The honourable Minister of Aviation Sen. Hadi Sirika says the ongoing scarcity of aviation fuel (AI JET) will end if Port Harcourt and Dangote refineries commence operation.
He disclosed this while addressing State House correspondents on Tuesday. Sirika said:
“The scarcity and high cost of Jet A1 in civil aviation, is not peculiar to Nigeria. It is a global phenomenon driven by many factors. Some of them include even low capacity to refine the product. “It is also in high demand around the world, it has increased activity and increased the number of aeroplanes out there and users of this jet A1. Plus also the Ukraine crisis and many more."
“It is a time when crude itself is so expensive today, it is in the hundreds of dollars per barrel and not only the high cost of Jet A1 product in Nigeria. Also, the peculiarity of the fact that we’re not refining the product, so to speak."
“And I did address the press a couple of days ago, saying that, by the grace of God, perhaps once the Dangote refinery is online or if the government fixes the Port Harcourt refinery, which is now ongoing, we will begin to refine this product and sell it."
Comments
Post a Comment