Nigeria aviation shutdown - fuel price rises

[EddyCurr]

There appears to have been a change of heart

Nigerian airlines suspend plans to ground local flights over cost of jet fuel
By Camillus Eboh and Macdonald Dzirutwe
Reuters 2022.05.08

ABUJA — Nigerian airlines have suspended plans to ground all local flights due to the soaring cost of jet fuel just hours before the move was due to take effect, the airline operators association said on Sunday.

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I came across the update while looking further into the domestic jet fuel price issue.

I do not see recent massive increases in Jet A. I DO see a history of devaluations of Nigeria's currency, the Naira, since 2020.03.

Despite being a major oil producer, apparently Nigeria imports its jet fuel and pays in foreign currency, presumably dollars.