The global aviation sector is currently facing significant challenges due to a shortage of jet fuel, which has resulted in soaring prices and subsequent flight disruptions. Nigerian airlines are particularly affected, with no immediate resolution in sight despite the federal government's recent efforts to stabilize the situation by setting a price cap on jet fuel at N1,760 per litre in Lagos and N2,037 per litre in Abuja. The ongoing crisis has raised concerns about the operational viability of airlines in Nigeria, as they struggle to manage costs amid fluctuating fuel availability.
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