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The Nigeria National Petroleum Corporation (NNPC) Limited, Central Bank of Nigeria (CBN) and airline operators have agreed to provide six million litres of aviation fuel at N480 a litre for three months.
It was part of the agreements reached at the end of the meeting summoned by the House of Representatives on Monday to avert airline operators’ planned shutdown.
On Friday, the Airline Operators of Nigeria (AON) announced plans to shut down operations from Monday over the high cost of aviation fuel.
The group complained that aviation fuel, also known as Jet A1, has reached an all-time high of N700 per litre.
The Cable
