It is currently ₦50,000, but the Chairman of Air Peace, Allen Onyema, has said, during a public hearing by the House of Representatives ad hoc committee investigating the scarcity of aviation fuel in Abuja, that the least one-way ticket might cost up to ₦120,000 for an economy seat. According to Onyema, airline operators have agreed... Read More

July 2, 2017

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Diesel prices crash further as NNPC intervenes again

The Nigerian National Petroleum Corporation (NNPC) has attributed the continuous slide in Diesel retail prices to it’s intervention. A national survey by Oil and Gas Forum, NNPC’s weekly TV programme, indicated that in the last few weeks, the price of diesel has fallen steadily from between N175 and N200 per litre as at June 18,... Read More

The News Blog

Aviation fuel, Diesel retail prices, nnpc, NNPC intervention

November 19, 2016

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Port Harcourt refinery to begin production of aviation fuel

The Nigerian National Petroleum Corporation has said the Port Harcourt Refining Company will soon begin the production if Aviation Turbine Kerosene, known as aviation fuel. The Managing Director, PHRC, Dr. Bafred Enjugu, disclosed this in a presentation made to the Group Managing Director of NNPC, Dr. Maikanti Baru, during an official tour of the facility,... Read More

Cover Stories, Featured, The News Blog

Aviation fuel, Port Hacourt refinery, Production

September 13, 2016

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Arik Air reportedly shuts down operations

Arik airplanes are currently grounded across the country leaving hundreds of its air travellers stranded, according to Sahara Reporters. The airline has been unable to airlift passengers as none of its aircrafts have flown to any destinations in Nigeria, West Africa and other routes. According to reports the airline’s current predicament is due to its indebtedness to major oil... Read More

The News Blog

Aero Contractors, Arik Airlines, Aviation fuel, aviation industry, First Nation, Indebtedness