Jet fuel shortage threatens to halt aviation the industry
Nigerian airlines use 1.6 million gallons of fuel per day, whereas foreign carriers and private jet operators demand around 800,000 litres per day
Oil marketers have raised the price of jet fuel from 190 to 700 Nigerian Naira per litre in May since January of this year
New firms with no industry precedents have sprouted up to offer the product to airlines.
The non-availability of most vessels that transport the commodity to Nigeria may raise the price