The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified the current price range of aviation fuel, stating that JetA1 is selling between ₦1,960 and ₦2,800 per litre—not above ₦3,000 as widely speculated.
The clarification was issued by the agency’s spokesperson, George Ita-Enang, amid concerns raised by airline operators over rising fuel costs.
According to the regulator, the country currently has sufficient aviation fuel supply, with a combined stock covering 74 days.
“Making a total of 74 days of national sufficiency,” the regulator stated.
The agency also noted that pricing remains market-driven due to deregulation, adding:
“It is imperative to note that like other petroleum products, aviation fuel has been fully deregulated, and the price is driven by market dynamics.
“The prevailing ex-Gantry price of aviation fuel at Dangote Petroleum Refinery & Petrochemical Company (DPRP) is N1,879 per liter, which is slightly lower than the international indicative supply cost of N1,900 per liter in Lagos as of the 16th of April 2026.
“Meanwhile, the nationwide retail prices surveyed by the NMDPRA as of 17th April 2026 ranges between N1,960 per liter and N2,800 per liter. Therefore, the speculated N3,309 per liter price of aviation fuel being peddled in the media does not reflect current market reality.
“The NMDPRA, in line with its mandate, will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply of petroleum products and profiteering across the country.
“While appreciating the continued efforts of all stakeholders in the aviation fuel supply chain in ensuring adequate supply and distribution of the product, the public is hereby assured of NMDPRA’s continued commitment to guarantee energy security in the country,” the statement said.
The clarification comes as airline operators warn of possible fare increases and operational disruptions.
Meanwhile, Festus Keyamo has urged airlines to suspend plans to raise fares or halt services.
