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Nigerian airlines now depend on bank loans as fuel costs soar — Onyema

Nigerian airlines now depend on bank loans as fuel costs soar — Onyema

Nigerian airlines are increasingly relying on commercial bank loans to sustain daily operations as the cost of aviation fuel continues to place heavy pressure on the industry. The Chief Executive Officer ofAir Peaceand vice-president of the Airline Operators of Nigeria (AON), Allen Onyema, disclosed...

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Verified on Jun 24, 2026

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