How FG Will Fight Aviation Fuel Crisis – Minister
Metro News Society

How FG Will Fight Aviation Fuel Crisis – Minister

How FG Will Fight Aviation Fuel Crisis – Minister

Hadi Sirika, the Minister of Aviation has disclosed how the Federal Government will fight the aviation fuel crisis in the country.

He said this on Tuesday while responding to questions from State House Correspondents at the Presidential Villa, Abuja. DAILY POST reports.

See Other Top News:

Sirika, who took the Secretary-General of International Civil Aviation Organisation (ICAO), Juan Carlos Salazar, and his team to see President Muhammadu Buhari at the Villa, blamed the scarcity and high cost on the volatility of the international petroleum market and the ongoing war between Russia and Ukraine. Information Guide Nigeria

On plans to address the scarcity, Sirika said: “We explained that the scarcity and high cost of Jet A1 in civil aviation is not peculiar to Nigeria”.

“It is a global phenomenon driven by many factors. Some of them include even low capacity to refine the product.

“It’s also in high demand around the world, it has increased activity and increased the number of aeroplanes out there and users of this jet A1. Plus also the Ukraine crisis and many more. It’s a time when crude itself is so expensive.

“Once Dangote Refinery is online or if the government fixes Port Harcourt Refinery, we will begin to refine this product and sell it”. jamb results

“As a stopgap measure, there’s an agreement that the airline operators of Nigeria would nominate either from themselves or from other major oil marketers who should be given the opportunity to import this product and get the necessary foreign exchange for that purpose.

“That will now increase more supply and perhaps drive down the cost.

“So, this is not unique to Nigeria. Unfortunately, we’re going through this phase, but civil aviation from time to time always survives challenges. They come, unfortunately, but then you see civil aviation graphs keep going up.

“We hope that this is a temporary thing around the world and we hope that Jet A1 will be very available everywhere and at a very good price.

“We hope in the future they will learn to do away with all these carbon emitters and have much more cleaner energy, which will be more readily available for everybody on a very cheaper cost to make civil aviation transportation the preferred choice.”

Check and Confirm: How much is Dollar to Naira today    Pounds to Naira today

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

Related Posts

Nigeria: Govt Says UAE Yet to Lift Visa Ban

Nigeria: Govt Says UAE Yet to Lift Visa Ban

The Federal Government has revealed that the United Arab Emirates, UAE, is yet to lift the visa ban imposed on Nigeria.InformationGuideNigeria Tis is following reports emerged that the…

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Chief Rotimi Amaechi, Former Governor of Rivers State and former Minister of Transportation, was recently admitted to the bar in the class of 2024 after completing his law…

Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

The President of Nigeria,  President Bola Tinubu on Tuesday, said Nigeria is currently facing challenging times but its economy is not distressed. As reported by THE WILL, President…

Nigerian Army troops kill notorious terrorist leader Maikusal

Troops of Nigerian Army have killed a notorious terrorist leader, Maikusa, who is identified to be the second-in-command in the hierarchy of the terrorists’ cell in Katsina State,…

“It’s work, work, work there”- Lady and family reportedly leave UK, relocates to Nigeria

“It’s work, work, work there”- Lady and family reportedly leave UK, relocates to Nigeria

Rebecca Olawale, a Nigerian lady who had stayed in the United Kingdom with her family, has created a film to illustrate that they have returned to Nigeria. GISTLOVER…

“This is so hard to watch”- Reactions trails video of Herbert Wigwe’s daughter paying tribute to her brother Chizi

“This is so hard to watch”- Reactions trails video of Herbert Wigwe’s daughter paying tribute to her brother Chizi

Herbert Wigwe, the former Group CEO of Access Holdings, his wife Chizoba, and their first son, Chizi, were recently killed in a helicopter crash. The incident came as…

Leave a Reply

Your email address will not be published. Required fields are marked *