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NMDPRA Confirms Aviation Fuel Price at N2,800 per Liter

NMDPRA Confirms Aviation Fuel Price at N2,800 per Liter
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has officially confirmed that aviation fuel prices currently range between N1,960 and N2,800 per liter. This clarification comes in response to recent media reports alleging that prices have surged to N3,300 per liter, a figure the Authority has categorically refuted.
Market Survey and Price Clarification
In a statement released on Thursday, Mr. George Ene-Ita, Director of the Public Affairs Department at NMDPRA, emphasized that a comprehensive market survey conducted on April 17, 2026, revealed that aviation fuel prices nationwide remain well below the speculated N3,300 per liter. “The speculated N3,300 per litre price of Aviation Fuel being peddled in the media does not reflect current market reality,” Ene-Ita asserted. The Authority further highlighted that aviation fuel, like other petroleum products in Nigeria, has been fully deregulated, with prices now determined by market forces.
The prevailing ex-gantry price at the Dangote Petroleum Refinery & Petrochemical Company was reported at N1,879 per liter, marginally below the international indicative supply cost of N1,900 per liter in Lagos as of April 16, 2026. This pricing framework underscores the alignment of domestic fuel costs with global market trends.
Supply Stability and Market Oversight
NMDPRA reassured the public of the robustness of aviation fuel supply across the country. Nigeria currently maintains 12 days of inland stock sufficiency and 62 days of refinery stock sufficiency, amounting to a total of 74 days of national supply. The Authority emphasized its commitment to continuous market monitoring to prevent supply disruptions and curb profiteering.
The statement underscored NMDPRA’s dedication to ensuring energy security and stable supply chains, recognizing the collaborative efforts of stakeholders within the aviation fuel supply network. The Authority pledged to implement regulatory measures as necessary to maintain adequate supply and safeguard market integrity.
Broader Context: Global Fuel Market Pressures
The confirmation of the N2,800 per liter price arrives amid rising operational costs for airlines, which are expected to translate into increased airfares as carriers adjust to higher fuel expenses. Globally, airlines such as Cathay Pacific and Air New Zealand have reported significant financial pressures due to escalating jet fuel prices, prompting some to reconsider route structures and flight frequencies.
Compounding these challenges is the ongoing conflict in the Middle East, which has disrupted oil supplies and contributed to volatility in global fuel markets. This instability has not only affected conventional jet fuel prices but has also narrowed the price differential with sustainable aviation fuel (SAF). Such dynamics may influence airlines’ fuel sourcing strategies and their exposure to price fluctuations in the near term.
NMDPRA’s reaffirmation of its regulatory vigilance and commitment to energy security aims to support the aviation sector as it navigates these evolving market conditions.

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