Keyamo, Oyedele move to shield airlines from fuel price volatility

Minister of Aviation and Aerospace Development, Festus Keyamo, engaged in discussions with Finance Minister Taiwo Oyedele to alleviate the burden of rising operational costs on domestic carriers. They acknowledged that volatility in aviation fuel prices impacts connectivity and economic productivity. The ministers identified areas for collaboration, including fiscal interventions and innovative financing mechanisms to support the sector. They also emphasized the strategic importance of aviation for economic development and regional integration.