The Nigerian Midstream and Downstream Petroleum Regulatory Authority has recommended that the price of Jet-A1, also known as aviation fuel, should range between N1,760 and N1,988 per litre in Lagos and between N1,809 and N2,037 per litre in Abuja.
The authority said the price band was arrived at following deliberations by a technical committee convened on April 24, 2026, to address the persistent surge in aviation fuel costs and the concerns raised by domestic airlines.
In a statement shared with Vanguard, the NMDPRA said, “Following the engagements and current market fundamentals, we believe the indicative end-user price should range between N1,760 and N1,988 per litre and N1,809 and N2,037 per litre in Lagos and Abuja respectively.
“The indicative prices are based on Platts average prices for the period 17th-23rd April 2026. Products purchased outside this window may be higher due to high volatility in current prices precipitated by the United States and Iran war and varying operational costs by operators.”
The authority recommended that energy marketers sell directly to airline operators and that marketers should consider a 30-day credit window for airlines to pay for supplies made.
Other recommendations included that the NMDPRA should work with the Federal Airports Authority of Nigeria and the Nigerian Civil Aviation Authority to validate airside distributors with infrastructures to trim the number of airside operators based on agreed criteria.
The Ministry of Aviation was urged to facilitate a consultative meeting between oil marketers and airline operators to resolve outstanding debts, and the NMDPRA was asked to recommend the inclusion of aviation turbine kerosene under the Naira for crude initiative.
