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Over 60 Nigerian airlines failed to sustain operations in three decades
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Nigeria’s aviation industry has been one of the hardest hit in cumulative Nigerian economy, with over 60 airlines folding up in the past three decades.
The country’s domestic airlines have been particularly traumatized, with many notable carriers, some of them, household names, including the national carrier, Nigeria Airways, leaving the scene in quick succession.
Some of the airlines currently demised by hot operational environment and at times, poor managements are: Nigeria Airways, former national carrier, liquidated in 2003, ADC Airlines, a regional carrier that ceased operations in 2007, Bellview Airlines which shut down in 2009.
Others are: Sosoliso Airlines, which ceased operations in 2006, Chachangi Airlines which ceased operations in 2012, Virgin Nigeria/Air Nigeria, (a national flag carrier that went through name changes and ceased operations in 2012), Albarka Air, which ceased to operate in 2005, Okada Air (1983 to 1997), Kabo Air.
Others include: EAS Airline, Afrijet Airline, Air Meridian Associated Aviation Barnax Airline, Dasab Airline, Hak Air, Harka Air, IRS Airline, Gas Air, Oriental Air, and many more.
There are currently 23 airlines struggling to stay afloat in Nigeria as at press time.
Reasons for the collapse of these airlines are varied, but high operating costs, an unfriendly business environment, and a lack of support from the past government are all contributing factors.
The cost of aviation fuel, which has quadrupled in recent years, has made it difficult for airlines to operate profitably.
Additionally, the Nigerian Civil Aviation Authority’s (NCAA) ruling after an earlier audit, sequel to a series of air accidents in the early parts of 2000, that airlines must have more than one aircraft to operate safely, is putting further pressure on today’s struggling carriers.
Many airlines that are still operating in Nigeria are doing so with just one or two aircraft, and are struggling to stay afloat.
The industry is plagued by financial difficulties, with many airlines owing millions of dollars in debt.
Lack of support from past government has also made it difficult for airlines to access foreign exchange, which is essential for accessing spare parts, carrying out due checks on aircraft, and procuring other essential equipment.
Despite these challenges, some airlines have managed to survive and even thrive.
But Dana Air, for example, operated for over 15 years of scheduled operations and flew over 36 million passengers before it developed a fatigued week and had to seize operations.
ValueJet and Air Peace are among the few airlines that have managed to stay afloat, despite financial difficulties.
The collapse of so many airlines in Nigeria has had a significant impact on the country’s economy and its people.
Many jobs have been lost, and the lack of competition has led to higher prices and reduced services.
The present government is taking action to support the industry and create a more favorable business environment.
This includes regulating fuel costs, providing support for airlines, and implementing policies that promote the growth of the industry.
The future of Nigeria’s aviation industry is certain, but one thing is clear: something needs to be done to prevent further collapse and promote growth.
The government, airlines, and other stakeholders, at this point, have to work together to address the challenges facing the industry and find solutions that will benefit the country and its people.
By doing so, Nigeria’s aviation industry can recover and continue to play a vital role in the country’s economy.
According to Femi Erinfolami, accountant and frequent flyer: “with the right policies and support, Nigeria’s airlines can recover and continue to play a vital role in the country’s economy.”
The shutdown of these airlines has also had a significant impact on passengers, who are left stranded and forced to seek alternative travel arrangements. The government must ensure that passengers are protected and that airlines are held accountable for their actions.
In conclusion, the aviation industry in Nigeria is facing significant challenges, with over 70 airlines ceasing operations in recent years. The government must take action to address these challenges and create a more favorable environment for airlines to operate.
The Nigerian National Petroleum Company Limited, NNPCL, has slashed its fuel pump price for the second time within four days.
A market survey on Saturday by DAILY POST showed that NNPCL retail outlets around Airport Junction and Wuse Zone 6 (Berger) in Abuja have reduced their petrol price to N1210 per litre, down from N1260.
This means that the state-owned oil firm slashed the petrol price by N50 per litre.
This comes barely two days after Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.
Recall that four days ago, NNPCL had adjusted its fuel price pump by N75 per litre to N1260.
With the latest drop by NNPCL retail outlets, petrol prices stand between N1210 per litre and N1305 per litre in Abuja and its environs.
The reduction in domestic fuel comes amid falling crude oil prices, which stand at $69 per barrel and $71 per barrel for West Texas Intermediate and Brent crude, respectively, following the easing of the conflict in the Middle East.
Recall that President Bola Tinubu has kept mum amid the clamour by Nigerians for a commensurate drop in domestic fuel pump prices due to the significant reduction in crude oil prices.
The Independent National Electoral Commission, INEC, has said it is yet to receive the Certified True Copy, CTC, of the Federal High Court judgment that set aside an earlier order directing it to register the Nigeria Democratic Congress, NDC, as a political party.
INEC revealed this in a statement issued on Saturday by its Chief Press Secretary and Media Adviser to the Chairman, Adedayo Oketola.
According to the commission, although it is aware of media reports on the judgment delivered by the Federal High Court sitting in Lokoja on June 26, it cannot comment on the ruling until it obtains and reviews the certified copy.
The Independent National Electoral Commission, INEC, is aware of reports circulating in the media regarding the judgment delivered on Friday, June 26, 2026, by the Federal High Court sitting in Lokoja, which set aside an earlier order concerning the registration of the Nigeria Democratic Congress.
“However, as of this moment, the Commission has not yet received the Certified True Copy, CTC, of the court’s order,” the statement said.
INEC stated that its legal department would study the judgment upon receipt of the CTC before advising the commission on the next course of action.
“Once the Commission’s legal department receives and thoroughly studies the CTC of the judgment, INEC will take an informed, lawful decision in line with the court’s directives.
“Until then, we cannot comment on the specifics of the ruling, and the public is urged to await the Commission’s formal position on the matter,” Oketola added.
Justice Isah Dashen of the Federal High Court in Lokoja had on Friday set aside the court’s December 10, 2025, judgment directing INEC to register the NDC as a political party.
The court held that the rights of the Peace Movement Party were affected by the earlier judgment because it was not joined in the suit despite claiming ownership of the logo relied upon in securing the registration order.
Justice Dashen consequently ordered that all parties be restored to the positions they occupied before the December 2025 judgment and directed that the substantive suit be heard afresh with all necessary parties joined.
The NDC has rejected the ruling and announced plans to appeal the decision. Its National Chairman, Senator Moses Cleopas, maintained that the party had not been deregistered and argued that the trial court lacked jurisdiction to revisit a matter on which it had already delivered a final judgment.
The ruling has also attracted reactions from opposition figures, including the NDC’s presidential candidate, Peter Obi, the party’s National Leader, Senator Henry Dickson, and other stakeholders, who described the decision as a threat to Nigeria’s multiparty democracy and vowed to challenge it through all available legal channels.
INEC, however, maintained that it would reserve its position on the judgment until it receives and reviews the Certified True Copy.
A joint police operation rescued five victims abducted near Ogbere Forest in Ogun state on Wednesday.
They were rescued within 25 hours by the Lagos and Ogun Police Commands, which were part of a joint operation codenamed KOSAYE, meaning “No Space” in Yoruba.
The woman was among the victims who were shot in the incident. Her daughter and sister were among those rescued by the police on Thursday.
NNPC slashes petrol price twice within four days
Lokoja Court order: INEC speaks on NDC, says it’s yet to receive CTC
Just in: Police rescue five abductees in Ogun
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