FG Mulls Debt Relief for Airlines as Fuel Crisis Bites

FG Mulls Debt Relief for Airlines as Fuel Crisis Bites The Federal Government has announced plans to waive debts owed by domestic airlines to aviation agencies as part of measures to cushion the impact of the ongoing Jet A1 fuel crisis. Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this during a high-level meeting…

Nigeria moves to ease airline crisis with debt relief

Nigerian President Bola Tinubu has agreed in principle to write off part of domestic airlines’ debts to aviation agencies following successful talks, after carriers threatened to halt operations over crippling fuel prices, aviation minister Festus Keyamo said on Wednesday. Tinubu asked for a formal request to be submitted immediately, with the percentage of the write‑off…

Nigeria moves to ease airline crisis with debt relief

Nigerian President Bola Tinubu has agreed in principle to write off part of domestic airlines’ debts to aviation agencies following successful talks, after carriers threatened to halt operations over crippling fuel prices, aviation minister Festus Keyamo said on Wednesday. Tinubu asked for a formal request to be submitted immediately, with the percentage of the write‑off…

Nigeria moves to ease airline crisis with debt relief

Nigerian President Bola Tinubu has agreed in principle to write off part of domestic airlines’ debts to aviation agencies following successful talks, after carriers threatened to halt operations over crippling fuel prices, aviation minister Festus Keyamo said on Wednesday. Tinubu asked for a formal request to be submitted immediately, with the percentage of the write‑off…