CLICK TO WATCH
The Federal Government of Nigeria has directed fuel marketers to grant airline operators a 30-day credit window and to sell aviation fuel directly to them, in a bid to tackle the worsening jet fuel shortage and price surge.
- Policy Shift: This measure is aimed at stabilizing the aviation sector, which has been hit hard by soaring fuel costs.
- Impact on Airlines: Direct sales and credit access are expected to ease financial strain on operators, ensuring smoother flight operations.
- Broader Context: The move comes amid rising concerns over the sustainability of air travel in Nigeria, with ticket prices already climbing due to fuel challenges.
Industry stakeholders say the intervention could provide temporary relief, but long-term solutions will be needed to address structural supply issues.
