The Honourable Minister of Aviation & Aerospace Development of Nigeria, Barrister Festus Keyamo, SAN has called for collaboration among stakeholders to tackle the challenges facing Nigeria’s aviation fuel sector. The Minister made the call at a Colloquium organized by aviation fueling company, CITA Energies Limited and League of Airport and Aviation Correspondents (LAAC) in Lagos.
The Honourable Minister, who was represented by the Director of Public Affairs and Consumer Protection, Federal Airports Authority of Nigeria (FAAN), Mr. Henry Agbebire commended LAAC for “its consistency in creating platforms like this that stimulate meaningful discussions around our industry’s growth.” The event was held under the theme “Aviation Fuel Business: The Scenario and the Metaphor”, a topic the Minister described as both “timely and thought-provoking, touching on one of the most critical determinants of efficiency, affordability, and sustainability in our aviation ecosystem.”
Barr. Keyamo said: “aviation fuel sits at the very heart of airline operations and does not only represent a key cost driver for airlines but also a strategic index of national logistics and economic vitality.”
According to him, “the “scenario” reminds us of the present realities: fluctuating prices, supply vulnerabilities, and infrastructural challenges;” while the “metaphor” calls on stakeholders to “look beyond the surface: to envision a new energy paradigm that supports growth, innovation and environmental responsibility in Nigeria’s aviation sector.”
The Minister reaffirmed the Federal Government’s commitment to implementing policies that will ensure the “availability, accessibility, and affordability of aviation fuel.” He also emphasized that the Ministry is focused on promoting “dialogue between government, oil marketers, and airline operators to create a fair and transparent fuel supply chain that supports both economic sustainability and operational excellence.”
Keyamo urged participants to use the platform not just to analyse the sector’s challenges but to “speak freely, think boldly, and help chart a course for a stronger and more sustainable aviation industry.”