The Nigerian National Petroleum Corporation (NNPC)yesterday said it has intervened with 38.7 million litres of Aviation Turbine Kerosene (ATK) popularly called aviation fuel.
The Group Managing Director of the corporation, Dr. Maikanti Baru, who disclosed this in Abuja yesterday, said the giant step was taken to forestall shortage of the product, a situation that recently led to reported cases of flight delays and cancellations across the nation’s airports.
However, the airfares still remain relatively high at a time travellers are rushing for the end of year festivities.
The average return ticket for Abuja-Lagos was N72,000 last week.
Dr. Baru was quoted in a statement as saying that with the build-up to the yuletide period, the corporation had exceeded the demand of marketers.
The GMD explained that the NNPC had imported about 38.7 million litres of aviation fuel which represented about 26-day sufficiency.
He added that on December 14, 2016, the corporation completed the discharge of 8,800MT which represented about 10.6 million litres to major terminals in the country.
“In addition, as at this morning (yesterday), 23,500MT which represented about 28.2 million litres was being discharged to the major oil terminals.
“In order to sustain the tempo, the corporation had also secured the supply of additional 30,000MT vessel of ATK which represented about 36 million litres expected to berth Nigerian shores before the end of the year,” he stated.
