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The NNPC will grant airline operators permission to import aviation fuel

The NNPC will grant airline operators permission to import aviation fuel

15 March, 2022

The Nigerian National Petroleum Company (NNPC) Limited has announced that it will grant the Airline Operators of Nigeria (AON) a license to begin importing aviation fuel.

Mele Kyari, NNPC's group managing director, revealed this on Monday, 14 March, at the conclusion of the house of representatives' investigative hearing, according to The Cable.

The purpose of the meeting was to settle disagreements between oil marketers and airline operators regarding the price increase of aviation fuel.

Nigerian airline operators claimed that some oil marketers were stockpiling aviation fuel, causing artificial scarcity.

“As requested by the airline operators of Nigeria, there would be granted licence by their authority to import petroleum products, particularly ATK, so that they can have a way of benchmarking the sales from other customers. They can also bring in cheaper products whenever it is possible,” Kyari said.

He said this in response to AON's request during the hearing for a license to import aviation fuel.

Allen Onyema, chairman of Air Peace, stated that if airline operators could import aircraft worth millions of dollars, they would have no trouble importing aviation fuel.

He also stated that if the oil marketers do not lower commodity prices, the airlines may be forced to suspend operations in three days.

“I wish to announce that if they don’t come down from their rooftop, we have only three days more to operate,” he had said.