Tinubu approves 30% discount on airlines’ debt to Nigerian Govt

President Bola Ahmed Tinubu has approved a 30 per cent simplification successful charges owed by airlines to Nigeria’s aviation agencies.

The Minister of Aviation, Festus Keyamo, SAN, disclosed the improvement connected Thursday, noting that the determination was aimed astatine easing the load of rising operational costs connected hose operators.

According to him, the support was conveyed during an authoritative engagement.

“So this evening, Mr. President conscionable communicated to america done the Chief of Staff, portion we were astatine the meeting, that he’s granting a 30 percent discount to each airlines,” Mr. Keyamo said.

DAILY POST reports that the discount covers outstanding debts owed to cardinal aviation agencies, including the Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and the Nigerian Airspace Management Agency (NAMA).

The determination follows a gathering betwixt the national government, led by the aviation minister, and large manufacture stakeholders recently.

Airline operators successful Nigeria had earlier warned of a imaginable shutdown of op...