• About
  • Advertise
  • Our Privacy Policy
  • Contact
Tuesday, July 21, 2026
No Result
View All Result
  • Login
  • Register
MetrowatchXtra
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
No Result
View All Result
MetrowatchXtra
No Result
View All Result
Home Latest News

President Tinubu Approves 30% Debt Relief for Airlines

The Minister of Aviation and Aerospace Development, Mr Festus Kayamo, disclosed on Friday in Abuja

Kemi Sheriepha by Kemi Sheriepha
April 24, 2026
0 0
0
By Gabriel Agbeja

President Bola Tinubu has approved a 30 per cent discount on outstanding statutory fees owed by domestic airlines to aviation agencies.

The Minister of Aviation and Aerospace Development, Mr Festus Kayamo, disclosed on Friday in Abuja.

In a statement signed by Mr Tunde Moshood, Special Adviser on Media and Communications to the Minister, he said the presidential directive was formally conveyed through the Chief of Staff to the President, Mr Femi Gbajabiamila.

Keyamo said the decisive move aimed at alleviating operational pressures within Nigeria’s aviation sector.

‘’The relief covers accumulated debts including parking charges payable to the Federal Airports Authority of Nigeria (FAAN), navigational charges owed to the Nigerian Airspace Management Agency (NAMA), as well as other regulatory obligations.

‘’This intervention comes as part of the Federal Government’s broader efforts to cushion the impact of the ongoing Jet A1 fuel crisis, which has significantly increased operating costs for domestic carriers.

READ ALSO  OBITUARY | Nigeria's First Female Senator, Franca Afegbua, Dies at 79

“The initiative underscores the administration’s commitment to stabilising the aviation industry, safeguarding airline operations, and ensuring the continued viability of domestic air transport services across the country, ‘’ he said.

In a related development, Keyamo said Nigeria aviation sector has earned a 91.45 per cent safety rating from the International Civil Aviation Organisation (ICAO).

He said the record-breaking score followed the recent audit conducted by the International Civil Aviation Organisation (ICAO).

The minister said the exercise took place at the headquarters of the Nigeria Civil Aviation Authority (NCAA) in Abuja.

According to him, the landmark score, announced during a debriefing session by the ICAO audit team, represents the highest rating ever attained by Nigeria since it began participating in ICAO’s safety oversight audits.

‘’This achievement places Nigeria well above both the West African regional average of 61.1 per cent and the global average of 70.4 per cent, reinforcing the country’s standing as a leader in aviation safety compliance.

READ ALSO  President Tinubu Appoints 4 Permanent Secretaries for FCT Administration | METROWATCH

‘’The improved rating is expected to significantly enhance investor confidence, strengthen Nigeria’s international aviation credibility, and position the country as a preferred destination for global aviation partnerships and investments.

‘’The International Civil Aviation Organisation (ICAO), a specialised agency of the United Nations, is responsible for coordinating global standards in air navigation and ensuring the safe and orderly development of international air transport,’’ he said.

According to him, ICAO evaluates member states’ ability to effectively implement safety oversight systems through its Universal Safety Oversight Audit Programme (USOAP).

The minister stated that Nigeria, as a committed member state, had consistently worked to align with the international standards.

‘’Since the inception of the USOAP in 1999, Nigeria has undergone four comprehensive safety audits, with performance measured through Effective Implementation (EI) scores that reflect the robustness of its aviation safety framework,’’ he added. (NAN)

 

Metrowatchxtra

Tags: Tinubu
Kemi Sheriepha

Kemi Sheriepha

RELATED POST

Osun Bloodshed: Gov Adeleke Orders ‘Stay Away from LG Secretariats’
Latest News

2027: Adeleke Risks Reelection Defeat over Tinubu support, Olawepo-Hashim Warns

by Kemi Sheriepha
July 20, 2026
0

The presidential candidate of the Accord Party, Dr. Gbenga Olawepo-Hashim, has warned that Osun State Governor, Ademola Adeleke, risks losing...

Read moreDetails
JUST IN: Crisis Brews In ADC as New Faction Emerges

ADC Raises Alarm as Tinubu’s Director Refuses to Leave Office after Removal

July 17, 2026
Tinubu Being Misled by Close Aides, Nigerians Losing Patience, Ndume Says

Speak Directly to Nigerians, not Through Aides, Ndume Tells Tinubu

July 10, 2026
‘Sign Federal Audit Service Bill or resign’, Atiku Tells Tinubu

‘Sign Federal Audit Service Bill or resign’, Atiku Tells Tinubu

July 10, 2026
OPINION ARTICLE: How Insecurity is Bleeding Nigeria about $15bn Annually and Destroying Its Economic Future

IMF Report: Tinubu’s Govt Under Fire over N8.8tn Unaccounted Spending

July 8, 2026
2027: Obi Can’t Face Me, Let Alone Tinubu, Says Umahi

2027: Obi Can’t Face Me, Let Alone Tinubu, Says Umahi

July 7, 2026
Load More

APO

Recent Posts

  • 2027: We Have Written Agreement Obi Will Serve Only 4 Years, Says Kwankwaso
  • Nigerian Govt Returns 13 Oil Blocks to Licensing Pool
  • EFCC Clears Immigration CG Nandap of Visa Fraud Probe
  • Fire Destroys 17 Shops in Lagos Market
  • Nnamdi Kanu’s Lawyers Threaten Legal Action over TV Guest’s ‘Kill Kanu’ Remark

Recommended

BREAKING |  APC Expels ex-Governor Chime, VON DG Okechukwu, ex-Speaker Odo

BREAKING | APC Expels ex-Governor Chime, VON DG Okechukwu, ex-Speaker Odo

3 years ago
CBEX Quietly Resumes Operations Despite SEC Ban, N1.2tn EFCC Probe

CBEX Quietly Resumes Operations Despite SEC Ban, N1.2tn EFCC Probe

1 year ago
MetrowatchXtra

MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria

  • About
  • Advertise
  • Our Privacy Policy
  • Contact

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Sports
  • Tech
  • Health

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved