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Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out - Travel - Nairaland

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Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by BeeBeeOoh(m): 9:59pm On Mar 10, 2022
The Chief Executive Officer of Air Peace, Allen Onyema, has disclosed that the Nigerian airlines risk going under in the next three days if the price of aviation fuel, also known as Jet A1 is not controlled.

Mr. Onyema, while appearing before the House of Representatives Committee investigating the increase in price of the fuel, said the operators now buy the fuel for N670 per litre from the N190 per litre they used to buy.

He noted that despite the increment in air tickets by the airlines, they are still running at huge losses and owing debt.

Onyema said the NNPC limited should be asked to bring down the price of the fuel to N200 per litre so that the operators can continue to operate.

Responding to the request, NNPC Limited CEO, Mele Kyari said the request will not be possible. Kyari stressed that the fuel is a deregulated product and the landing cost is N418 per litre.

“The Chairman of Air Peace said they should bring it to N200 per litre.

“As of today, the landing cost of ATK is N418 per litre, we have no control over that, the only way is to subsidize it,” Kyari said.

Other operators who spoke at the hearing also echoed what Onyema said.

The CEO of Overland, Captain Edward Boyo, said the country risks putting planes at risk if action is not taken to regulate the price of Jet A1 fuel.

In his ruling, the Deputy Speaker, Idris Wase said the Committee will meet again on Monday to hear from the fuel marketers.

He directed the NNPC limited boss to work with all relevant authorities to crash the price of jet fuel.

https://dailypost.ng/2022/03/10/jet-fuel-now-n670-per-litre-from-n170-airline-operators-cry-out/

2 Likes 1 Share

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by inoki247: 10:03pm On Mar 10, 2022
Diesel is now 700 in my area the country don finally enta full time one chance....

108 Likes 10 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Purelylight(f): 10:08pm On Mar 10, 2022
People are really suffering

79 Likes 2 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by SportsHD: 10:17pm On Mar 10, 2022
Make fuel no go finish mid air.
What buhari cannot destroy doesn't exist.

158 Likes 11 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by SarkinYarki: 10:18pm On Mar 10, 2022
I specifically warned y'all about Buhari

119 Likes 8 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by helinues: 10:31pm On Mar 10, 2022
Eventually.... grin

66 Likes 3 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by ChiefSosa(m): 10:34pm On Mar 10, 2022
To those that voted President Muhammadu Buhari(GCFR) and have continuously stayed by his side in these challenging times both online and offline. I know things are hard, but I want you all to have faith and keep in mind that:



























































GOD WILL PUNISH YOU!!!

174 Likes 15 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by internationalman(m): 10:53pm On Mar 10, 2022
Go to Ukraine and Russia you'd know that there's more war in Nigeria than those two countries...

38 Likes 1 Share

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by ogododo: 10:54pm On Mar 10, 2022

5 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by doctokwus: 11:01pm On Mar 10, 2022
ogododo:


Bubu never start with una.
Do you know that even in many parts of Ukraine there is still electricity and water.That even their fire service can still access water in the water hose in the streets or buildings to put out fires?
The one of electricity really shocked me.Except for the heavily bombarded areas,there is still power supply in places like Kyiv for eg.
Here in Nigeria,small thunderstrikez and you won't see light till the next day if you are lucky.
Watching the way some services are still running in Ukraine that is not just at war but being heavily bombarded,just makes one realize how underdeveloped Nigeria is.

107 Likes 4 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Maxymilliano(m): 4:24am On Mar 11, 2022
Dividends Of Misguided CHANGE ...

6 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by nairaman66(m): 4:59am On Mar 11, 2022
Buhari the mismanagement master!

No light, no fuel. You flew out of the country.. Is your brain not paining you so?

57 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by olu77(m): 5:01am On Mar 11, 2022
Welcome to reality. Anybody that want to become a billionaire this year should start storing this jet fuel etc somewhere because this is just the genesis

2 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Tokskob2008: 5:02am On Mar 11, 2022
Very good.... That's the change they are talking about.

I'm sure before December it might be #1k per litre.

9 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Ventura1: 5:05am On Mar 11, 2022
They should increase the cost of their services as well. The situation is not peculiar to Nigeria, the increase in crude oil prices is responsible, why cry woof when there's none.
My worry is the scarcity of bread that is looming.

2 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by dele1727: 5:06am On Mar 11, 2022
grin grin cheesy

The word in the bible holds true for many Nigerians...
My people perish for lack of knowledge

A lot of people just live on this earth without understanding their environment....

Nigeria and the Government is the cause of everything wrong with them and their lives ....

https://www.caranddriver.com/news/a39338671/us-gas-prices-skyrocketing-future/..

Due to the sanctions the USA and its Allies are leveling against Russia the second largest producer of crude oil ....The cost of all the components of crude oil has gone up by as much as 50% in majority of countries that import stuffs like Aviation fuel, diesel and petrol....

