The Federal Government has projected that aviation fuel prices could range between N1,760 and N2,037 per litre, following high-level consultations aimed at addressing persistent supply and pricing challenges in the aviation sector.
The projection was reached after a meeting convened by the Minister of Aviation and Airspace Management on April 22 and 23, 2026, involving stakeholders across the aviation and petroleum value chain.
Key participants included officials of the Ministry of Aviation, Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the Federal Airports Authority of Nigeria, the Nigerian Airspace Management Agency, the Nigerian Civil Aviation Authority, airline operators, and aviation fuel marketers.
The meeting agreed to set up a technical committee to further assess the sector’s challenges and recommend sustainable solutions for stabilising aviation fuel supply and pricing.
Following this, the NMDPRA convened the committee on April 24, 2026, where key recommendations were made to improve market efficiency and ensure consistent product availability.
According to the committee, the indicative end-user price of aviation turbine kerosene (ATK) is expected to range between N1,760 and N1,988 per litre in Lagos, while Abuja prices may fall between N1,809 and N2,037 per litre. The benchmark was based on Platts average rates recorded between April 17 and April 23, 2026.
The committee noted that actual prices may fluctuate beyond the projected range due to market volatility, including geopolitical tensions, supply constraints, and operational costs within the distribution chain.
To improve efficiency, it recommended that the NMDPRA direct marketers to sell aviation fuel directly to airline operators within the specified timeframe, reducing intermediaries in the supply chain.
It also called for a review of pricing components, including premium adjustments and refinery-related cost variations, to ensure greater price stability in the sector.
In addition, the committee urged stronger collaboration among the NMDPRA, FAAN, and NCAA to streamline airside operations, validate credible distributors with adequate infrastructure, and reduce the number of operators based on agreed regulatory standards.
