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In 3 Years, Aviation Fuel Price Rises By 143%

In 3 Years, Aviation Fuel Price Rises By 143%   Aviation fuel has in the last three years risen by about 143 per cent, information gathered from the industry has shown. Airline operators said the product which sold at N255 per litre earlier this week had been...

We Have Enough Aviation Fuel, Says NNPC

We Have Enough Aviation Fuel, Says NNPC   The Nigerian National Petroleum Corporation on Thursday said it had enough stock of aviation fuel to meet the needs of airline operators and other consumers of the product. NNPC’s spokesperson, Ndu Ughamadu, stated that the assurance became necessary to...

Airlines Face Aviation Fuel Scarcity As Price Goes Up

Airlines Face Aviation Fuel Scarcity As Price Goes Up   Domestic airlines are currently facing some scarcity of aviation fuel which has pushed up prices, investigation has shown. Our correspondent gathered on Monday that in the last four days, there had been scarcity of aviation fuel otherwise...

‘Local Refining Of Aviation Fuel Will Save Nigerian Carriers’

‘Local Refining Of Aviation Fuel Will Save Nigerian Carriers’   Airline operators have called for local refining of aviation fuel, known as Jet A1, in order to enable them survive and operate profitably. The product takes over 30 per cent of the airlines’ operational cost. The operators said...

Medview Airline Spends N22bn On Aviation Fuel In 5 Years

Medview Airline Spends N22bn On Aviation Fuel In 5 Years   Nigeria’s major domestic carrier, Medview Airline, has said that due to the high cost of aviation fuel in Nigeria, it spent about N22 billion on the product in the last five years. The airline also said...

Aviation Fuel Shoots to N280/Litre

The slide in the value of the naira against the dollars has caused the price of aviation fuel, known as Jet A1, to skyrocket, Daily Trust checks have shown. The price which stabilized in recent times, selling between N220 to N255 per litre, has increased...