implementing the levy would have placed an extra burden on Nigeria’s airlines, increasing operational expenses in a sector already facing serious economic pressures.
Also see: PHOTOS: Tinubu Returns to Abuja After Vacation
The operators cautioned that such a move could have affected jobs, service quality, and the competitiveness of the country’s aviation industry.
The association commended Edun for what it called “listening leadership,” noting that his swift response to stakeholders’ concerns demonstrated patriotism and commitment to balanced economic policies.
“This thoughtful intervention will help protect aviation businesses, secure jobs, ease inflationary pressures, and keep Nigeria attractive to global investors,” the statement said.
AON also reiterated its willingness to partner with the Federal Government to support policies aimed at strengthening the aviation sector and advancing the administration’s wider economic goals.
