AIRLINES in Nigeria are warning of a potential nationwide shutdown as the Airline Operators of Nigeria raises alarm over a sharp and unsustainable increase in aviation fuel costs.
In a letter addressed to the Major Energies Marketers Association of Nigeria, the group revealed that the price of Jet A1 fuel has surged dramatically from ₦900 per litre in late February to about ₦3,300 per litre within a few weeks, an increase of over 300 percent.
The operators described the spike as artificial and inconsistent with global crude oil trends, which have only seen a modest rise within the same period.
According to the association, airlines have continued operations despite mounting losses, absorbing the costs in what it described as a commitment to national service.
However, it warned that the situation has reached a breaking point, with revenues no longer sufficient to cover fuel expenses alone.
The group disclosed that the impact is already visible, noting that at least one airline has stopped operations since mid-March due to the rising fuel costs, with others at risk of following suit if conditions do not improve.
AON cautioned that a shutdown of airline operations would have widespread consequences, affecting businesses, financial systems, and millions of Nigerians who rely on air travel.
It also warned of broader implications for national security and economic stability.
The association urged MEMAN to intervene and align fuel pricing with international benchmarks, stressing that the current situation is damaging to the aviation sector and the country at large.
As a final measure, the operators issued a notice that all airlines may suspend operations starting April 20, 2026, if no urgent action is taken.
Key government officials, including Bola Ahmed Tinubu, were copied in the communication, as stakeholders await a response to avert a looming disruption in the aviation industry.