Glamtush
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship
No Result
View All Result
Glamtush
No Result
View All Result
Home News

Airline Operators Cry Out As Jet Fuel Now N670 Per Litre

byAngela Davies
March 10, 2022
in News, Nigeria News
Jet Fuel
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

Airline Operators have cried out as jet fuel now cost N670 per litre.

Glamtush reports that the Chief Executive Officer of Air Peace, Allen Onyema, has disclosed that Nigerian airlines risk going under in the next three days if the price of aviation fuel, also known as Jet A1 is not controlled.

READ ALSO

Top Nigerian Newspaper Reviews Today, Tuesday 31 January 2023

Canadian Cardinal Accused Of Sex Assault Retires

Mr. Onyema, while appearing before the House of Representatives Committee investigating the increase in the price of the fuel, said the operators now buy the fuel for N670 per litre from the N190 per litre they used to buy.

He noted that despite the increment in air tickets by the airlines, they are still running at huge losses and owing debt.

Onyema said the NNPC limited should be asked to bring down the price of the fuel to N200 per litre so that the operators can continue to operate.

Responding to the request, NNPC Limited CEO, Mele Kyari said the request will not be possible.

Kyari stressed that the fuel is a deregulated product and the landing cost is N418 per litre.

“The Chairman of Air Peace said they should bring it to N200 per litre.

“As of today, the landing cost of ATK is N418 per litre, we have no control over that, the only way is to subsidize it,” Kyari said.

Other operators who spoke at the hearing also echoed what Onyema said.

The CEO of Overland, Captain Edward Boyo, said the country risks putting planes at risk if action is not taken to regulate the price of Jet A1 fuel.

READ ALSO  Sanwo-Olu Declares Three-Day Mourning Over Ikoyi Building Collapse

In his ruling, the Deputy Speaker, Idris Wase said the Committee will meet again on Monday to hear from the fuel marketers.

He directed the NNPC limited boss to work with all relevant authorities to crash the price of jet fuel.

Related

Related Posts

Nigerian Newspaper
News

Top Nigerian Newspaper Reviews Today, Tuesday 31 January 2023

January 31, 2023
Canadian Cardinal
News

Canadian Cardinal Accused Of Sex Assault Retires

January 30, 2023
VIDEO: Angry Kano Residents Stone Helicopter In Buhari’s Convoy During Visit
News

VIDEO: Angry Kano Residents Stone Helicopter In Buhari’s Convoy During Visit

January 30, 2023
Anambra Sex Worker
Metro/Crime

Anambra Sex Worker Found Dead In Hotel Room

January 30, 2023
Poly Begins Investigation As Graduating Student Thanks God, Private Parts
News

Poly Begins Investigation As Graduating Student Thanks God, Private Parts

January 30, 2023
Tax Clearance Certificate
News

FIRS Makes FAAC Fat

January 31, 2023
Next Post
BRT Driver

#JusticeForBamise: Lady Narrates How Arrested BRT Driver Raped Her Inside BRT Bus

E-Magazine Covers

GTCO Fashion Weekend
Lace Styles
Emerging Artists

Check Out Emerging Artists To Watch In 2023

January 31, 2023
Chinedu Ikedieze

Moyo Lawal Excited As She Meets Actor Chinedu Ikedieze (PHOTOS & VIDEO)

January 31, 2023
Actors Guild Of Nigeria

Deyemi Okanlawon, Uche Elendu Bag Appointments With Actors Guild Of Nigeria

January 31, 2023
Nnamdi Kanu

Atiku Abubakar To Release Nnamdi Kanu If Elected President

January 31, 2023
Akwa Ibom

Atiku Will Sell Your Palm Trees, Run To Dubai – Tinubu Tells Akwa Ibom People

January 31, 2023
Tinubu

I Rescued Atiku When Obasanjo Wanted To Roast Him Like Goat – Tinubu

January 31, 2023
Dollar To Naira Exchange Rate

Black Market Dollar To Naira Exchange Rate Today 31 January 2023

January 31, 2023
Transcorp Group

Transcorp Group Adds 138 MW To Its Power Generation Capacity

January 31, 2023
Nigerian Newspaper

Top Nigerian Newspaper Reviews Today, Tuesday 31 January 2023

January 31, 2023
Primate Ayodele

Primate Ayodele Begins 17 Days Of Appreciation & Philanthropic Impacts, Visits Sick People

January 31, 2023

Glamtush is a fashion, beauty and lifestyle online magazine. We bring to you latest trends in fashion, beauty and lifestyle as well as those making the fashion world interesting and adorable.

  • About Us
  • Advertise
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship

© 2022 Glamtush