Osita Okonkwo, the Chief Working Officer of United Nigeria Airways, has acknowledged that regardless of the soundness within the availability of aviation gasoline within the nation, its value stays very excessive.
In keeping with the airline chief, the soundness skilled is as a result of elevated provide made obtainable to the airline trade by the Dangote refinery. Nonetheless, he known as for decrease costs for airline operators.
He emphasised the necessity for a corresponding enchancment within the trade fee to assist scale back prices for airline operators.
He stated, “We wish the value to come back down; hopefully, with the trade fee bettering, it should come down. We at all times need decrease costs.
After we began, it was 250, 300, in comparison with 1000, which remains to be excessive. However crucial factor is that it’s obtainable and the value is secure, although we’re asking for decrease costs.
“Most fuelers are shopping for from Dangote now; I do know their main distributor, MRS, buys solely from them, so I believe NNPC additionally buys. Most individuals are shopping for from Dangote, however I don’t understand how the others are supplying.”
Okonkwo famous that whereas there was a slight lower in costs just lately, there was no shortage.
He stated, “One factor about pricing is that it has remained secure; it got here down barely, nevertheless it has remained secure, and the gasoline is out there, so there’s no shortage since Dangote got here on board.
“The worth is between 1,050 and 1,200 in Lagos, after which it varies in different places. It relies on who’s supplying.”
Not too long ago, the Dangote refinery has been supplying aviation gasoline to the airline trade, marking a big transfer, particularly because it comes from a privately owned refinery.
