Dangote Refinery has announced a reduction in the price of Jet A1 aviation fuel from N1,750 to N1,650 per litre, in a move aimed at easing operational costs for airlines operating in Nigeria.
Reports indicate that the price cut is part of the refinery’s efforts to support the aviation sector, which has been facing challenges due to the high cost of fuel and rising operational expenses.
Aviation industry experts believe the new reduction could help lower some operational costs for airlines, a development that may contribute to stabilizing domestic air ticket prices.
The move is also expected to boost air transportation activities and provide relief for travelers and airline operators across the country.
Stakeholders in the sector have commended the decision, noting that the reduction in Jet A1 fuel prices will help ease the current economic pressure facing airline companies.
