Nigerian President Bola Tinubu has agreed in principle to write off 30 percent of domestic airlines’ debts to aviation agencies to stabilize the country’s aviation sector.
The move follows high-level talks with airlines, which had warned they would halt operations due to soaring jet fuel prices.
“No airline in this country will fly in the next seven days if something is not done. Not because they don’t want to fly, but because the pricing not only of our tickets, but the pricing of the…