Nigerian Airlines Threaten Shutdown Over Rising Fuel Costs

On April 15, 2026, domestic airlines in Nigeria, represented by the Airline Operators of Nigeria (AON), issued a warning regarding the unsustainable rise in jet fuel prices, which have escalated from ₦900 per liter on February 28, 2026, to ₦3,300 per liter. This 300% increase is deemed artificial and disproportionate to the rise in crude oil prices.

The letter, addressed to Mr. Clement Isong, Executive Secretary of the Major Energy Market Association of Nigeria, highlights the severe impact on airline operations, with operational costs outpacing revenues.

Alhaji Abdulmunaf Yunusa, AON President, noted that if the situation does not improve by April 20, 2026, airlines will be compelled to suspend operations, which could lead to significant job losses and economic instability. The letter also emphasizes the need for an urgent review of jet fuel prices to align with international market realities.