Allen Onyema, chairman and CEO of Air Peace, has warned that a proposed tax law set to take effect on January 1, 2026, could devastate Nigerian airlines if implemented.
Speaking at the 100th anniversary celebration of Nigerian aviation in Abuja, Onyema said the Airline Operators of Nigeria (AON) will meet President Bola Tinubu and members of the National Assembly to discuss ways to mitigate the impact of the new taxes.
“If it is allowed to stand, all of us will crumble,” he said, expressing confidence that the President will intervene.
Onyema also praised the current administration for supporting the aviation sector, noting that previous airlines faced demonisation and neglect despite driving the economy.
He commended the appointment of Minister Festus Keyamo, describing him as instrumental in revitalising the industry.
Minister Keyamo highlighted the ceremony as an opportunity to honour pioneers and veterans who shaped Nigerian aviation, including founders, pilots, engineers, and industry contributors.
Awardees included Chief Gabriel Igbinedion (Okada Air), Capt. Robert Hayes (Nigeria’s first certified pilot), and Air Peace founder Allen Onyema, among others.
The centenary celebration recognised the efforts of both past and present stakeholders in advancing Nigeria’s aviation sector, while underscoring the need for continued support and collaboration to sustain growth.
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