Home News FG Pledges To Stabilise Jet A1 Supply, Prices
News

FG Pledges To Stabilise Jet A1 Supply, Prices

Share
Share

Federal Government, through the Ministry of Aviation and Aerospace Development, has pledged its commitment to policies and partnerships that would ensure the availability, accessibility and affordability of aviation fuel.

It also promised to focus on promoting dialogue between government, oil marketers and airline operators to create a fair and transparent fuel supply chain that supports both economic sustainability and operational excellence.

Minister of Aviation and Aerospace Development, Mr Festus Keyamo, made the pledge while speaking at the Gateway Colloquium organised by CITA, in partnership with the League of Airports and Aviation Correspondence, LAAC, themed: ‘Aviation Fuel Business: The Scenario and the Metaphor,’ held in Lagos.

Keyamo, represented at the colloquium by Director of Public Affairs and Consumer Protection, Mr Henry Agbebire, the minister said: “The theme of today’s colloquium is not just clever, it is timely and thought-provoking, touching on one of the most critical determinants of efficiency, affordability and sustainability in our aviation ecosystem.
Ads by
“Aviation fuel sits at the very heart of airline operations. It does not only represent a key cost driver for airlines but also a strategic index of national logistics and economic vitality. The scenario reminds us of the present realities: fluctuating prices, supply vulnerabilities, and infrastructural challenges; while the metaphor calls us to look beyond the surface: to envision a new energy paradigm that supports growth, innovation and environmental responsibility in Nigeria’s aviation sector.

“As a ministry, we remain committed to policies and partnerships that will ensure the availability, accessibility and affordability of aviation fuel. We are equally focused on promoting dialogue between government, oil marketers and airline operators to create a fair and transparent fuel supply chain that supports both economic sustainability and operational excellence.
“This conversation today is more than an analysis of challenges; it’s an opportunity to shape solutions. I encourage all participants to speak freely, think boldly, and help chart a course that will make Nigerian aviation stronger and more sustainable.”

Share
Related Articles

NDLEA Intercepts Opioids, Meth Shipments Hidden in Creams, Jackets, Cartons

Desperate attempts by members of Drug Trafficking Organisations (DTOs) to move consignments...

King Charles III Hosts Bola Tinubu with Full Ceremony

Britain’s monarch, King Charles III, and Queen Camilla on Wednesday received Nigeria’s...

Tinubu Directs Political Appointees Seeking Office to Resign by March 31, 2026

President Bola Ahmed Tinubu, on Wednesday directed all political appointees under his...

FG Declares March 19, 20 Public Holidays for Eid-ul-Fitr

The Federal Government of Nigeria has declared Thursday, March 19, and Friday,...