Aviation Fuel Now N714/Litre   There are fears that, at least, three domestic airlines may close shop in the coming months due to the continuous rise in the price of Jet A1, otherwise known as aviation fuel. The Airline Operators of Nigeria (AON) has raised the alarm...

High Crude Prices Increase Aviation Fuel By 121.4% To N620/Litre   The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of...

Despite Interventions, Aviation Fuel Sells Above N500   Despite interventions by the Nigerian National Petroleum Company Limited (NNPCL) and the House of Representatives, aviation fuel or Jet A1 has continued to sell above N585 per litre. The fuel is said to take about 40 per cent of...

Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension   The Senate Committee on Aviation, on Tuesday, met the Airline Operators of Nigeria over the threat by domestic airlines to suspend flight operations nationwide from Thursday due to high cost of Jet A1, also known...

Airlines Groan As Aviation Fuel Exceeds N600 Per Litre   There is no end in sight to the precarious situation airlines are facing over aviation fuel, known as Jet A1, as the price skyrocketed to an all-time high of N607 per litre yesterday – an increase...

P/Harcourt Refinery Projects 3.96bn Litres Petrol Annually   The Port Harcourt Refining Company, currently under rehabilitation, will supply 11 million litres of Premium Motor Spirit, popularly called petrol, to the domestic market, the latest report put together by the firm has stated. This means the company...