The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has earned praise from an oil sector advocacy group for its decisive intervention in stabilizing the aviation fuel market. By issuing timely clarifications on Jet A1 availability and pricing, NMDPRA eased tensions among airline operators and stakeholders, averting potential flight disruptions.
In a statement signed by Executive Director Tunde Adeyemi, the group highlighted NMDPRA’s data-driven disclosure confirming over 70 days of fuel sufficiency, which countered rampant speculation about price spikes and higher airfares. This transparency calmed anxieties in the aviation ecosystem at a critical juncture, showcasing the regulator’s commitment to facts over misinformation.
NMDPRA’s emphasis on the market-driven nature of Jet A1 pricing—shaped by global oil trends, forex fluctuations, and logistics—fostered informed decision-making and realistic expectations. The authority also spotlighted the benefits of domestic refining, with locally produced aviation fuel sold below international benchmarks, underscoring Nigeria’s strengthening downstream resilience.
The group urged stakeholders to shun unverified claims and collaborate responsibly, crediting NMDPRA’s proactive leadership for sustaining market stability and sector confidence.
