Nigeria, April 24 -- President Bola Ahmed Tinubu has approved a 30 per cent reduction in charges airlines owe aviation agencies, in a move aimed at easing mounting financial pressure in the sector.

The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this on Thursday during a meeting with journalists, saying the approval was communicated during the meeting with airline operators.

"So this evening, Mr President just communicated to us through the Chief of Staff, whilst we were at the meeting, that he's granting a 30 per cent discount to all airlines," Mr Keyamo said.

According to him, the relief applies to debts owed by airlines to key aviation agencies, including the Federal Airports Authority of Nigeria (FAAN),...