Minister of Aviation, Festus Keyamo, reassures aviation workers that their concerns over the 50% revenue deduction policy will be addressed. Responding to the workers’ strike threats, Keyamo emphasizes the government’s commitment to ensuring the sector’s sustainability while balancing fiscal needs. Workers are urged to maintain peace as solutions are sought......See Full Story>>.....See Full Story>>
In response to the recent tensions within Nigeria’s aviation sector, Minister of Aviation and Aerospace Development, Festus Keyamo, has assured union workers that their concerns are being taken seriously. The workers had recently threatened a one-day strike, expressing dissatisfaction with the federal government’s policy of deducting 50% of internally generated revenue from aviation agencies. The unions argue that such a deduction could cripple the sector, which they describe as cost-recovery rather than profit-driven.
In a statement released on Friday, Keyamo acknowledged the workers’ grievances, particularly the potential negative impacts on investment and maintenance of critical infrastructure. He emphasized that the federal government is committed to finding a solution that balances the fiscal needs of the government with the operational requirements of the aviation agencies. Keyamo urged the workers to maintain industrial peace while the government works on addressing the issues raised.
The minister also highlighted the importance of the aviation workforce in ensuring the safety and efficiency of the industry, reiterating the government’s dedication to the sector’s sustainability. Keyamo expressed gratitude for the workers’ patience and promised to work towards creating a conducive environment that supports both the government’s objectives and the needs of the aviation agencies.
This development marks a significant moment in the ongoing discussions between the government and aviation sector stakeholders, with the outcome likely to have a lasting impact on the future operations and stability of the industry.