NMDPRA denies N3,300 aviation fuel price hike, says supply stable.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has moved to reassure the public and key stakeholders in the aviation sector that there is no immediate threat of aviation fuel scarcity or an extreme price surge in the country. According to the regulatory agency, Nigeria currently has a combined aviation fuel stock sufficiency of 74 days, a level it described as adequate to guarantee stability in supply across the country. This stock is made up of inland reserves covering […]