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Fuel Price Hike: Airlines Plan Thursday Shutdown Over Rising Fuel Costs

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JetA1 fuel

Airline operators have warned that Nigerian domestic airlines may cease operations on Thursday, April 30, 2026.

Operators cited what they describe as intolerable and unsustainable aviation fuel prices—a move that has raised fresh concerns about widespread travel disruption nationwide.

Industry insiders said the airlines may halt flights by Thursday after they failed to reach an agreement with the Federal Government and oil marketers.

The impending suspension comes following  multiple complaints from operators who have seen the price of Jet A1 increase by more than 300% from February, driving up operational expenses.

There is currently uncertainty for passengers, many of whom depend on domestic flights for urgent and business trips.

FG Approves 30% Cut
Airfare
Aviation Minister, Festus Keyamo

Festus Keyamo, the Minister of Aviation and Aerospace Development, met with fuel marketers and airline operators in Abuja last week in an attempt to prevent the issue.

However, findings show that operators stalled the tripartite negotiations by refusing to shift their positions until significant action was taken.

In an attempt to lessen the burden on airlines, the minister announced a 30% cut in aviation-related taxes at the conclusion of the two-day meeting. Although the gesture was acknowledged, operators maintain that it does not solve the underlying issue.

At the end of the second day of the meeting, Alex Onyema issued a seven-day ultimatum, effective from midnight last Thursday, for action to be taken.

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Favour Jeremiah
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