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Nigerian airlines avert shutdown as jet fuel prices surge amid Middle East war

International
Published on 30 April 2026
Nigerian airlines avert shutdown as jet fuel prices surge amid Middle East war

Dangote refinery ramps up, yet prices stay crushing

Nigerian airlines kept operating on Thursday after averting a shutdown sparked by soaring jet fuel prices. The spike, intensified by the Middle East war, is hitting an industry across Africa’s biggest crude producer. Even with increased jet fuel output from Nigeria’s Dangote refinery, data reviewed by AFP suggests fuel costs remain stubbornly high—raising questions about how much room there is to lower prices.

  • Airlines avoided a shutdown despite fuel price warnings
  • Middle East conflict is boosting global fuel costs
  • Dangote refinery is producing more jet fuel
  • Yet prices remain high, squeezing carriers
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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