NMDPRA Assures Robust Aviation Fuel Supply, Rejects Price Speculation

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured airlines, operators and the public of robust aviation fuel supply across the country, while dismissing reports suggesting supply challenges and excessive pricing in the market.

In a statement issued on Friday, the Authority said it had taken note of media reports alleging difficulties in the supply and pricing of Aviation Turbine Kerosene, commonly known as aviation fuel.

According to the regulator, current stock levels show strong product availability nationwide, with inland stock sufficient for 12 days and refinery stock covering 62 days, bringing total national sufficiency to 74 days.

The NMDPRA stated that aviation fuel, like other petroleum products, has been fully deregulated, with prices now determined by prevailing market forces.

It disclosed that the ex-gantry price of aviation fuel at Dangote Petroleum Refinery and Petrochemical Company stood at N1,879 per litre, slightly below the international indicative supply cost of N1,980 per litre in Lagos as of April 16, 2026.

The Authority added that its nationwide price survey conducted on April 17 showed retail prices ranging between N1,969 per litre and N2,809 per litre.

It therefore rejected reports claiming aviation fuel was selling at N3,306 per litre, describing such figures as speculative and inconsistent with prevailing market realities.

“The speculated N3,306 per litre price of Aviation Fuel being peddled in the media does not reflect current market reality,” the statement said.

The regulator said it would continue to monitor supply conditions closely and deploy appropriate measures to prevent disruptions and profiteering in the downstream petroleum sector.

The NMDPRA also commended stakeholders in the aviation fuel supply chain for their continued efforts in ensuring adequate distribution of the product nationwide.

It reaffirmed its commitment to maintaining energy security and stable supply of petroleum products across the country.