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.
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Nigeria's airline operators suspend planned shutdown over fuel costs

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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.

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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.

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Photorealistic image of a jetliner amid Middle East conflict, with surging fuel prices, closed airspace map, and frustrated airport passengers.
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Airlines raise fares amid Middle East war fuel surge

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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.

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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.

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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.

페르디난드 마르코스 주니어 필리핀 대통령은 이란-이스라엘 전쟁으로 인한 유가 급등으로 항공기 운항이 중단될 가능성이 분명히 존재한다고 밝혔다. 블룸버그와의 독점 인터뷰에서 그는 원유 공급 부족과 정제 기간 장기화를 이유로 꼽았다. 이번 연료 위기로 인해 필리핀의 인플레이션이 상승할 것으로 전망된다.

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석유 기업들은 4월 14일 화요일 오전 6시부터 에너지부의 전망치에 맞춰 유가 인하를 단행한다고 발표했습니다. 경유는 리터당 20.89페소에서 23페소, 휘발유는 4.43페소에서 4.50페소, 등유는 8.50페소가 인하됩니다. 이번 조치로 2월 말 중동 위기 이후 경유 가격이 100페소 이상 폭등했던 흐름이 멈추게 되었습니다. 페르디난드 마르코스 대통령은 LPG와 등유에 대한 소비세를 유예했으며, 지프니 운전자를 위한 보조금 지원도 시작되었습니다.

 

 

 

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