Airport scene of Nigerian airline operators and officials resolving jet fuel price dispute, suspending planned shutdown.
Airport scene of Nigerian airline operators and officials resolving jet fuel price dispute, suspending planned shutdown.
በ AI የተሰራ ምስል

Nigeria's airline operators suspend planned shutdown over fuel costs

በ AI የተሰራ ምስል

The Airline Operators of Nigeria (AON) has temporarily suspended its planned nationwide shutdown of flight operations amid a dispute over jet fuel prices. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) countered claims that Jet A1 fuel sells for N3,300 per litre, stating prices range from N1,960 to N2,800. Aviation Minister Keyamo appealed for restraint on price hikes and operations suspension, promising federal government action.

The Airline Operators of Nigeria (AON) announced the temporary suspension of its planned nationwide shutdown of flight operations, as reported by Daily Trust.

This decision comes amid escalating tensions over the high cost of Jet A1 aviation fuel. Airlines had cited prices of N3,300 per litre, prompting threats of shutdown and fare hikes. However, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) denied these figures, stating that Jet A1 sells between N1,960 and N2,800 per litre, according to Daily Trust.

Aviation Minister Keyamo urged airlines to exercise restraint regarding planned price increases and suspension of operations. He promised that the Federal Government (FG) would address the high cost of aviation fuel, as covered by THISDAYLIVE.

The suspension averts immediate disruptions to air travel in Nigeria, but the underlying fuel pricing dispute persists, with airlines and regulators presenting conflicting data.

ሰዎች ምን እያሉ ነው

X users report the Airline Operators of Nigeria (AON) suspending their planned nationwide flight shutdown following Aviation Minister Keyamo's intervention and NMDPRA's statement that Jet A1 fuel prices range from N1,960 to N2,800 per litre, countering airlines' N3,300 claim. Sentiments include relief at the temporary halt, neutral news shares, and skepticism questioning fuel pricing accuracy and the Dangote refinery's role in costs.

ተያያዥ ጽሁፎች

Photorealistic image of a jetliner amid Middle East conflict, with surging fuel prices, closed airspace map, and frustrated airport passengers.
በ AI የተሰራ ምስል

Airlines raise fares amid Middle East war fuel surge

በAI የተዘገበ በ AI የተሰራ ምስል

Global airlines are increasing ticket prices as jet fuel costs soar due to the US-Israel conflict with Iran. Airspace closures in the region are forcing reroutes and cancellations, exacerbating the disruptions. Oil prices have fluctuated sharply, impacting carriers worldwide.

The ongoing conflict in the Middle East, involving U.S. and Israeli air assaults on Iran and Iranian retaliatory strikes, has led to widespread flight suspensions by regional airlines. Oil prices have surged over 10% to more than $75 per barrel due to the shutdown of the Strait of Hormuz. Analysts predict potential increases in airfares as airlines face higher fuel costs.

በAI የተዘገበ

Petrol prices have reached N1,400 per litre across Nigeria, according to a Daily Trust report. This development is said to be deepening the woes of Nigerians. The article features contributions from correspondents in multiple cities.

South African petrol prices will rise by R3.06 per litre to R23.25 inland from midnight on 1 April, while diesel reaches a record R26.11 per litre after a R7.51 increase. The hike stems from global oil prices exceeding $100 per barrel amid the Iran war and a weakened rand. A temporary R3 per litre reduction in the fuel levy cushions the impact.

በAI የተዘገበ

Global crude oil prices have surpassed 115 USD per barrel, triggered by escalation in the Iran-AS-Israel war and Houthi threats. Economists warn of fiscal risks for Indonesia, including rupiah weakening to Rp17,002 per USD and potential APBN deficit. Pertamina denies rumors of non-subsidy fuel price hikes starting April 1, 2026.

President Ferdinand Marcos Jr. said grounding airplanes is a distinct possibility amid soaring oil prices caused by the Iran-Israel war. In an exclusive Bloomberg interview, he cited scarcity of crude oil supplies and longer refining times. Inflation in the Philippines is expected to rise due to the ongoing fuel crisis.

በAI የተዘገበ

Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

 

 

 

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