Industry sources said the sustained increase in the price of aviation fuel was worsened by the high exchange rate. As of yesterday, the dollar was exchanged for between N490 and N495 in the parallel market.
Some operators link the price hike to the significant rise in airfares with a one-way Lagos-Abuja ticket reaching N120,000 last week.
There are even fears of fuel contamination in some quarters which experts say could threaten flight safety.
Engr. Femi Adeniji of Tropical Arctic Logistics, a helicopter operator who confirmed the current price said any jet fuel cheaper than N270 could have been contaminated.
Operators, however, said only local refining could arrest the consistent increase in the price of jet fuel.