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A litre of aviation fuel costs N903 now.

Aviation fuel hits N903 per litre

As of yesterday, August 16, the price of aviation fuel, also known as Jet A1, increased to N903 per litre from N880 on Monday, August 15, the situation in the Nigerian aviation sector appears to have no sign of resolution.

According to the Daily Trust, the change has increased demand for airline tickets, resulting in prices as high as N200,000 for a return ticket between Lagos and Abuja and N150,000 to N200,000 depending on when you book.

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.

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