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Stakeholders reach agreement to prevent shut down of airlines

By Uchechi Ojo March 15, 2022313 views

Aviation jet A1 fuel is to be sold at N500 within the next three days to prevent airlines from shutting down.

This is according to the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari 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.

Mr Kyari said a better pricing mechanism is to be put in place within the next three days to arrive at an acceptable price.

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

Uchechi Ojo

Uchechi Ojo, is a Lagos-born and based writer, newscaster and voice-over artist. A versatile and committed journalist with the yearning to make a difference in the industry. She writes balanced, informative and interesting stories. Uchechi has the ability to interact and listen with rapt attention, excellent time management and great communication skills while paying attention to detail. She is very approachable and a good team player. Instagram | LinkedIn