{"id":32882,"date":"2026-04-24T07:13:02","date_gmt":"2026-04-24T05:13:02","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=32882"},"modified":"2026-04-24T07:13:02","modified_gmt":"2026-04-24T05:13:02","slug":"nigerias-president-grants-30-debt-relief-to-airlines-orders-fuel-price-talks","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/nigerias-president-grants-30-debt-relief-to-airlines-orders-fuel-price-talks\/","title":{"rendered":"Nigeria\u2019s President grants 30% debt relief to airlines, orders fuel price talks"},"content":{"rendered":"<p>Nigerian President Bola Tinubu has approved a 30% relief on debts owed by local airlines to aviation agencies and ordered talks involving fuel marketers, airlines, and regulators to reach a fair jet fuel price within 72 hours, Aviation Minister Festus Keyamo said on Thursday.<\/p>\n<p>&nbsp;<\/p>\n<p>Domestic airlines warned they could no longer continue operations without raising ticket prices after jet fuel prices rose nearly 300%.<\/p>\n<p>&nbsp;<\/p>\n<p>Representatives from government, airlines, fuel marketers, and regulators will meet within 48\u201372 hours to agree on what the minister described as \u201cfair and reasonable\u201d pricing for jet fuel, with any outcome to be made public.<\/p>\n<p>&nbsp;<\/p>\n<p>Soaring jet fuel prices have upended the global aviation industry as a consequence of the Iran war, forcing airlines to raise fares, curb growth plans and rethink forecasts.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":32883,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-32882","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Nigerian President Bola Tinubu has approved a 30% relief on debts owed by local airlines","published_date":"2026-04-24 07:08:51","news_description":"Nigerian President Bola Tinubu has approved a 30% relief on debts owed by local airlines","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32882\/revisions"}],"predecessor-version":[{"id":32884,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32882\/revisions\/32884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/32883"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=32882"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=32882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}