Domestic airlines in Nigeria have announced plans to suspend operations from April 30 following a sharp increase in aviation fuel costs, raising concerns across the sector.
Eko Hot News reports that operators say the price of Jet A1 fuel has surged by more than 300 percent, significantly affecting their ability to sustain flight services nationwide.
Airline operators explained that the rising cost of fuel has placed immense pressure on their operations. They noted that the situation has made it increasingly difficult to maintain regular flight schedules.
According to industry stakeholders, aviation fuel remains one of the most critical components of airline operations. The current price levels, they said, are no longer sustainable for domestic carriers.
Efforts to resolve the issue through discussions with the Federal Government of Nigeria and fuel marketers have not yielded a solution. This has further heightened uncertainty within the aviation sector.
Operators stated that without immediate intervention, they may be left with no option but to halt services. They stressed that the move is necessary to prevent further financial strain on their businesses.
The potential shutdown is expected to affect passengers and business activities across the country. Observers note that disruptions in air travel could have wider implications for the economy.
Industry experts have called for urgent measures to stabilise fuel prices and support airlines. They emphasised the need for policies that will ensure the sustainability of the aviation sector.
Airlines also appealed for collaborative efforts between stakeholders to address the challenge. They urged the government to consider practical solutions that will ease operational costs.
Passengers have expressed concern over the development, noting that reduced flight availability could impact travel plans and logistics. Many are calling for swift action to prevent service interruptions.
The aviation sector remains a vital component of Nigeria’s transportation network. Any prolonged disruption could affect connectivity and economic activities across regions.
As the deadline approaches, attention is now focused on possible interventions that could avert the planned shutdown. Stakeholders remain hopeful that a resolution will be reached to ensure continued operations.
