Nigeria, Sept. 17 -- The Airline Operators of Nigeria (AON) has welcomed the federal government's suspension of the four per cent Free-on-Board (FOB) levy on imports, saying the measure will safeguard jobs and protect the aviation industry from collapse.

In a statement on Tuesday, the association said the suspension is "a clear demonstration" of President Bola Tinubu's commitment to a business-friendly environment, protection of critical sectors, and sustainable growth.

"The levy, if implemented, would have had severe consequences for airlines in Nigeria, leading to higher operating costs, further straining an industry already contending with multiple economic challenges," AON said.

The operators commended Finance Minister Wale Edun fo...