Aviation fuel hits N903 per litre

The crisis in the Nigerian aviation sector seems to have no visible end as the price of aviation fuel otherwise known as Jet A1 hit N903 per litre yesterday August 16, from N880 on Monday August 15.

Daily Trust reported that the development has put pressure on airline tickets with passengers paying as much as N200,000 for a return Lagos-Abuja ticket; while Lagos-Kano return is between N150,000 and N200,000 depending on the time of booking. 

Abuja-Kano flight on Max Air is between N74,000 and N100,000; while it is between N74,000 and N80,000 on Air Peace.  Also on Max Air, Abuja-Maiduguri is N90,000 and Lagos-Kaduna on Azman Air for a Wednesday flight, N130,000. A one-way Lagos-Abuja fare is now N80,000 and could be as high as N150,000 if the travel date is in 24 hours.

Air Peace return ticket from Abuja-Kano is between N140,000 and N160,000 and one-way, N78,000. A return from Abuja-Gombe is N150,000 and one-way, N75,000. For Abuja-Port Harcourt, a one-way ticket is N100,000; Abuja-Lagos, between N75,000 and N100,000.

Checks on Air Peace flight from Lagos to Enugu for Wednesday (today) showed that it costs N150,000 for a one-way ticket.

Though the fuel was sold for N880 per litre in Kano; N780 in Abuja and N740 in Lagos according to figure obtained from operators on Monday, it was sold for N903 in the North on Tuesday due to the additional cost of bridging incurred by marketers from Lagos.