Nigerian airline operators have commended President Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for the swift suspension of the proposed 4% Free on Board (FOB) fee on imports.
In a statement released on Tuesday by its President, Abdulmunaf Sarina, the Airline Operators of Nigeria (AON) described the move as a “clear demonstration of President Tinubu’s commitment to creating a business-friendly environment, protecting critical sectors of the economy, and promoting sustainable growth.”
The proposed levy, introduced by the Nigeria Customs Service, had sparked widespread criticism from manufacturers, importers, and clearing agents, who warned that it would worsen inflation and harm trade competitiveness. In a statement on Monday, Edun acknowledged these concerns, noting that the fee posed risks to trade facilitation, economic stability, and Nigeria’s overall business climate.
According to him, the suspension followed extensive feedback from stakeholders who cautioned that the levy would undermine investment and deepen inflationary pressures. The AON, in response, praised the Finance Minister for what it called “exemplary leadership as a listening Minister,” describing his swift action as evidence of patriotism, fairness, diligence, and commitment to national economic development.
“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 association stated.
The operators also reiterated their readiness to collaborate with the federal government to strengthen the aviation sector while pledging continued support for the President’s broader economic agenda.
