The Nigerian government has sought to clarify the current pricing of aviation fuel, locally referred to as JetA1, in response to growing concerns from airline operators regarding operational costs and the potential for service disruptions. George Ita-Enang, spokesperson for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stated that the price of JetA1 ranges from N1,960 to N2,800 per litre, with a maximum price of N3,000, contrary to some reports suggesting otherwise. This clarification comes after domestic airlines threatened to increase airfares or suspend operations due to rising fuel costs.
The NMDPRA reassured the public that the country has a robust supply of aviation fuel, with an inland stock sufficiency of 12 days and a refinery stock sufficiency of 62 days, totaling a national supply of 74 days. The statement emphasized that aviation fuel, like other petroleum products, is fully deregulated, and its pricing is influenced by market dynamics. As of April 16, 2026, the prevailing ex-Gantry price at the Dangote Petroleum Refinery & Petrochemical Company (DPRP) is N1,879 per litre, which is slightly below the international indicative supply cost of N1,900 per litre in Lagos. The NMDPRA also noted that the speculated price of N3,309 per litre circulating in the media does not accurately reflect the current market situation.
Furthermore, the authority pledged to monitor supply and distribution closely, implementing regulatory measures as needed to prevent disruptions and profiteering. It commended stakeholders in the aviation fuel supply chain for their efforts in maintaining adequate distribution. In a separate statement, Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, urged airline operators to reconsider their plans to raise fares or suspend services, highlighting the government’s commitment to ensuring energy security and stable operations within the sector.
Comments are closed for this story.