The Managing Director of the Nigerian Airspace Management Agency, Capt. Fola Akinkuotu, has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the Nigerian content development initiative of the Federal Government.
According to Akinkuotu, due to the high cost of aviation fuel, it accounts for over 30 per cent of the operational costs of domestic carriers. “Apart from cost, the supply of the product is sometimes epileptic, resulting in flight disruptions. The production of aviation fuel, otherwise known as Jet A1, in Nigeria will regularise supply, bring about reduced cost, which will also translate to lower air fares by airlines,” he said.
The NAMA MD was quoted to have stated this at the annual Health, Safety, Security and Environment forum of PSRG-Richardson Oil and Gas in Lagos, where he spoke on ‘Aviation safety in Nigeria – Challenges, issues and solutions’. He also stated that the high costs of aircraft maintenance was atrocious, largely because these costs were domesticated in dollars.
Source: The Punch