Aviation stakeholders in Nigeria have expressed worries regarding the growing number of state-owned airlines, cautioning that many of these ventures could face economic unsustainability due to escalating operational costs and inadequate aviation infrastructure. The concerns highlight the challenges facing the aviation sector in the country.

Global oil prices have decreased to levels not seen since before the US-Iran war, leading to expectations for lower petrol prices, according to Daily Trust. Despite this drop, fuel prices in Nigeria continue to exceed N1,000, raising concerns about the slow transmission of global market changes to local consumers and businesses.

The Airline Operators of Nigeria (AON) is advocating for a review of aviation taxes and an economic boycott of South Africa. This initiative arises amid increasing operational costs faced by Nigerian airlines and broader concerns regarding sustainability in the industry, alongside renewed xenophobic attacks in South Africa that have sparked criticism from Nigerians.

Despite a decline in global oil prices to levels seen before the US-Iran conflict, petrol prices in Nigeria remain high, leading to rising expectations among the public for a decrease in local fuel costs, according to Naija News.

Despite a significant drop in crude oil prices to $73 per barrel, petrol prices in Nigeria continue to remain high, with consumers hoping for a reduction below N1,000 per litre.

Depot prices for Premium Motor Spirit (PMS), or petrol, have decreased across various terminals in Lagos, with Rain Oil leading the reduction by cutting prices by N18 per litre. Additionally, diesel prices have also seen a significant drop, falling by up to N70 per litre. This adjustment in prices comes as petroleum marketers respond to changing supply dynamics in Nigeria's downstream oil market, according to Vanguard Business.