The Airline Operators of Nigeria (AON) have welcomed the Federal Government’s decision to suspend the proposed four per cent Free on Board (FOB) levy on imports, saying the move safeguards the aviation sector, protects jobs, and mitigates inflationary pressures.

In statements issued on Tuesday, AON President Abdulmunaf Sarina said the suspension demonstrates President Bola Tinubu’s commitment to fostering a business-friendly environment, supporting critical sectors, and promoting sustainable economic growth.

“The levy, if implemented, would have had severe consequences for airlines operating in Nigeria, significantly increasing operational costs in an industry already contending with multiple economic challenges,” Sarina said.

The levy, introduced by the Nigeria Customs Service, faced widespread criticism from manufacturers, importers, and customs agents, who warned that it could worsen inflation, erode trade competitiveness, and undermine investment in the country.

Reacting to these concerns, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced the suspension, citing risks to trade facilitation, economic stability, and Nigeria’s business climate.
AON commended Edun for his responsiveness, describing him as “a listening Minister” whose intervention reflects diligence, fairness, and commitment to national development.

“His decision safeguards the aviation sector, protects jobs, reduces inflationary pressures, and ensures that Nigeria remains competitive in the global business environment,” the operators said.

The group also reiterated its readiness to collaborate with the Federal Government to strengthen the aviation industry.

“This bold and thoughtful intervention will go a long way in protecting the sector and contributing to the realisation of President Tinubu’s broader economic agenda,” Sarina added.

The AON’s statements underscore the central role of aviation in Nigeria’s economy and highlight concerns that policies such as the FOB levy, if enacted, could have negatively affected airline operations, service delivery, and employment.

The suspension is seen as a timely measure to maintain operational stability and support the country’s competitiveness in global trade and business.