Nigerian President Bola Ahmed Tinubu has authorized the deduction of Internally Generated Revenue (IGR) from 50% to 20% to ease financial burden in the country and enhance financial autonomy.
Based on the fresh directive, the leaders of several unions in the aviation sector, who had earlier threatened to embark on a strike, have opened discussions with the Managing Director of the Federal Airports Authority of Nigeria (FAAN) to deliberate on their stance and the implications of this policy change.
The outcome of these discussions could have significant ramifications for the operational and financial strategies of affected agencies across the nation.
Details shortly…
