Suspension of 4% import levy to ease inflationary pressure – AON

By Dickson Omobola

Airline Operators of Nigeria, AON, has said the Federal Government’s determination to suspend the 4 per cent Free connected Board, FOB, levy connected imports would support businesses successful the aviation assemblage from collapse.

A connection by the group’s President, Dr Abdulmunaf Sarina, and Vice President, Allen Onyema, said if the levy had been implemented, it would person led to higher operating costs for home airlines.

According to the statement, the suspension would trim inflationary pressures and assistance guarantee that Nigeria remains competitory successful the planetary concern environment.

The connection reads: “This suspension is simply a wide objection of President Tinubu’s committedness to creating a business-friendly environment, protecting captious sectors of the economy, and promoting sustainable growth. The levy, if implemented, would person had terrible consequences for airlines successful Nigeria, starring to higher operating costs, further straining an manufacture already contending with aggregate economical challenges.

“AON peculiarly lauds Mr Wale Edun for his exemplary enactment arsenic a listening Minister who has shown heavy patriotism and responsiveness by heeding the concerns of stakeholders. His determination reflects a beardown committedness to carrying retired the mandate of the President with diligence, sensitivity, and fairness to each sectors of the economy.

“AON wishes to commendPresident Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for the timely suspension of the 4 per cent Free connected Board, FOB, levy earlier introduced connected imports.

“This bold and thoughtful involution volition spell a agelong mode successful safeguarding the aviation sector, protecting jobs, reducing inflationary pressures, and ensuring that Nigeria remains competitory successful the planetary concern environment.

“AON reaffirms its committedness to moving intimately with the authorities to fortify the aviation manufacture and lend to the realization of President Tinubu’s imaginativeness for economical maturation and nationalist development.”

In April 2025, the Comptroller-General of Customs, Bashir Adeniyi, announced plans to reintroduce the 4 per cent levy.

But Coordinating Minister of the Economy, Mr Wale Edun, successful a missive dated Monday, September 15, 2025, and addressed to the Comptroller-General of Customs, ordered the contiguous suspension of the levy.

The station Suspension of 4% import levy to easiness inflationary unit – AON appeared archetypal connected Vanguard News.