Categories: BusinessNews

Domestic Airlines Demand Jet Fuel Import License

The domestic airlines under the aegis of Airline Operators of Nigeria, AON on Monday, demanded that the Federal Government should allow operators to procure the requisite license for the importation and distribution of aviation fuel, popularly called JetA1.

AON also asked the government to provide a dedicated support line for domestic airlines to access foreign exchange from the Central Bank of Nigeria, CBN in order to enable the carriers to meet their obligations to air travelers.

They made the call during a courtesy visit to the Minister of Aviation, Festus Keyamo, at his office in Abuja.

The President of AON, Abdulmunaf Yunusa, said the purpose of the visit was to brief the minister about the challenges in the sector and proffer solutions, as well as congratulate him on his recent appointment.

The association made a presentation to the minister, where they said there was an urgent need to ensure the adequate supply of aviation fuel in the sector.

They noted that airline operators were the end users and should be granted permission to penetrate the market to source aviation fuel and distribute it, stressing that AON had been denied that right for a long time.

The group, also told the aviation minister that the issue of forex had become a major challenge for the operators.

They therefore called on the Federal Government to establish and provide a dedicated support line for domestic airline operators to have unfettered access to foreign exchange through the CBN at the official I & E window in support of local and international transactions.

Responding, Keyamo said the challenge of forex had been lingering, but promised that “the ministry will liaise with the CBN to see how operators can get forex at a single-digit interest rate of 1.5 to two percent as requested.”

He then charged the operators to always ensure the safety of their airlines, stressing that this was key to the success of the aviation industry

VOP Lagos

Recent Posts

Bail Revoked: Malami Family Back in Custody Over Alleged Money Laundering

A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…

2 hours ago

Forensic Experts Recover 105 Bodies from Yelwata Mass Graves as Probe into June 2025 Attack

Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…

2 hours ago

Supreme Council for Sharia in Nigeria Rejects Foreign Pressure Over Islamic Law

The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…

3 hours ago

Adamawa Governor Fintiri Leads Mass Defection to APC

Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…

7 hours ago

Worker Killed as Soldiers Clash With Government Enforcement Team in Ogun State

Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…

8 hours ago

Abaribe, Natasha, Ireti Snubbed as Tinubu Hosts Iftar at Aso Villa

President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…

1 day ago