Aviation fuel scarcity
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Aviation fuel scarcity: All airlines in Nigeria to shut down in 3 days’ time.

Aviation fuel scarcity. Air Peace Chairman, Onyema, warned that Airlines in the country would shut down operations over lack of Aviation fuel.

The chairman of Air Peace, Allen Onyema, has warned that all Airlines in the country would shut down in three days’ time over the non-availability of Aviation fuel to run their operations.

Speaking on Monday, March 14, 2022, at a meeting of oil marketers and Airline operators in the National Assembly, Onyema said, “We have only three more days, all airlines in Nigeria will shut down. We are not threatening this country, it is a fact.”

He explained that if they were to continue flying, an average Nigerian will spend N120,000 for an economy ticket.

Aviation fuel scarcity

Nigerian Airline operators are demanding operational licenses from the federal government. To, however, begin importation of fuel into the country following the recent fuel debacle and scarcity across the country.

I have the mandate of all airlines to demand that Airlines begin importation of fuel, if we can buy planes of millions of dollars, we can also import fuel ourselves. Let NNPC give Airline’s licenses, we want to import ourselves.”

NNPC CEO, Mele Kyari and other stakeholders were at the meeting.

Also, On his part, Mr. Kyari said that at the moment there were 19 oil companies with 88 million litres of aviation fuel in the country.

In their presentation, the oil markers said high dollar rate was responsible for the high cost of the fuel.

Conclusion: Aviation fuel scarcity

Finally, the Deputy Speaker of the House, Ahmed Idris Wase, who chaired the committee, asked of how much they purchased the dollar and which banks, the representatives of the marketers could not give an answer.

He therefore warned them against blackmailing the government.

Fuel scarcity has, however, taken a downturn on the entire world. This is a result of the Russian/Ukrainian war.

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