Tinubu approves 30% discount on airlines’ debt to Nigerian Govt
News Tinubu approves 30% discount on airlines’ debt to Nigerian Govt Published on April 24, 2026 By Ogaga Ariemu googletag.cmd.push(function() { googletag.display('div-gpt-ad-1500386953281-8'); }); President Bola Ahmed Tinubu has approved a 30 per cent reduction in charges owed by airlines to Nigeria’s aviation agencies. The Minister of Aviation, Festus Keyamo, SAN, disclosed the development on Thursday, noting that the decision was aimed at easing the burden of rising operational costs on airline operators. According to him, the approval was conveyed during an official engagement. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524595905268-5'); }); “So this evening, Mr. President just communicated to us through the Chief of Staff, while we were at the meeting, that he’s granting a 30 percent discount to all airlines,” Mr. Keyamo said. DAILY POST reports that the discount covers outstanding debts owed to key aviation agencies, including the Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and the Nigerian Airspace Management Agency (NAMA). The move follows a meeting between the federal government, led by the aviation minister, and major industry stakeholders recently. Airline operators in Nigeria had earlier warned of a possible shutdown of operations or an increase in airfares due to the surge in aviation fuel prices. They also called for debt waivers from aviation agencies as part of measures to avert disruption in services. Don't Miss Nigerian Army sacks PHDL Secretary, Oguwike, issues disclaimer You may like Yobe APC adopts consensus for 2027 primaries, endorses Tinubu for second term Tinubu unarguably a smart politician – Peter Obi’s staunch supporter, Sam Amadi 2027: Tinubu meets APC govs ahead of primaries Sowore questions Tinubu’s reform, says Nigerian govt mismanaged economy Sokoto-Badagry Highway: Reckless fiscal choices – Atiku blasts Tinubu over additional $516m foreign loan request Tinubu seeks Senate’s approval for fresh $516.3m loan
SOURCE: https://dailypost.ng/2026/04/24/tinubu-approves-30-discount-on-airlines-debt-to-nigerian-govt/