Nigerian airlines threaten shutdown as jet fuel price jumps to N3,300/litre

Airline operators successful Nigeria person warned of a imaginable nationwide shutdown of formation operations from April 20, 2026, citing a steep and unsustainable emergence successful the outgo of aviation fuel.

The Airline Operators of Nigeria, AON, disclosed this successful a missive dated April 14 and addressed to the Executive Secretary of the Major Energies Marketers Association of Nigeria, MEMAN, Clement Isong.

According to the AON, the terms of Jet A1 substance has surged from N900 per litre arsenic of February 28 to N3,300 per litre, representing an summation of implicit 300 per cent wrong a fewer weeks.

The operators described the spike arsenic “astronomical and unsustainable,” alleging that it is artificial and inconsistent with planetary lipid marketplace trends.

They noted that planetary crude lipid prices person risen by lone astir 30 per cent wrong the aforesaid period.

The radical said airlines person absorbed the rising costs for much than 4 weeks retired of a consciousness of nationalist work but warned that the concern has go untenable.

“Airline revenues are insufficient to screen the outgo of substance alone,” the missive stated, adding that continued operations nether the existent pricing authorities are nary longer viable.

AON further accused substance marketers of actions that are “decimating the aviation industry,” informing of wider implications for Nigeria’s economy, safety, and nationalist security.