The Nigerian federal government has announced that Dangote Refinery has been designated as the sole supplier of jet fuel, also known as Jet A1, to all airline operators within the country.
This revelation was made by the Minister of Aviation, Festus Keyamo, during an interview on Channels TV on Tuesday, October 8.
Keyamo explained that airline operators had agreed to source their jet fuel exclusively from Dangote’s 650,000 bpd refinery, following consultations with him.
“The airline operators just met recently. With my blessing, it’s a decision from the airline operators in Nigeria that they should only buy from Dangote refinery Jet A1,” Keyamo revealed.
He further added that the arrangement aligns with the recent naira-for-crude agreement initiated between Dangote and the federal government, ensuring transactions are conducted in local currency.
“You can see that yesterday we started a naira-for-crude purchase with Dangote. It’s all Naira, no Dollar component,” Keyamo said.