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As Jet A1 Reaches N1000/Liter, FG Looks to Dangote Refinery and Other Solutions

As Jet A1 Reaches N1000/Liter, FG Looks to Dangote Refinery and Other Solutions Until the Dangote Refinery comes on stream, there may be no respite from aviation fuel crisis rocking both airlines and the industry at large. The Minister of Aviation, Hadi Sirika, said this in...

Local Airlines Seek 40% Fuel Surcharge, Waivers As Jet A1 Hits N822/litre

Local Airlines Seek 40% Fuel Surcharge, Waivers As Jet A1 Hits N822/litre   Local airlines, yesterday, sought approval to impose a new fuel surcharge of between 25 and 40 per cent on consumers as part of measures to cope with an upswing in the price of...

In Three Months, Aviation Fuel Import Rose By 287% To N293bn

In Three Months, Aviation Fuel Import Rose By 287% To N293bn   The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion on the importation of aviation fuel, known as Jet A1 in the first three months of the year – January to...

Jet A1: Why Dangote Refinery May Not End Airlines’ Woes

Jet A1: Why Dangote Refinery May Not End Airlines’ Woes Dangote refinery which plans to start selling petrol, diesel and aviation fuel in early 2020 promises to end the worry of airline operators over shortage of Jet A1 but it may not bring down the...

Marketers Accused of Raking in Profits Selling Aviation Fuel as Kerosene

As the price of kerosene continues to soar because of inadequate supply, marketers have been accused of selling Jet A1, better known as aviation fuel, as kerosene, in the process making a kill of N50-N100 per litre. The diversion of the product to fuel outlets...