(3 minutes read)
· The Nigerian National Petroleum Corporation (NNPC) announced
a 17.94 per cent reduction in the ‘ex-depot’ price of petrol. The
price was reduced from N113.28k per liter petrol to about N108.00K per
litre.
· The Nigerian aviation ministry disclosed that the huge loss
is associated with lack of activities at the sector whose income
solely depends on flight operations.
The Nigerian National Petroleum Corporation (NNPC) announced a 17.94
per cent reduction in the ‘ex-depot’ price of petrol. The price was
reduced from N113.28k per liter petrol to about N108.00K per litre.
Nigeria’s aviation sector has been losing about N21 billion monthly
since the outbreak of COVID-19 in the country.
The Nigerian aviation ministry disclosed that the huge loss is
associated with lack of activities at the sector whose income solely
depends on flight operations. The Nigerian government had on March 23
shut all international airports in the country for an initial period
of one month, which was subsequently rolled over. Local airports were
also shut days later.
