Tinubu's Support Crucial for Nigeria's Airlines, Says Onyema
Dr. Allen Onyema, the Chairman and CEO of Air Peace Limited and Vice President of Airline Operators of Nigeria, addressed the 30th annual conference of the League of Airport and Aviation Correspondents (LAAC) in Lagos. He expressed optimism that President Bola Ahmed Tinubu's intervention could alleviate the financial challenges faced by Nigerian airlines, particularly concerning the 5% Ticket Sales Charge (TSC).
Onyema criticized the current tax system, advocating for a fixed flat rate on ticket sales to ease the financial burden on airlines. He recalled how President Tinubu swiftly waived a 4% Free on Board (FOB) levy imposed by the Nigeria Customs Service after being informed of its detrimental impact on airline viability.
Onyema emphasized that a meeting with President Tinubu could lead to significant improvements in the airline industry, as the President is committed to supporting indigenous businesses that provide employment.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Enjoy this article?
Get the weekly Nigerian roundup — top stories, NPFL, naira. One email, Sunday morning.
Related Stories
Tinubu's Intervention Could Revive Nigeria's Aviation Sector
Air Peace CEO Warns Unions Against Disrupting Aviation
Air Peace Chairman Warns on Aviation Revenue Deductions
Okonkwo Defends Airlines Against TSC Debt Allegations
Keyamo to Update Tinubu on Aviation Dispute Resolution
Domestic Airlines Face Collapse in 30 Days, Onyema Warns
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
