News
Kayamo pleads with local airlines to hold off flight suspensions over jet fuel price spike
Nigeria’s aviation minister Festus Kayamo has urged local airlines to avoid suspending local flights or raising fares after carriers threatened to halt operations over a sharp rise in jet fuel prices.
In a letter to the Airline Operators of Nigeria dated April 16 and seen by Reuters, the minister acknowledged the pressure on airlines from the soaring cost of jet fuel but appealed for restraint to avoid wider economic disruption.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war.
He said the government was engaging with the industry and had scheduled an emergency meeting with regulators and stakeholders in Abuja on April 22 to find what he described as a prompt and sustainable solution.
-
News1 day agoPwC, EY jointly command an estimated 35.9% of Nigeria’s corporate audit market in 2025`
-
News1 day agoFlutterwave makes CNBC, Statista’s World’s top fintech companies list
-
Oil and Gas1 day agoInternal documents show Shell’s role in oil theft, environmental damage across Niger Delta
-
Oil and Gas1 day agoOil jumps 7% on escalating Middle East airstrikes
-
Economy1 day agoAtiku raises alarm over Nigeria’s N12.62tr debt profile
-
Economy7 hours ago72% of world trade still operates under WTO— Okonjo-Iweala
-
News7 hours agoNortheast Development Commission distributes 10,000 e-vehicles to beneficiaries
-
News7 hours agoWike seeks N400bn to complete Abuja millennium tower