Allen Onyema Applauds Tinubu’s Economic Reforms, Calls for Public Support

Aviation Icon Reflects on Policies Stabilizing Nigerian Businesses

The Chairman and CEO of Air Peace, Allen Onyema, has lauded President Bola Ahmed Tinubu for implementing reforms aimed at revitalizing and stabilizing business operations across Nigeria, especially in the aviation sector.

Speaking at the State House in Abuja on Thursday, December 12th, Onyema described Tinubu’s efforts as groundbreaking, particularly in improving the ease of doing business and introducing reforms that will have lasting benefits. He credited the Tinubu administration, alongside the leadership of the Minister of Aviation and Aerospace Development, Festus Keyamo, for bringing clarity and strategic focus to Nigeria’s aviation policies.

Onyema acknowledged the economic challenges facing the country but emphasized the long-term benefits of these reforms. “The president is a businessman, and he’s trying to stabilize businesses with his policies. People don’t realize this, but some of us in business understand what the President is doing. What he is attempting is the real restructuring of the country,” Onyema stated.

He further argued that Tinubu’s restructuring extends beyond the conventional idea of dividing the country along regional lines. “This is about changing the way we do things for better results in the long run,” he said.

Resilience in the Nigerian Aviation Industry

Reflecting on the evolution of Nigeria’s aviation sector, Onyema highlighted how past administrations faced challenges in fostering sustainable growth. For instance, the sector struggled with regulatory bottlenecks, high operational costs, and inadequate infrastructure. However, Tinubu’s administration has prioritized resolving these issues through policy-driven initiatives aimed at reducing barriers for local operators.

Onyema pointed to recent successes in Air Peace’s operations as evidence of how strategic reforms can catalyze growth. These include expanded routes, improved customer satisfaction, and partnerships with international stakeholders.

Expert Insights: How Reforms Impact Business Stability

Economic experts echo Onyema’s sentiments, noting that Tinubu’s policies align with global best practices for economic stabilization. According to a professor of business administration, “The administration’s focus on streamlining operations and fostering an enabling environment for businesses is a step in the right direction. In aviation, this could lead to better competition, increased local investments, and improved service delivery.”

Furthermore, a case study of Air Peace highlights the potential of these reforms. The airline, under Onyema’s leadership, has not only expanded its fleet but also established itself as a key player in regional and international markets. Experts attribute this success to improved policies, such as reduced bureaucratic red tape and the encouragement of indigenous investments.

Call to Action: Supporting Indigenous Investments

Onyema urged Nigerians to support the government’s efforts and embrace homegrown businesses as catalysts for economic growth. “These policies will stabilize the aviation industry and, by extension, the entire economy. We must encourage indigenous investments to build a resilient economy,” he said.

The Tinubu administration’s reforms, though facing skepticism from some quarters, represent a bold attempt to lay a foundation for sustainable economic development. With collaboration between the government, private sector, and citizens, Nigeria’s aviation sector—and indeed, its broader economy—can achieve significant strides in the years to come.