The House of Representatives, on Thursday, ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to crash the price of Jet-A1, otherwise known as aviation fuel and ensure its availability to the airline operators.
The directive was given at a meeting at the National Assembly between the leadership of the House led by the Deputy Speaker, Hon Idris Wase, alongside the members of the committee on aviation and the Group Managing Director (GMD), of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, Director-General Nigerian Civil Aviation Authority (NCAA), Musa Shuaibu, and NMDPRA.
The House said it would not entertain any excuses until the price of the aviation fuel is crashed and the product is available in the airlines.
The meeting was convened sequel to a motion passed by the House on the need to investigate the sudden and high cost of aviation fuel, which has created an existential threat to airline operations, sponsored by the chairman House Committee on Aviation, Hon Nnolim Nnaji.
Speaking during the meeting, the Deputy Speaker wondered why despite the scarcity of the product, airliners were asked to pay upfront for the product, which he said made the price of aviation fuel rise over a hundred per cent.
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He said the House as representatives of the people would not fall its hand and watch Nigerians suffer.
“Our responsibility is to improve on the welfare of our constituents,” Wase said.
Speaking earlier, the Director-General of NCAA, Musa Shuaibu, described the increase as a significant concern not only for the inconvenience caused in terms of flight delays and cancellations but also the safety concern of passengers.
According to him, “if airlines can not have enough financial margin to comply with all mandatory requirements and considering the cost of air ticket now and couple with increase, the airlines cannot survive.”
He stated that the NCAA would cooperate with the House by supporting any interventions that would improve the supply of the product to address the general concerns raised.
On his part, the Executive Director, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ukoha O. said the agency’s role is to license every dealer of the product.
He said the agency has so far licenced 28 marketers who are bringing the product into the country in the last 3 months, noting that the license lasts for 90 days.
He confirmed that from their record, as of Thursday, they had 34.9 days of the sufficiency of the product.
He dismissed the insinuations that there is scarcity of the product, saying there is enough volume to go round both onshore and offshore for 34 days.
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