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The Nigerian government has made a clarification on the price of aviation fuel, known as JetA1.
A statement by the spokesperson of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, George Ita-Enang explained that JetA1 stood at N1,960 per liter to N2,800 per liter, not above N3,000.
This comes as airline operators threaten to hike airfares and shut down operations amid the rising price of JetA1.
Reacting, NMDPRA assured the public that there is a robust supply of aviation fuel in the country with an inland stock sufficiency of 12 days and a refinery stock sufficiency of 62 days.
“Making a total of 74 days of national sufficiency,” the regulator stated.
“It is imperative to note that like other petroleum products, aviation fuel has been fully deregulated, and the price is driven by market dynamics.
“The prevailing ex-Gantry price of aviation fuel at Dangote Petroleum Refinery & Petrochemical Company (DPRP) is N1,879 per liter, which is slightly lower than the international indicative supply cost of N1,900 per liter in Lagos as of the 16th of April 2026.
“Meanwhile, the nationwide retail prices surveyed by the NMDPRA as of 17th April 2026 ranges between N1,960 per liter and N2,800 per liter. Therefore, the speculated N3,309 per liter price of aviation fuel being peddled in the media does not reflect current market reality.
“The NMDPRA, in line with its mandate, will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply of petroleum products and profiteering across the country.
“While appreciating the continued efforts of all stakeholders in the aviation fuel supply chain in ensuring adequate supply and distribution of the product, the public is hereby assured of NMDPRA’s continued commitment to guarantee energy security in the country,” the statement said.
DAILY POST reports that the minister of aviation and aerospace development Festus Keyamo urged airline operators to halt plans to hike airfares and shut down services in Nigeria.
JetA1: Nigerian Govt speaks on aviation fuel price, assures robust supply
