FG Seeks AfDB Support for $7bn Aviation Plan
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has met with the President and governors of the African Development Bank in Congo over the proposed $7bn Integrated Aviation Transformation Programme for Africa.
The meeting was held as...
Nigeria’s aviation industry recorded its first contraction in nearly two years in Q1 2026, with air transport output plunging by 47.3% year-on-year in nominal terms, according to the National Bureau of Statistics (NBS).
Fuel Crisis Pushes Domestic Airfares Toward N200,000
Following the sustained high cost of aviation fuel, Nigerian airlines have increased airfares to N200,000 and above for one-hour one-way flights.
A cost analysis across the airlines’ websites showed an upward review in ticket prices by some domestic carriers,...
Tinubu Slashes Domestic Airlines' Debts by 30%
Festus Keyamo, minister of aviation and aerospace development, says President Bola Tinubu has approved a 30 percent discount on debts owed by domestic airlines to aviation agencies.
This means domestic airlines will pay 30 percent less of the amount...
FG Meets Foreign Airlines Over Fare Hike
The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety...
2025 Budget: FG Appropriates N105bn for Aviation Industry
The Federal Government has appropriated N105,953,496,365 to the aviation industry in the 2025 budget before the National Assembly.
The 2025 allocation is an increase from the total budget of N63,317,450,275 in 2024.
In the budget, the Federal Government also...
