AVIATION AGENCY ADVOCATES LOCAL AVIATION FUEL PRODUCTION

The Nigerian Airspace Management Agency has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the Nigerian content development initiative of the Federal Government.

Managing Director of the Agency, Captain Fola Akinkuotu, who disclosed this added that due to the high cost of aviation fuel, it accounts for over 30 per cent of the operational costs of domestic carriers.

Captain Akinkuotu also stated that the high cost of aircraft maintenance was atrocious, largely because these costs were domesticated in dollars.

He however, noted that efforts were being made by the Federal Government to set up a Maintenance, Repairs and Operations facility as part of strategic plans to reduce capital flight, lower the number of times aircraft leave the country for repairs and lower the cost of maintenance.

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