Aviation Fuel To Sell For N500, Air Ticket May Rise Up To N85k

Temporary resolution has been made regarding the price of Aviation fuel after the Nigeria National Petroleum Corporation (NNPC), Airline operators, oil marketers and other stakeholders rose from a meeting that focused on the hike in price and shortage of Jet A1 aviation fuel reports Prime Business Africa.

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The price of aviation fuel has been pegged at N500 per litre in the interim and is expected to run at least for 72 hours pending the determination of a substantive price.

The Group Managing Director of the NNPC Ltd, Mele Kyari announced the outcome of the meeting with a not-too positive news for air passengers who may now have to pay the sum of N85, 000 for air ticket per seat.

The price hike in fares is a direct consequence of the licenses to airline operators to import aviation fuel as requested by the Chairman of Air Peace, Allen Onyema.

The deputy speaker of the House of Representatives, Ahmed Idris Wase however pleaded with the stakeholders to resolve the issue and reduce the sufferings of aviation passengers in the country.

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Aviation Fuel To Sell For N500, Air Ticket May Rise Up To N85k

Izuchukwu Okosi

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