Tag
AVIATION FUEL
Dangote oil refinery began supplying the Nigerian domestic market with petroleum products such as diesel and aviation jet fuel on Tuesday, according to sources familiar with the matter.
The Nigerian Government said it discovered that some fuel suppliers were operating at Nigerian airports illegally.
Expert urge the government to consider establishing a bank of aviation
The LCCI has stated that the high costs of aviation fuel contributed majorly to Nigeria’s inflation rate in the month of July 2022 which rose to a 17-year high of 19.64%.
The aviation sector which just recovered from the pandemic-induced recession is likely to have its interesting prospects punctuated if the aviation fuel crisis persists.
The FG has appealed to domestic airline operators in Nigeria to reconsider their decision to shut down operations over the rising cost of aviation fuel.
Airline Operators of Nigeria have threatened to embark on an indefinite strike from Monday, May 9, 2020 due to the high cost of aviation fuel.
MOMAN has identified solutions to the high price and scarcity of Jet A1 fuel popularly known as aviation fuel, across the country.
In 3 days, representatives from MOMAM, DAPPMA and the Airline Operators of Nigeria will sit down and agree on a transparent basis of pricing.
Air Peace boss has stated that the National Assembly, the NNPC and airline operators are working to reduce the hike in aviation fuel in the country.
MOMAN has acknowledged the factors responsible for the recent surge in diesel and aviation fuel in Nigeria.
Decline in daily aviation fuel sufficiency worries airlines as air passengers are expected to increase in the festive season.