Airlines to Collapse: AON Warns FG Over 2026 Tax Hike

 

 

 

Abuja – Vice Chairman of the Airline Operators of Nigeria (AON), Allen Onyema, has cautioned that domestic carriers may collapse if the Federal Government implements the new tax regime scheduled for January 1, 2026, without adjustments.

 

 

Onyema issued the warning on Monday while addressing industry stakeholders during the centenary celebration of aviation in Nigeria in Abuja. He praised President Bola Ahmed Tinubu for supporting the sector but urged the government to consider the airlines’ concerns before the new tax policy undermines the progress achieved in recent years.

 

“Our industry was almost dead. Nigerian airlines were suffering under a demonised status. We were all demonised as lacking capacity. Nobody had faith in us,” Onyema said, adding that domestic airlines had only recently begun to recover under reforms led by Minister of Aviation and Aerospace Development, Festus Keyamo.

 

Describing Keyamo as a “square peg in a square hole,” Onyema said the minister had executed President Tinubu’s mandate “more than 100 percent.”

 

However, Onyema warned that the 2026 tax measures could wipe out these gains. He said, “We are going to meet members of the National Assembly very soon, together with our Minister, to discuss the issues of taxation that are supposed to come into effect on January 1, 2026, as it affects the airlines. Because if it is allowed to stand, all of us will crumble. But I know Mr. President will listen to our cries and do the needful.”

 

He also urged the Minister to continue advocating for a policy environment that allows domestic carriers to survive and thrive.

 

In his remarks, Keyamo hailed industry veterans for their decades of service, describing the 100-year celebration as a “watershed moment” for Nigerian aviation. He highlighted the contributions of technical personnel and aviation agency executives to the sector’s progress.

 

Keyamo acknowledged the veterans’ honours list initially capped at 40 but later expanded to 47, apologizing for any omissions. “This is a general shout-out and appreciation to all those who were not mentioned. At another time, we are going to mention them again,” he said.

 

The minister also encouraged industry legends to continue mentoring and guiding the sector. “Don’t abandon us. At any time, like little children, when we run into a problem, we will always come back to you,” he added.

 

The event underscored both the achievements and ongoing challenges facing Nigerian aviation, with stakeholders calling for balanced policies to ensure the sector’s sustained growth.

 

 

Related Posts

Wike Predicts Eight Years in Power for Rainbow Coalition in Rivers

The Minister of the Federal Capital Territory, FCT, says he has forgiven all those who opposed him politically in Rivers State. Wike made the remark while urging politicians in the…

‘We Can Fix Nigeria’s Electricity Challenge Within Four Years’

The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has pledged to raise Nigeria’s power supply to 10,000MW in four years. Obi made the promise on Saturday shortly after his…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Wike Predicts Eight Years in Power for Rainbow Coalition in Rivers

Wike Predicts Eight Years in Power for Rainbow Coalition in Rivers

‘We Can Fix Nigeria’s Electricity Challenge Within Four Years’

‘We Can Fix Nigeria’s Electricity Challenge Within Four Years’

‘Self-Determination Is Not a Crime’ — Mike Arnold’s Message in Sokoto Declaration

‘Self-Determination Is Not a Crime’ — Mike Arnold’s Message in Sokoto Declaration

NDLEA Intercepts Drug Shipments Concealed in Water Purifiers Imported From Europe

NDLEA Intercepts Drug Shipments Concealed in Water Purifiers Imported From Europe

FCT Politics: ‘You Couldn’t Even Win an NDC Primary’ — Wike to Aisha Yesufu

FCT Politics: ‘You Couldn’t Even Win an NDC Primary’ — Wike to Aisha Yesufu

Labour Party Confirms Agbese’s Candidacy for Ado/Okpokwu/Ogbadibo Reps Seat

Labour Party Confirms Agbese’s Candidacy for Ado/Okpokwu/Ogbadibo Reps Seat