Dangote Refinery Slashes Jet Fuel Price To ₦1,650 Per Litre, Says Move Will Ease Airline Cost Pressures

by HEDNEWS on May 19, 2026

Dangote Refinery slashes jet fuel price to ₦1,650 per litre, says move will ease airline cost pressures Dangote Petroleum Refinery has reduced the price of aviation fuel Jet A1 to ₦1,650 per litre, down from ₦1,750, in a move aimed at easing cost pressures on airlines and ensuring an uninterrupted fuel supply across the country. In a statement issued on Tuesday by its media team, the refinery said the price reduction was part of efforts to stabilise the aviation sector and support airlines struggling with high operating costs driven by fuel expenses. The company added that the decision also reflects its commitment to maintaining steady supply and improving efficiency in Nigeria’s downstream aviation fuel market, where cost volatility has been a major concern for operators. Industry reports indicate that the latest adjustment is intended to support airlines by reducing input costs while ensuring consistent availability of Jet A1 fuel, which has seen significant price fluctuations in recent months. Analysts say the move could provide short-term relief to airlines, many of which have previously warned that rising aviation fuel costs were threatening operations and increasing ticket prices for passengers.

The Dangote Refinery, which has increasingly become a key supplier in Nigeria’s deregulated fuel market, has been adjusting prices in response to global oil trends and domestic demand pressures, while also expanding direct supply arrangements with airline operators. Officials also noted that the pricing adjustment is aimed at ensuring uninterrupted fuel availability, reducing supply bottlenecks, and supporting broader stability in Nigeria’s aviation sector.