Nigeria’s aviation fuel market received fresh relief on Saturday as the Dangote Petroleum Refinery reduced its ex-depot Jet A1 price by ₦100 per litre, bringing the loading price down to ₦1,550 from ₦1,650. Petroleumprice.ng confirmed the price adjustment from a source at the refinery, indicating that the new rate has taken immediate effect for marketers and bulk buyers.
The latest reduction comes amid growing evidence of abundant product availability from the refinery. Data reviewed by Petroleumprice.ng shows that Dangote Refinery exported 476,099 metric tonnes of Jet A1 aviation fuel in May 2026 alone, supplying customers across Europe, North Africa and West Africa through 10 cargoes lifted by major global traders including BP, Vitol, Trafigura, Unipec and ADNOC.
The price cut also follows recent reports that Dangote Refinery has emerged as the world's largest exporter of jet fuel, a milestone that highlights its growing influence in international aviation fuel markets. Industry analysts say the refinery's ability to simultaneously meet domestic demand and serve export markets underscores the scale of its production capacity and operational efficiency.
Market participants further note that the refinery is currently undergoing optimisation efforts aimed at increasing crude processing capacity to 700,000 barrels per day, up from its nameplate capacity of 650,000 barrels per day. The expansion is expected to strengthen the availability of refined products, including aviation fuel, diesel and petrol, while enhancing Nigeria's position in global petroleum product trade.
For airlines, the latest Jet A1 price reduction offers a welcome relief at a time when fuel remains the industry's largest operating expense. Analysts believe the combination of rising refinery output, strong export performance and increased domestic supply could support greater price stability in the aviation fuel market in the months ahead.