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Home News Business

Tax Policy, Stable Forex Facilitating Trade – Jibodu

Thecabal by Thecabal
April 1, 2025
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Tax Policy, Stable Forex Facilitating Trade – Jibodu
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Bi-Courtney Aviation Services Ltd., operator of the Murtala Muhammed Airport Terminal Two (MMA2), has expressed the hope that the new tax policy and stable forex market in Nigeria will facilitate trade and improve the businesses.

The Head of Aeronautical and Cargo Services at Bi-Courtney, Mr Remi Jibodu, expressed the hope in an interview with the News Agency of Nigeria (NAN) in Lagos.

According to Jibodu, the new tax regime will foster competitiveness, economic growth and compliance.

He said that stability in the forex market in recent times would also contribute to economic growth and attract investors.

“The new tax regime will help a lot of businesses.

“The aviation industry is basically a trade facilitator; so, the new tax regime is going to improve traffic.

“I also believe strongly that the little stability in forex will positively affect a lot of businesses,” Jibodu said.

He said that instability in foreign exchange market discouraged some people from committing to businesses.

On passenger traffic at MMA2, Jibodu said that the terminal recorded an average of 10,000 passengers (both departures and arrivals) daily.

He, however, said that during some seasons, the number would increase while at some seasons, such as periods of fasting, it would decrease.

“During this Ramadan – this year we had the Muslims and the Christians fasting at the same time – we had limited movements,” he said. (NAN)

 

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