Oil marketers and airline operators have confirmed the steady supply of aviation fuel, known as Jet A1, since Dangote refinery started supply of the product to local consumers, even though the prices of the product have increased. It was learnt that the cost of aviation fuel in Lagos is between N1,230 and N1,240 per litre, […]
As dollar value rises against the naira, coupled with inflation, it has emerged that airfares may rise between N150, 000 and N250, 000 for one hour flight in domestic destinations, which will amount to over 100 per cent price increase. Currently average cost of flight is about N70, 000, however, it was learnt that this […]
Some oil marketers have saturated the aviation industry with low quality jet fuel that crashed prices from N800 per litre to N600 per litre, a development that compromised on air safety, THISDAY has learnt. It was learnt that some of the oil marketers sourced the product from modular refineries and illegal facilities and sold DPK […]
The Airline Operators of Nigeria (AON) has condemned in very strong terms, the attack on the property of Dana Air by passengers whose scheduled flights were affected by the grounding of the airline for operational audit. Recall that Dana Air passengers had on July 21, 2022, physically descended on, and damaged, the company’s property at […]
*Price of Aviation Fuel May Rise to N1000 Per Litre The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion in the importation of aviation fuel, known as Jet A1 in the first three months of the year – January to March 2022. Oil and gas industry publication, Sweet Crude Report stated […]
