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Stakeholders Reach Agreement To Prevent Shut Down Of Airlines

The Chinese nationals departed via an Air Peace flight.
A file photo of an Air Peace plane.

 

Aviation jet A1 fuel is to be sold at N500 within the next three days to prevent airlines from shutting down.

This is according to the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari after a meeting with marketers, regulators and operators in the aviation industry.

READ ALSO: Deputy Speaker Meets Aviation Stakeholders Over Fuel Scarcity

The meeting, which was presided over by the Deputy Speaker of the House of Representatives, Ahmed Wase, was in continuation of the investigation over the scarcity and high cost of aviation fuel, which has led to an increase in air fares.

Mr Kyari said a better pricing mechanism is to be put in place within the next three days to arrive at an acceptable price.

He added that airline operators will be granted license to import aviation fuel.

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