Government moves to ease pressure on airlines amid rising aviation fuel costs.
The Federal Government of Nigeria has directed fuel marketers to provide a 30-day credit facility to domestic airline operators.
The move is aimed at addressing ongoing challenges linked to the rising cost and scarcity of aviation fuel.
Authorities also urged marketers to sell Jet A1 fuel directly to airlines to reduce supply bottlenecks.
Nigeria’s aviation sector has faced mounting pressure due to fluctuating fuel prices and foreign exchange constraints.
Airline operators have repeatedly warned of potential disruptions if costs remain high.
Industry stakeholders say access to credit could help stabilise operations in the short term.
There has been no detailed framework released on how the credit system will be implemented.
The intervention is expected to provide temporary relief while broader sector reforms are considered.