National

In Three Days, All Airlines In Nigeria Will Shut Down – Airpeace Boss Reveals

Airlines are demanding operational licenses from the federal government to begin importation of fuel or Airlines In Nigeria Shut Down

Airlines are demanding operational licenses from the federal government to begin importation of fuel or Airlines in Nigeria shut down, following the recent fuel scarcity across the country.

Airpeace Chairman, Allen Onyema, warned that Airlines in the country would shut down operations over the non-availability of Aviation fuel to run their operations.

‘We have only three more days, all airlines in Nigeria will shut down. We are not threatening this country, it is a fact,” Onyema said.

The Airpeace boss is currently speaking at a meeting of oil marketers and Airline operators at the National Assembly.

Also in attendance at the meeting is the NNPC CEO, Mele Kyari and other stakeholders.

”I have the mandate of all airlines to demand that Airlines begin importation of fuel, if we can buy planes of millions of dollars, we can also import fuel ourselves. Let NNPC give Airlines licenses, we want to import ourselves, Onyema insisted.

Airline operators in Nigeria recently alleged hijacked of aviation fuel by supply chain of the Jet A1 fuel, thereby driving up the price through artificial scarcity.

The operators also expressed worry over the safety of airlines in Nigeria, adding that they were disturbed in the face of continuous hike in the price of aviation fuel.

The operators said this during a hearing by the House of Representatives ad hoc committee investigating the scarcity of aviation fuel.

They said that operators were struggling to maintain their jets as fuel now took over 115 per cent of operation costs.

Mr Allen Onyema, the CEO of Air Peace, said that within two weeks, price of aviation fuel moved from N190 per litre to N670 per litre as oil prices rose as a result of the Russian – Ukraine war. CONTINUE READING…

Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts or report call/WhatsApp us on +2348072633727

VAM News

Recent Posts

Ondo Police crack down on 2 kidnapping suspects

THE Ondo state Police Command has arrested two suspected members of a kidnap syndicate allegedly…

3 hours ago

Bridging Heritage and Future: Hon. Ibrahim Kunle Olanrewaju Champions Transformative Educational Projects in Otun-Ekiti

THE landscape of education and digital literacy in Ekiti State received a monumental boost as…

4 hours ago

Actor Taiwo Hassan Ogogo dies

Popular Nollywood actor Taiwo Hassan, professionally known as Ogogo, has been lost to the cold…

18 hours ago

Fuel pump price per litre increased

Nigerian filling stations have increased their Premium Motor Spirit, PMS, pump price. The adjustment was…

2 days ago

IYD 2026: Osun Police Urge Youth to Shun Political, Digital Thuggery

THE Osun State Police Command has urged Nigerian youth to reject political violence, electoral thuggery…

2 days ago

Setting the Record Straight: Remi Omowaiye’s Misrepresentations on the 2026 Osun Governorship Election, by Prince Adeotun Omisore

Ordinarily, one wouldn't bother on any response to inglorious pontification of Remi Omowaiye on the…

2 days ago