The Federal Government has announced fresh intervention measures to cushion the growing pressure on Nigeria’s aviation sector following the sharp rise in Jet A1 fuel prices, which has pushed airline operating costs to unsustainable levels.
According to the Minister of Aviation and Aerospace Development, Festus Keyamo, President Bola Ahmed Tinubu has approved a package of relief measures aimed at stabilizing the industry and preventing possible disruptions in air transport services.
Keyamo disclosed this after a high-level meeting involving the Federal Ministry of Petroleum Resources, airline operators, oil marketers, and other key stakeholders. The emergency discussions were triggered by mounting concerns over fuel costs and the financial strain on airlines.
One of the major decisions reached is a discount on certain outstanding fees owed by airline operators to the Federal Government, a move described as immediate relief for struggling carriers.
He also revealed that a special committee will soon be set up by the President to review and possibly reduce multiple taxes and levies embedded in airfares, which have contributed to rising ticket prices for passengers.
According to the Minister, the goal is to strike a balance between sustaining airline operations and protecting travelers from further fare increases.
The development comes at a time when operators have repeatedly warned that the continued surge in Jet A1 prices could lead to flight reductions, delays, or even service disruptions if urgent intervention was not taken.
For now, stakeholders say the government’s move offers temporary breathing space—but many are still watching to see how quickly these policies translate into real relief on ticket prices and operations.
