Nigeria's economy received a significant boost following the Federal Government's decision to suspend the 4% Free on Board (FOB) levy on imports. This move, applauded by various sectors, has led to immediate positive repercussions, most notably the creation of 1,000 jobs by Air Peace through its 2025/2026 Graduate Trainee Programme.

Air Peace, Nigeria's largest carrier, announced its job creation initiative as a direct reciprocation of the government's intervention. Dr. Allen Ifechukwu Onyema, Chairman of Air Peace, commended President Bola Ahmed Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for protecting millions of jobs nationwide. Dr. Onyema stated, "Just as the government has acted to protect jobs and support businesses, Air Peace is reciprocating this kind gesture by creating 1,000 fresh graduate jobs. If further supportive measures like this come from the Federal Government, I can assure you that thousands more jobs will be created in the aviation sector. This is how partnerships between government and the private sector can transform a nation." He emphasized that the levy's suspension was a lifeline for the aviation industry, which operates under unique global cost structures, potentially averting massive job losses.

The Air Peace Graduate Trainee Programme aims to equip young Nigerians with essential skills, exposure, and mentorship for careers in aviation and allied industries. It seeks to build a pipeline of competent professionals for sustained sectoral growth. Applicants must be under 30 years old, hold a minimum of a Second Class Lower degree from an accredited university, and possess an NYSC Discharge, Exclusion, or Exemption Certificate. Candidates are also expected to demonstrate passion, adaptability, and a strong willingness to learn. Applications are open through the airline’s official portal and will close on the 30th of this month.

Beyond the aviation sector, the Manufacturers Association of Nigeria (MAN) also expressed profound gratitude for the levy's suspension, which took effect on August 4, 2025. Mr. Segun Ajayi-Kadir, Director General of MAN, described the decision as bringing "instant succour and encouragement to the manufacturing community" and great news for businesses. He noted that the suspension saved the country from "a self-inflicted price escalation that could have unsettled the widely acknowledged stability and repurposing this administration has achieved." The reintroduction of the charge had caused apprehension among MAN members who feared significant increases in the cost of imported raw materials, machinery, and spare parts. MAN reiterated its commitment to working with the government and the Nigeria Customs Service (NCS) to streamline trade processes, reduce business costs at ports, and enhance fiscal transparency. The association recommended an inclusive and independent assessment of existing charges (7.0 per cent surcharge and 1.0 per cent CISS) and called for stakeholder consultations to determine appropriate charge levels that promote productivity and efficient NCS performance.

Similarly, the Airline Operators of Nigeria (AON) commended President Tinubu and Minister Edun for the timely suspension, highlighting it as a clear demonstration of the government's commitment to creating a business-friendly environment and protecting critical economic sectors. AON stated that the levy, if implemented, would have led to severe consequences for airlines, including higher operating costs in an already challenging industry. AON lauded Minister Edun for his exemplary leadership, deep patriotism, and responsiveness to stakeholders' concerns, reaffirming its commitment to strengthening the aviation industry in line with President Tinubu’s vision.

The Nigeria Employers’ Consultative Association (NECA) also joined in commending the Federal Government. Mr. Adewale-Smatt Oyerinde, Director General of NECA, praised the demonstration of the government's commitment to economic growth through the organized private sector. He affirmed that this action, alongside the withdrawal of a proposed 5 percent telecom tax, underscored the administration’s determination to promote enterprise sustainability, competitiveness, and job creation at scale. NECA urged the immediate implementation of the directive by the Nigeria Customs Service and called for other federal and state government agencies to align their actions with the "Renewed Hope Agenda" by reversing unnecessary and cumbersome charges that burden organized businesses. Mr. Adewale specifically noted that the Financial Reporting Council of Nigeria continues to disregard presidential directives on the suspension of FRC levies, deeming it worrisome and unacceptable. He also provided clarity that Free on Board (FOB) indicates when ownership of goods transfers from buyer to seller and who is liable for damaged goods during shipping, with FOB Origin meaning the buyer assumes all risk post-shipment.

Collectively, these commendations and the proactive measures taken by Air Peace underscore the positive ripple effect of government policies aimed at supporting businesses. The partnerships between the Federal Government and the private sector are poised to drive job creation, reduce operational costs, and foster a more competitive and sustainable economic environment for Nigeria.