Sunday, September 13, 2026

Tinubu approves 30% debt relief for Nigerian airlines

President Bola Tinubu has approved a 30 per cent discount on outstanding statutory fees owed by domestic airlines to aviation agencies.

• April 24, 2026
AIRLINES LOGOS
Some airline logos in Nigeria used to illustrate the story

President Bola Tinubu has approved a 30 per cent discount on outstanding statutory fees owed by domestic airlines to aviation agencies.

Aviation minister Festus Keyamo disclosed this on Friday in Abuja.

In a statement signed by Tunde Moshood, special adviser on media and communications to the minister, he said the presidential directive was formally conveyed to the president through the chief of staff, Femi Gbajabiamila.

Mr Keyamo said the decisive move aimed at alleviating operational pressures within Nigeria’s aviation sector.

“The relief covers accumulated debts, including parking charges payable to the Federal Airports Authority of Nigeria and navigational charges owed to the Nigerian Airspace Management Agency, as well as other regulatory obligations.

‘’This intervention comes as part of the federal government’s broader efforts to cushion the impact of the ongoing Jet A1 fuel crisis, which has significantly increased operating costs for domestic carriers.

“The initiative underscores the administration’s commitment to stabilising the aviation industry, safeguarding airline operations, and ensuring the continued viability of domestic air transport services across the country,” he said.

In a related development, Mr Keyamo said Nigeria’s aviation sector has earned a 91.45 per cent safety rating from the International Civil Aviation Organisation.

He said the record-breaking score followed the recent audit conducted by the International Civil Aviation Organisation.

The minister said the exercise took place at the headquarters of the Nigeria Civil Aviation Authority in Abuja. According to him, the landmark score, announced during a debriefing session by the ICAO audit team, represents the highest rating ever attained by Nigeria since it began participating in ICAO’s safety oversight audits.

‘’This achievement places Nigeria well above both the West African regional average of 61.1 per cent and the global average of 70.4 per cent, reinforcing the country’s standing as a leader in aviation safety compliance.

‘’The improved rating is expected to significantly enhance investor confidence, strengthen Nigeria’s international aviation credibility, and position the country as a preferred destination for global aviation partnerships and investments.

‘’The International Civil Aviation Organisation, a specialised agency of the United Nations, is responsible for coordinating global standards in air navigation and ensuring the safe and orderly development of international air transport,’’ he said.

According to him, ICAO evaluates member states’ ability to effectively implement safety oversight systems through its Universal Safety Oversight Audit Programme.

The minister stated that Nigeria, as a committed member state, had consistently worked to align with the international standards.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Nigerian Black Axe cultists

Diaspora

Names, charges of six Nigerian Black Axe cultists extradited from South Africa to U.S. over multimillion-dollar wire fraud 

Their extradition comes about five years after South Africa’s Directorate for Priority Crime Investigation (DPCI), popularly known as the Hawks, arrested them in a 2021 raid.

Adegboyega Oyetola

Economy

U.S. govt lauds Nigeria’s maritime reforms 

The U.S. government commended Nigeria for its maritime security reforms that led to the lifting of a 12-year restriction on Nigerian vessels.

Gbenga Olawepo-Hashim

Heading 2

Accord Party queries INEC over exclusion of candidate from 2027 presidential list

The party said Mr Olawepo-Hashim met the requirements to contest the election, including payment of the prescribed nomination fees, before emerging as consensus candidate.

Uba Sani of Kaduna State (Credit: Twitter)

Heading 3

Why Northern Women Ulama endorsed Tinubu: Uba Sani

“They are not endorsing President Bola Ahmed Tinubu based on sentiments; it is simply because of what he has done for Nigeria and for Northern Nigeria in particular,’’ he said.

INEC Photo (Credit: Punch Newspapers)

NationWide

2027: Analysts urge Nigerians to look beyond party sentiments, assess presidential candidates’ records

Political analysts have urged Nigerians to critically assess the presidential candidates for the 2027 elections, following INEC’s release of the final list.