The Nigerian House of Representatives has supported the Airlines Operators of Nigeria (AON), as it asked the Nigerian National Petroleum Corporation (NNPC) to provide six million litres of aviation fuel to marketers chosen by the airlines.
This was confirmed from the statement issued by the lawmakers after they met AON, GMD of the NNPC and Governor of the Central Bank of Nigeria (CBN) on Monday.
According to the statement, the airline operators must commence the process of securing a license for the importation of aviation fuel to avoid suspicion over the landing cost of the product and other associated logistic issues.
Femi Gbajabiamila, the speaker of the House, said shutting airline operations could cripple the government.
He said, “We are at the precipice today in Nigeria. It is a crucial moment for us. There is a crisis at hand. The shutdown of airline operations has the potential of shutting down this government. We cannot sit here as stakeholders and fold our arms and watch this happen.
“I hope that the outcome of this meeting will usher in a lasting solution to these challenges of Jet A1 bearing in mind that there is a laissez-faire economy of demand and supply.
“As part of the resolutions, it was also agreed that, as a long-term solution, the airline operators must commence, the process of securing a license for the importation of aviation fuel to avoid suspicion over the landing cost of the product and other associated logistic issues.”