AON lauds Tinubu , finance minister on suspension of 4% FOB import levy

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AON lauds  Tinubu , finance minister on suspension of 4% FOB import levy 









Umbrella body of indigenous carriers : Airline Operators of Nigeria (AON), has commended President Bola Ahmed Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for the timely suspension of the four percent  Free on Board (FOB) levy earlier introduced on imports.

In a statement, the local airlines' body described the  suspension 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 levy, if implemented, the AON said  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 statement reads :" The 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. 

"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 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."









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