Dangote Refinery Lowers Jet Fuel Price to N1,650, Easing Costs for Airlines and Passengers

• Grants marketers, airline operators 30‑day interest‑free credit facility, naira‑based pricing

Dangote Petroleum Refinery & Petrochemicals has lowered the price of its aviation fuel (Jet A1) to N1,650 per litre from N1,750 per litre, a move designed to ease cost pressures on airlines and maintain an uninterrupted fuel supply nationwide.

The company also introduced a 30‑day interest‑free credit facility backed by bank guarantees for marketers and airline operators, and switched from a dollar‑denominated pricing structure to a naira‑based model.

Group Chief Branding and Communications Officer of Dangote Group, Mr Anthony Chiejina, announced the changes in a statement released yesterday.

These measures come as domestic carriers face mounting operational costs, with aviation fuel representing a large share of airline expenses.

Industry stakeholders have warned that rising Jet A1 prices were exerting severe financial strain on operators and threatening the sustainability of flight operations.

According to the statement, the refinery’s decision is expected to provide relief to airline operators by reducing fuel procurement costs, enhancing operational stability, and supporting efforts to moderate airfares.