By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, Oct 8, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsBusinessHot NewsNational

Aviation fuel price may force Airlines to fly from Ghana

9News Nigeria
Last updated: August 20, 2016 1:06 pm
By 9News Nigeria - News room
Share
5 Min Read
Murtala Muhammed International Airport Lagos
Murtala Muhammed International Airport Lagos
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

Some international airlines, which hitherto had their operational bases in Nigeria, have started relocating their offices to Accra, Ghana from where they come to pick passengers in Nigeria.
The airlines, THISDAY gathered, cited the poor value of the naira, high cost and paucity of aviation fuel as some of the reasons for their relocation.

Already, one of the major international operators in Nigeria, Emirates started last Sunday to pick up Nigerian passengers and take them to Accra, where it refuels and before heading back to Dubai, its operational hub.

THISDAY also gathered that some other airlines are already opening their Accra offices, while some have started both Accra and Lagos flights.

The Chairman of Airline Operators of Nigeria (AON), Capt Nogie Meggison, who confirmed Emirates latest decision said other foreign airlines may follow suit because of the high cost of aviation fuel, which is hurting air transport business in Nigeria. He noted that some of the airlines may even begin to attract Nigerian passengers to travel to Ghana to board international flights.

While aviation fuel is sold at N200 to N250 per litre in Nigeria, the product is sold at N110 per litre in Accra as the West African neighbouring country reduced the price of the product by 20percent about two weeks ago.

Meggison said that Ghana may also use the price of aviation fuel, known as Jet A1 to attract more foreign airlines operating into Nigeria to move to Accra, a development, which he said will hurt hotel and logistics supply businesses in Nigeria.
He also noted that domestic airlines would also lose connecting passengers from other destinations to Lagos and Abuja where they board international flights.

BREAKING: FBI foils alleged ISIS-inspired mass shooting plot in the U.S
Lawmakers getting Payments, Cars to step down for APC Candidates — Galadima
Uzodinma appoints Onuegbu Deputy Chief of Staff
NLC declares indefinite strike in FCT over teachers’ promotion dispute

“AON condemns this new move because it will affect Nigeria adversely because when this is done Nigerian airlines operations will be curbed and it will end up shutting our economy. With Emirates move to Ghana Transcorp has lost 18 crew, engineers and logistics service providers,” he said.

Meggison also frowned on what some industry observers described as the cartel of oil marketers that arbitrarily fix price of aviation fuel to boost their profits. He noted that as they make profits from the aviation fuel they are stifling Nigeria’s economy because they drive away foreign airlines out of the country, adding that the international carriers are learning to wait at Nigeria’s neighbouring countries for Nigerian passengers because of the harsh operational environment due to government’s inimical policies and seeming insensitivity to the fact that Nigeria’s economy is suffering.

The AON Chief said Mobile and Total are making excess profits from their downstream operations because of the run-away revenues they generate from the sale of aviation fuel.

Meggison said AON should be given allocation to start importing Jet A1, noting that domestic carriers need about 1.2 million litres of fuel a day.

The secretary of Aviation Round Table (ART) and former Commandant of the Murtala Muhammed International Airport, Lagos, Group Captain John Ojikutu (retd) said that oil marketers have priced aviation fuel out of reality, pointing out that by selling the product from N200 per litre it is no more in consonance with the exchange rate.

“When dollar was sold for N165 the price of aviation fuel was about N80.00 per litre. Now the price of dollar has doubled, so ideally the price of aviation fuel should be about N160.00. By selling the product for N200 and above, the marketers are trying to kill the air transport industry, which is a catalyst to every nation’s economy.”

When contacted however, the PR agency, JSP that handles Emirates media service said it was unaware that Emirates had moved to Ghana and expressed doubt that the airline could be operating from Accra to pick passengers in Lagos.

This post was syndicated from THISDAYLIVE

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
By9News Nigeria
News room
Follow:
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
Previous Article Trump seeks African American votes Donald Trump made a direct appeal to African-American voters, saying “What do you have to lose?”
Next Article Nigeria which question mark Restructure Nigeria now before it is too late – CHANGE GROUP
Search
– Advertisement –
Latest News
  • BREAKING: FBI foils alleged ISIS-inspired mass shooting plot in the U.S October 7, 2026
  • Man allegedly stabs customer to death over N500 in Jigawa October 7, 2026
  • What Ow West Stands to Gain if Kanayo Onyemaechi Is Elected for a Third Term October 7, 2026
  • Oyo Police arrest three suspects over brutal murder of couple and four children October 7, 2026
  • Ghana Commences Cedi-to-China-Yuan Payments System, Cutting Dollar Dependence October 7, 2026
  • AAU lecturer dies after alleged hotel encounter with 21-year-old sex worker October 7, 2026
  • Lawmakers getting Payments, Cars to step down for APC Candidates — Galadima October 7, 2026
  • Over 1,000 Northern Islamic Clerics Reject Tinubu’s 2027 Re-Election Bid October 7, 2026
  • Uzodinma appoints Onuegbu Deputy Chief of Staff October 7, 2026
  • NLC declares indefinite strike in FCT over teachers’ promotion dispute October 7, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

FB IMG 1791375444038
Latest NewsAccidents

NAF Deploys Sonar Search as Details of Crash Victims Emerge

October 7, 2026
CNN gets new owner as Trump ally seals $81bn Warner buyout
USABreaking News

CNN gets new owner as Trump ally seals $81bn Warner buyout

October 6, 2026
Screenshot 20261006 164205 1
National

2027: INEC Sets October 9 -15 For Nationwide Display Of Voters’ Register

October 6, 2026
INEC
Nigeria NewsNational

INEC Staff least paid in Nigeria — Amupitan

October 6, 2026
Screenshot 20261006 152122 1
National

APC Chairman Yilwatda condoles with families, NAF over Ondo crash

October 6, 2026
Screenshot 20260915 175836
NationalNigeria Politics

2027: Nigerian Voters Say Candidates, Not Parties, Will Decide

October 6, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d