Nigeria: Airline operators to shut down operations from Monday

Due to the increase in the cost of aviation fuel, the Airline Operators of Nigeria are set to shut down operations from Monday, May 9, 2022.

The airline operators announced this in a letter sent to the Minister of Aviation, Senator Hadi Sirika, by its President, Abdulmunaf Yunusa Sarina.

The development followed the astronomical increase in the cost of aviation fuel, also known as Jet A1, from N190 per litre and later N360 per litre in January to N607 per litre in March this year.

According to reports, the product now sells for N700 per litre.

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