How FG will tackle aviation fuel crisis by Sirika

The Minister of Aviation, Hadi Sirika, has reiterated that the aviation fuel crisis is not peculiar to Nigeria.

Sirika spoke yesterday while responding to questions from State House Correspondents at the Presidential Villa, Abuja.

He affirmed that the persisting scarcity and high cost of aviation fuel, also known as JET A1, will come under control when the repair of Port Harcourt Refinery is completed or Dangote Refinery commences operations.

The minister blamed the scarcity and high cost on the volatility of the international petroleum market and the Russia/Ukraine conflict.

In the last few weeks, domestic airlines had complained about the spike in the price of aviation fuel and had threatened to withdraw their services.

On plans to address the scarcity, the minister said: “I did address the press a couple of days ago, saying by the grace of God, perhaps once Dangote Refinery is online or if the government fixes Port Harcourt Refinery, we will begin to refine this product and sell it.

“As a stopgap measure, there’s an agreement that the airline operators of Nigeria would nominate either from themselves or from other major oil marketers who should be allowed to import this product and get the necessary foreign exchange for that purpose.

“That will now increase more supply and perhaps drive down the cost.”



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