Government and aviation stakeholders reach agreement to prevent shut down of airlines

The Nigerian National Petroleum Corporation has announced that Aviation jet A1 fuel will be sold at five hundred naira per liter within the next three days to prevent airlines from shutting down.

NNPC’s Group Managing Director, Mele Kyari made this known after a meeting with marketers, regulators and operators in the aviation industry.

The meeting, which was presided over by the Deputy Speaker of the House of Representatives, Ahmed Wase, was in continuation of the investigation over the scarcity and high cost of aviation fuel which has led to an increase in air fares.

Kyari added that airline operators will be granted license to import aviation fuel.

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