Airlines operating in Nigeria have raised alarm over the sharp increase in the price of JetA1 aviation fuel, which has reportedly surged to ₦3,000 per litre, warning that the situation could force a shutdown of operations.
Industry stakeholders say the rising cost of fuel—one of the largest components of airline operating expenses—has placed severe financial pressure on carriers, making it increasingly difficult to sustain services.
Operators under the Airlines Operators of Nigeria (AON) have expressed concern that if the trend continues, many airlines may be compelled to scale down operations or suspend flights entirely.
The development has raised fears of widespread disruption in the aviation sector, potentially affecting domestic travel, business activities, and the broader economy.
Experts warn that higher fuel costs could lead to increased airfares, reduced flight frequencies, and possible job losses within the industry.
Passengers have also expressed concerns over the potential impact, with many already grappling with rising ticket prices and limited flight options.
Stakeholders are calling on the federal government to urgently intervene through policy measures, including price stabilization and support for the aviation sector, to prevent a total breakdown of services.
As of the time of filing this report, authorities are yet to announce concrete steps to address the situation.
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