Aviation fuel crisis: NMDPRA fixes new price band

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) recommended that the price of Jet-A1, or aviation fuel, should range between N1,760 and N1,988 per litre in Lagos and N1,809 and N2,037 per litre in Abuja. This decision follows a meeting of a technical committee on April 24, 2026, aimed at addressing the persistent surge in fuel costs. NMDPRA also suggested that energy marketers sell directly to airlines and consider a 30-day credit window for payment for supplies.