In Nigeria... unlike sensible countries.... petrol is still been subsidies but kerosene and diesel is not and therefore when there is an increase in the open market....it shows here....


Nigerians should learn to seek for the right information instead of just shouting up and down like fools without knowledge cursing themselves and their country...

The bible says my people perish for lack of knowledge....what you don't know will make everyone know you are a fool

But if Petrol can be sold in the USA that has oil just like majority of Nigerians claim they have for $2-$3 per litre which is approximately 950-1350 naira per litre... I don't understand why we still selling at 165 naira per litre ....

It's suicide and we are killing ourselves gradually....

5 Likes 3 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by SAMTOBIJU(m): 5:07am On Mar 11, 2022
Travel for yeye medical when your country is in disarray. Fuel scarcity, ASUU strike, increase in price of everything, now jet fuel.

11 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by bigdammyj: 5:09am On Mar 11, 2022
A little above 1$
Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by fnep2smooth(m): 5:09am On Mar 11, 2022
After 2023 election, it will be 1000 per liter. Na to just use leg de waka

2 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by kennethfranc(m): 5:10am On Mar 11, 2022
Indeed there was a country
Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by tonididdy(m): 5:18am On Mar 11, 2022
regardless please always ensure the quality and quantity in your tanks are premium standards.
Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by cardoctor(m): 5:19am On Mar 11, 2022
We r dead

1 Like

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by tonididdy(m): 5:20am On Mar 11, 2022
kennethfranc:
Indeed there was a country

it's general oil prices man, all over the world.
this is what happens when a group of bully nations decide to sanction a big oil player.
the while world will feel the heat

1 Like

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by prophetfire: 5:20am On Mar 11, 2022
Purelylight:
People are really suffering
. Yoruba ronu. Sophisticated and educated, voting in illiterate cow rearers to run a country for them.

13 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by gbagyiza: 5:26am On Mar 11, 2022
Ventura1:
They should increase the cost of their services as well. The situation is not peculiar to Nigeria, the increase in crude oil prices is responsible, why cry woof when there's none.
My worry is the scarcity of bread that is looming.

Our problem is a man-made issue due to greed. When the system killed all our functional refineries n centred only on the importation of refined products, what do u expect? A country that is blessed with huge deposits of crude oil does not have a single refinery working. The way things are going in Nigeria, very soon the country will shut down if care is not taken.

9 Likes 2 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Onyiiobi7735(m): 5:27am On Mar 11, 2022
Can this useless government ever be remembered for any good at all,even if it's one thing? The most useless and worst government on planet earth.

2 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by todaynewsreview: 5:28am On Mar 11, 2022
This scarcity may be in disguise to increase the prices then. May God see us through. Thank God no adulterated fuel too. Our airlines should be protected.
Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by OrdinaryNigeria(m): 5:35am On Mar 11, 2022
angry
I tot we are in sh*t

Now after washing my eyes with the sh*t.

I realize we are in deeeper sh*t, and it's beginning to get hot.

Is time to unbanned bikes and bicycle

2 Likes 1 Share

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Cognitivereason: 5:37am On Mar 11, 2022
Many of u shouting buhari but praise US for their sanctions are completely daft and stupid...

The rise is in aviation fuel is due to crude oil price rising and the artificial scarcity created by the US sanctions..

Buhari or NNPC don't have control over any petroleum product except Gasoline...

To bring down the price..
Dollar has to come down since we import it and dangote refinery has to start working to save shipping cost..
Even at this ..the product must still sell at international price except u want government to subsidize the product too

9 Likes

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by Greyworld: 5:37am On Mar 11, 2022
dele1727:
grin grin cheesy

The word in the bible holds true for many Nigerians...
My people perish for lack of knowledge

A lot of people just live on this earth without understanding their environment....

Nigeria and the Government is the cause of everything wrong with them and their lives ....

https://www.caranddriver.com/news/a39338671/us-gas-prices-skyrocketing-future/..

Due to the sanctions the USA and its Allies are leveling against Russia the second largest producer of crude oil ....The cost of all the components of crude oil has gone up by as much as 50% in majority of countries that import stuffs like Aviation fuel, diesel and petrol....

In Nigeria... unlike sensible countries.... petrol is still been subsidies but kerosene and diesel is not and therefore when there is an increase in the open market....it shows here....


Nigerians should learn to seek for the right information instead of just shouting up and down like fools without knowledge cursing themselves and their country...

The bible says my people perish for lack of knowledge....what you don't know will make everyone know you are a fool

But if Petrol can be sold in the USA that has oil just like majority of Nigerians claim they have for $4-$6 per litre which is approximately 1800-2500 naira per litre... I don't understand why we still selling at 165 naira per litre ....

It's suicide and we are killing ourselves gradually....




How much is minimum wage in US? Half baked analysis... In fact rubbish analysis

35 Likes 2 Shares

Re: Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out by ikorodureporta: 5:38am On Mar 11, 2022
Kerosene above N500 per litre...

Who talk say ukraine war no concern us??

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