Dangote Petroleum Refinery & Petrochemicals has cut the price of aviation fuel (Jet A1) by ₦100, bringing the new rate to ₦1,650 per litre, as part of efforts to ease cost pressures on airlines and keep fuel supply steady across the country.

Alongside the price cut, the refinery introduced a 30-day interest-free credit arrangement for marketers and airline operators, backed by bank guarantees. It also moved from dollar-based pricing to a naira-denominated system for jet fuel transactions.

In recent weeks, domestic airlines have struggled with soaring jet fuel costs that climbed above ₦2,500 per litre, prompting some carriers to scale back flight schedules. With fuel forming a major portion of airline operating expenses, the refinery said the measures are intended to reduce procurement costs, support smoother operations, and help temper airfares.

The company noted that pricing in naira could shield operators from foreign exchange swings, while the credit window is expected to ease immediate cash flow demands. It added that the initiative is aimed at ensuring reliable jet fuel availability at airports and helping airlines maintain consistent services despite rising overheads.