NNPC gives reasons for aviation fuel scarcity

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The Nigerian National Petroleum Corporation (NNPC) has said that scarcity of Aviation Turbine Kerosene  (ATK) has more to do with the inability of airlines to pay for the product than its alleged scarcity, The Nation reports.

The Corporation said the introduction of the cash-and-carry policy by marketers as a  result of the huge debts  being owed by the airlines, was the main cause of the scarcity.

NNPC’s Group Managing Director, Dr Maikanti Baru, who spoke when the management of the Nigerian Television Authority (NTA), visited the corporation, said NNPC has taken steps to ensure adequate supply of the product with the importation of over 45 million litres.

 

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