#fuel costs

A report examines the comparison of petrol prices in South Africa with those in other African countries, highlighting the variations from the highest to the lowest prices. It also discusses the factors that influence these costs across the continent.

According to Onyema, Nigerian airlines are increasingly reliant on bank loans due to rising fuel costs. This statement follows the recent announcement by Dangote Petroleum Refinery, which reduced the price of aviation fuel (Jet A1) to N1,450 per litre. The situation underscores the ongoing challenges faced by domestic airlines in Nigeria amid fluctuating fuel prices.