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    NMDPRA Pegs Aviation Fuel at ₦1,760–₦2,037 amid Price Surge Concerns

    NMDPRA

    Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set a new indicative price range for aviation fuel, Jet-A1, between ₦1,760 and ₦1,988 per litre nationwide, with slightly higher rates of ₦1,809 to ₦2,037 expected in Lagos and Abuja aviation hubs.

    The regulator announced the framework on Monday following a technical committee meeting on April 24 to tackle the escalating Jet-A1 costs threatening domestic airline viability amid global market volatility.

    NMDPRA based the pricing on Platts average benchmarks from April 17-23, 2026, warning that purchases outside this window or amid U.S.-Iran war disruptions could push prices higher due to forex swings and operator costs.

    To ease airline burdens, the authority directed energy marketers to supply Jet-A1 directly to carriers, bypassing middlemen for efficiency, while proposing 30-day credit terms to improve cash flow.

    It called for a Ministry of Aviation-led meeting between oil marketers and airlines to settle debts, alongside collaboration with the Federal Airports Authority of Nigeria (FAAN) and Nigerian Civil Aviation Authority (NCAA) to rationalise airside distributors.

    NMDPRA also advocated including Aviation Turbine Kerosene in the Federal Government’s naira-for-crude scheme to shield pricing from exchange rate shocks and bolster operational sustainability for carriers.

    The interventions aim to stabilise supply chains, curb inflation in airfares and freight, and support Nigeria’s aviation sector recovery amid persistent petroleum product challenges.

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    Frank
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    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

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