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House of Representatives invites stakeholders over solution to aviation fuel scarcity

Blessing Oziwo by Blessing Oziwo
July 5, 2022
in Business
Reading Time: 2 mins read
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By ADAKU WALTER

The House of Representatives has invited critical stakeholders in the aviation industry over the lingering unavailability of fuel currently crippling air travel in the country.

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Aviation fuel or Jet A-1 currently sells at between N590 to N625 when available. It is, however, difficult for airlines to get the commodity presently, which has led to flight disruptions across various domestic carriers since the beginning of the week.

Air Peace, Arik Air and other airlines have apologized, to their passengers following delays and cancellations, stressing the astronomical hike in the price of aviation fuel as the reason, The Trumpet gathered.

At Wednesday’s plenary, the House resolved to summon the Director-General of the Nigeria Civil Aviation Authority (NCAA), Captain Musa Nuhu, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, oil marketers and the Airline Operators of Nigeria (AON) to meeting with the Deputy Speaker of the House of Representatives, Ahmed Idris Wase and the Chairmen of Committees on Aviation, Petroleum Upstream and Downstream to seek solution to the crisis.

The development followed a motion of urgent public importance sponsored by the Chairman, House of Representatives Committee on Aviation, Nnolim Nnaji, titled: Urgent Need To Investigate And Intervention On The Sudden Scarcity And High Cost Of Aviation Fuel, which has created an existential threat to airlines operations and requires urgent intervention of the Federal Government.

Read Also: World governments spend $11 million on fossil fuels subsidy each minute
Presenting the motion before the House, Nnaji observed that the current crisis in Eastern Europe has created so much global tension and has raised the cost of crude oil to over $125.

He pointed out that the situation has been worsened by the fact that, “Nigeria imports Jet-A1, (aviation fuel) used by airlines for their flight operations and its astronomical hike can impede on airlines’ services.”

Nnaji also disclosed that the product, which was sold for N190 a litre in 2021 had risen to above N600 per litre, adding: “To make matters worse, the oil marketers are alleged to be demanding for upfront cash payments from the airlines.”

He, however, noted that if urgent steps were not taken to ameliorate the situation, airlines and passengers would continue to suffer several consequential economic and travel crises that might lead to total shutdown of air transport services.

Tags: Ahmed Idris WaseAirline Operators of Nigeria (AON)Aviation fuelcritical stakeholdersHouse of Representatives
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