Following the threat of a protest by aviation sector workers, the federal government of Nigeria has reduced the deductions from the aviation agencies Internally Generated Revenue (IGR) to 20 percent from the initially proposed 50 percent.
This reduction was announced by Gbenga Saka, special adviser on digital media to Festus Keyamo, minister of aviation and aerospace development on his X page on Friday.
Naomisophyblog had reported that flight services may be grounded around Nigeria as the aviation union workers had threatened to embark on a one-day strike to protest against the federal government’s decision to deduct 50 percent of internally generated revenues (IGR) of agencies in the aviation sector.
A memo from the leadership of the National Union of Air Transport Employees (NUATE), the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), Association of Nigeria Aviation Professionals (ANAP), National Association of Aircraft Pilots and Engineers (NAAPE), and the Amalgamated Union of Public Corporation Civil Service Technical and Recreation Services Employees (AUPCTRE) had hinted that the strike action would take effect on August 21, 2024.
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Bowing to the demands of the aviation workers, Keyamo on Friday, said the demands of the aviation workers have been “duly noted” and their demands would be given due consideration.
Following the minister’s statement, Saka said the president has approved a reduction.
“President Bola Ahmed Tinubu has authorized a significant reduction in deductions from the Internally Generated Revenue (IGR) of Aviation Agencies—from 50% down to 20%,” he said.
“This move aligns with the Honourable Minister, Festus Keyamo’s assurance to workers’ unions and other stakeholders that President Tinubu is deeply committed to enhancing the Aviation sector.
“The President aims to thoughtfully address their demands, seeking a balanced, lasting solution that meets both government fiscal needs and the operational requirements of Aviation Agencies”, he said.
By Babajide Okeowo
The post STRIKE THREAT: Govt bows to pressure, reduces aviation agencies IGR deduction to 20% appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
