President Bola Ahmed Tinubu has approved a 30 per cent discount on outstanding statutory fees owed by domestic airlines to key aviation agencies, in a move aimed at easing mounting operational pressures in Nigeria’s aviation sector.
The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this in a statement, describing the intervention as “a decisive move to support the sustainability of domestic airline operations.”
According to Keyamo, the relief covers accumulated debts, including parking charges payable to the Federal Airports Authority of Nigeria (FAAN), navigational charges owed to the Nigerian Airspace Management Agency (NAMA), as well as other regulatory obligations.
“The presidential directive is part of broader efforts by the Federal Government to cushion the impact of the ongoing Jet A1 fuel crisis, which has significantly driven up operational costs for local carriers,” Keyamo said.
He further revealed that the approval was formally conveyed through the Chief of Staff to the President, Femi Gbajabiamila.
Keyamo noted that the measure underscores the administration’s commitment to stabilising the aviation industry, safeguarding airline operations, and ensuring the continued viability of domestic air transport services nationwide.
Industry stakeholders have welcomed the development, saying the intervention would help address the numerous challenges confronting local airlines and provide much-needed financial relief.
