Dangote Refinery Slashes Aviation Fuel Price by N100, Assures Steady Nationwide Supply
Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel, also known as Jet A1, from N1,750 to N1,650 per litre in a move aimed at easing the financial burden on airline operators across the country.
The refinery announced the N100 price cut on Wednesday, while also assuring stakeholders of uninterrupted fuel supply nationwide.
As part of a broader Federal Government-backed intervention in the aviation sector, Dangote Refinery is also offering a 30-day interest-free credit facility to marketers and airline operators, backed by bank guarantees.
The intervention additionally includes a transition from dollar-denominated pricing to a naira-based pricing structure for aviation fuel purchases.
The latest reduction is expected to provide relief for domestic airlines, many of which have struggled with rising operational costs driven largely by the soaring price of aviation fuel.
Industry stakeholders have repeatedly warned that the increasing cost of Jet A1 was becoming unsustainable and threatening the stability of flight operations across Nigeria.
Following concerns raised by the Airline Operators of Nigeria, the Federal Government last month stepped into the situation by convening strategic meetings with airlines, fuel marketers and aviation agencies.
The intervention was led by the Minister of Aviation and Aerospace Development, Festus Keyamo, who stressed the government’s commitment to maintaining stability within the aviation sector.
While acknowledging that Nigeria operates a free-market system, Keyamo said market forces should not be allowed to disrupt critical national services or work against public interest.
As part of the intervention measures, government proposed a pricing band of between N1,760 and N1,988 per litre in Lagos and N1,809 to N2,037 per litre in Abuja.
The government also approved debt relief measures for domestic airlines, including discounts on outstanding debts owed to aviation agencies such as the Federal Airports Authority of Nigeria, Nigerian Airspace Management Agency and Nigerian Civil Aviation Authority.
Regulatory authorities further directed fuel marketers to provide airlines with 30-day credit facilities to reduce immediate financial pressure.
An ad-hoc committee was also set up to review and streamline the multiple taxes and levies affecting domestic airfare pricing.
Earlier this year, the Airline Operators of Nigeria warned that airlines might suspend operations if the sharp rise in Jet A1 prices continued unchecked.
The association disclosed that aviation fuel prices had jumped from N900 per litre in February to as high as N3,300 per litre by mid-April 2026.
According to the association, airlines had continued operations despite mounting losses out of commitment to national service, but warned that the situation had become financially unbearable.
“Airline revenues are insufficient to cover the cost of fuel alone,” the association stated in a letter to the Major Energies Marketers Association of Nigeria.
The group also warned that any shutdown of airline operations would negatively affect the economy, financial institutions, employment and national security.
