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The House of Representatives yesterday secured the cooperation of NNPC.

todayMay 10, 2022 10

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The House of Representatives yesterday secured the cooperation of the Nigerian National Petroleum Corporation NNPC to make available six million liters of JETA1 also known as aviation fuel to marketers chosen by the Airlines Operators of Nigeria AON.

The deal which was struck at a meeting with AON representatives at the National Assembly has stakeholders like the representatives of the Federal Ministry of Petroleum Resources, Ministry of Aviation, Central Bank of Nigeria, NNPC, Midstream and Downstream Petroleum Regulatory Authority, the Nigerian Civil Aviation Authority, Nigerian Airspace Management Authority, among others.

Part of the resolutions reached at the meeting, which lasted for over three hours, after AONhad threatened to shut down local airline services, included that as a long term solution, the airline operators must commence the process of securing a license for the importation of aviation fuel as soon as possible, to avoid suspicion over the landing cost of the product and other associated logistic issues.

The Midstream and Downstream Petroleum Regulatory Authority was also mandated to, as much as possible, grant waivers that do not touch on the security and safety of the country for importers of the products.

Written by: urbanradio042

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todayMay 10, 2022 9

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