Dangote Refinery Slashes Jet Fuel Price To ₦1,650

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In Nigeria’s aviation sector, airline operators have spent months battling rising costs, with jet fuel sitting at the centre of their struggle.

Now, Dangote Petroleum Refinery & Petrochemicals has stepped in with a pricing change that could ease some of that pressure.

In Nigeria’s aviation sector, airline operators have spent months battling rising costs, with jet fuel sitting at the centre …

Price Reduction For Jet fuel

The refinery has cut the price of aviation fuel (Jet A1) from ₦1,750 to ₦1,650 per litre.

It says the reduction aims to support airlines, lower operating costs, and keep flight services running smoothly across the country.

Credit Support For Airlines

In addition, the company has introduced a 30-day interest-free credit facility for marketers and airline operators, backed by bank guarantees.

It has also shifted pricing from dollars to naira, which reduces airlines’ exposure to foreign exchange volatility and creates a more predictable cost structure.

Read Also: Court Battle As Dangote Refinery Sues NNPC Over Licences

Relief For Airline Operations

As a result, airline operators may now find some relief in their daily operations.

Jet fuel remains one of their biggest expenses, so even small changes in price can affect route planning, fare decisions, and overall sustainability.

Industry stakeholders have repeatedly warned that rising fuel costs were pushing the sector closer to operational strain.

Meanwhile, this latest move offers a degree of stability.

It helps airlines plan with more confidence, manage cash flow more effectively, and potentially slow the rise in airfares for passengers.

Ultimately, the change does not solve every challenge in the aviation industry.

However, it does shift momentum slightly in favour of operators at a time when they need flexibility the most.

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