Tuesday, 28 Apr 2026
  • My Feed
  • My Interests
  • My Saves
  • History
Subscribe
EquityTV
  • Home
  • World
  • Health

    Police Suspend Enforcement of Tinted Glass Permit Following Meeting with NBA

    By
    Hafsat Badiru

    Aiyedatiwa Vows Crackdown on Kidnappers, Warns Sponsors Won’t Be Spared

    By
    Roheemat Asipita Musa

    Governor Radda Condemns Deadly Mosque Attack in Borno, Calls for Stronger Security Measures

    By
    Roheemat Asipita Musa

    AYDM Backs Nigeria-US Sokoto Strikes, Warns South West Governors of Possible Retaliation

    By
    Roheemat Asipita Musa

    Shettima Condemns Borno Mosque Bombing, Says Tinubu Ordered Increased Security Operations

    By
    Roheemat Asipita Musa

    Shehu Sani Hails US Terror Strikes, Cautions Nigeria Against Over-Reliance on Foreign Powers

    By
    Roheemat Asipita Musa
  • Politics
  • Sport
  • Opinion
  • Travel
  • Tech
  • World
  • Politics
  • Travel
  • Opinion
  • Health
  • Tech
  • My Feed
  • My Saves
  • My Interests
  • History
  • History
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Cookies Policy
  • 🔥
  • equityTV
  • Opinion
  • Politics
  • World
  • Sport
  • Education
  • Business
  • Health
  • Entertainment
  • Travel
Font ResizerAa
EquityTVEquityTV
  • World
  • Politics
  • Travel
  • Opinion
  • Health
  • Tech
Search
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Categories
    • World
    • Opinion
    • Politics
    • Tech
    • Travel
    • Health
    • Opinion
    • Sport
Follow US
©Web Design by APPSVILLA . All Rights Reserved.
EquityTV > equityTV > NMDPRA Caps Aviation Fuel Prices at ₦1,960–₦2,800 Amid Airline Shutdown Threats
equityTV

NMDPRA Caps Aviation Fuel Prices at ₦1,960–₦2,800 Amid Airline Shutdown Threats

Roheemat Asipita Musa
Last updated: April 28, 2026 2:43 pm
Roheemat Asipita Musa
Share
SHARE

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set a benchmark range for Aviation Turbine Kerosene (ATK), also known as Jet A1 fuel, at ₦1,960 to ₦2,800 per litre, as concerns mount over rising operating costs in the aviation sector.

The move follows sharp increases in aviation fuel prices, which have significantly impacted airline operations, prompting members of the Airline Operators of Nigeria (AON) to cut flight schedules and threaten a potential shutdown.

In a statement, the Director of Public Affairs at NMDPRA, George Ene-Ita, clarified that current nationwide retail prices fall within the stated range.

“The nationwide retail prices surveyed as of 17th April 2026 range between N1,960 per litre to N2,800 per litre”, he said, dismissing claims of prices reaching ₦3,300 per litre as inaccurate.

The Minister of Aviation and Aerospace Development, Festus Keyamo, had earlier intervened in the crisis, but airline operators insist the measures so far are insufficient.

AON has issued a seven-day ultimatum, warning that operations could be halted if urgent steps are not taken to address fuel pricing and availability.

Vice President of AON and Chairman of Air Peace, Allen Onyema, linked the surge partly to global tensions but argued that local increases are disproportionate.

“Since the advent of the US-Iran war, there has been a spike in aviation fuel price in Nigeria, which we feel is not proportionate to the hike internationally,” Onyema said.

“We expect that in the next 48 hours something drastic should be done because no airline will fly in this country in the next seven days if nothing is done—not because they don’t want to fly, but because fuel may not be available to us at sustainable pricing.”

Industry figures highlight the scale of the crisis. The cost of fuelling aircraft such as the Bombardier CRJ 900 and Airbus A220 has risen from about ₦2.1 million per flight in January to approximately ₦7.6 million as of 26 April 2026, representing a 350 per cent increase.

In response, airlines are beginning to scale back operations.

Ibom Air confirmed it may reduce flight frequencies as the situation worsens. Its Group Manager for Marketing and Communication, Aniekan Essienette, described the situation as critical.

“It is clear to us that the current conditions are unsustainable,” Essienette said. “We will have to take whatever ameliorating actions we can in the days ahead, including reducing our capacity if necessary.”

She noted that airlines are increasingly unable to sustain operations solely to offset fuel expenses, warning that the pricing regime has created an “unprecedented crisis” for domestic carriers.

To ease supply challenges, NMDPRA said it has directed fuel marketers to sell directly to airlines, eliminating intermediaries and improving transparency in the supply chain.

The authority added that it will continue monitoring the situation closely to prevent supply disruptions and profiteering, while reaffirming its commitment to maintaining energy security.

Despite increased local refining capacity, including supply from the Dangote Refinery, airlines argue that domestic prices remain significantly higher than global benchmarks.

With tensions persisting, stakeholders warn that without swift intervention, Nigeria’s aviation sector could face further disruptions, including reduced flight availability and rising ticket costs.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Telegram Copy Link
Previous Article Reps Approve Tinubu’s $516.3m Loan Request for Sokoto–Badagry Highway
Next Article 2027 Elections: Obi Meets Jonathan, Calls for National Repositioning
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Wike-Backed PDP Faction Takes Control of Wadata Plaza Ahead of Parallel Meetings

The faction of the Peoples Democratic Party (PDP) loyal to the Minister of the Federal…

By
Roheemat Asipita Musa

Former Osun Assembly Speaker Najeem Salam Emerges ADC Governorship Candidate

Former Speaker of the Osun State House of Assembly, Najeem Salam, has emerged as the…

By
Roheemat Asipita Musa

Tacha Sets Guinness World Record for Most Cosmetic Makeovers in 24 Hours

Nigerian reality TV star and entrepreneur Anita Natacha Akide, popularly known as Simply Tacha, has…

By
Roheemat Asipita Musa

You Might Also Like

equityTVPolitics

APC Fixes March 24 for Screening of National Office Aspirants

By
Roheemat Asipita Musa
equityTV

Nigeria Should Seek Counter-Terrorism Help From Neutral Nations, Not US —Gumi

By
Roheemat Asipita Musa
equityTV

Gunmen Attack Kebbi Community, Kill Residents, Injure Several Others

By
Roheemat Asipita Musa
equityTV

Baruwa Takes Over NURTW Secretariat, Ousts MC Oluomo After Court Victories

By
Roheemat Asipita Musa
EquityTV
Facebook Twitter Youtube

About US

euityTV is your daily dose of news, delivered with integrity and insight. We’re a team of passionate Nigerian journalists dedicated to bringing you the stories that matter most, every single day.

Together, let’s build a more informed and engaged Nigerians.

Top Categories
  • World
  • Opinion
  • Politics
  • Tech
  • Health
  • Sport
  • Travel
Usefull Links
  • DMCA
  • About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Privacy Policy
  • Complaint

© Copyright| All Rights Reserved | Powered by APPSVILLA

This website uses cookies to improve your experience. We\'ll assume you\'re ok with this, but you can opt-out if you wish. Read More

Decline Cookie Settings
Accept All
Powered by WPLP Compliance Platform
Cookies are small text files that can be used by websites to make a user\'s experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Necessary
    Always Active
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.

Powered by WPLP Compliance Platform
Cookie Settings
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?