Former Managing Director of the Federal Airports Authority of Nigeria FAAN Dr Richard Aisuebeogun, has commended government efforts in creating an enabling environment for private investment in the downstream sector.
Aisuebeogun who made this known while delivering a keynote address at the CITA Energies Colloquium urged airlines to patronise locally refined aviation fuel as a show of support for national economic sustainability.
“The establishment of the Dangote Refinery demonstrates the government’s commitment to private sector-led growth,” Aisuebeogun said.
“We must now patronise products from the refinery, especially jet fuel, to strengthen the local economy and reduce dependence on imports.”
He also emphasised the importance of regulatory enforcement under Part 18 of the NCAA Regulations, which mandates that aviation fuel suppliers maintain a minimum storage capacity of seven days.
“NCAA should go beyond infrastructure regulation and ensure that every operator and marketer in the sector is properly certified,” he added.
The speakers at the event unanimously agreed on the need for stronger collaboration among government agencies, fuel marketers, and airlines to ensure transparency, price stability, and quality assurance in the aviation fuel value chain.
“We must hold regular consultative meetings to identify industry challenges and develop solutions collaboratively,” Aisuebeogun concluded. “Only through cooperation between the public and private sectors can we build a sustainable aviation fuel ecosystem that supports Nigeria’s economic growth.”
The CITA Energies Colloquium brought together major stakeholders across the aviation and energy sectors to deliberate on challenges affecting the aviation fuel supply chain, with discussions centred on cost efficiency, regulatory enforcement, and the transition toward sustainable local production.
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