Fresh data obtained by NigerianFLIGHTDECK shows Aviation Turbine Kerosene, ATK Prices rising sharply across major Nigerian cities. The increase is driving concerns over inflation and aviation costs. Airlines and passengers now face renewed financial pressure.
ATK, also called Jet A-1 fuel, powers aircraft operations globally. It accounts for about 35 per cent of airline operating costs. Therefore, any spike in ATK Prices directly impacts ticket fares.
According to March 19, 2026, figures, Lagos recorded ₦2,103. Meanwhile, Port Harcourt and Abuja posted ₦2,143. Kano reached ₦2,203, the highest among the cities.
However, recent data shows a steep upward trend in ATK Prices. On February 18, Lagos recorded ₦993, while Abuja and Port Harcourt stood at ₦1,043. Kano followed at ₦1,048.
By March 6, prices surged to ₦1,403 in Lagos. Abuja and Port Harcourt climbed to ₦1,453, marking over 40 per cent growth. This sharp increase occurred within three weeks.
Meanwhile, March 10 data showed further increases. Lagos rose to ₦1,603, while Abuja and Port Harcourt hit ₦1,703. Kano climbed to ₦1,753, reflecting a 17 per cent rise in just four days.
The March 19 figures represent the sharpest jump yet. ATK Prices climbed over 30 per cent in nine days. Overall, the fuel cost has risen by more than 100 per cent within one month.
Global ATK Prices
According to the latest International Air Transport Association (IATA) Jet Fuel Price Monitor data, global jet fuel prices have soared nearly 83% over the past month, with average into‑wing ATK prices climbing to around $175 per barrel. The dramatic rise in ATK prices has intensified cost pressures on airlines worldwide, squeezing margins and prompting carriers to reassess pricing strategies.
The spike, driven in part by geopolitical tensions in the Middle East and broader crude oil market volatility, has pushed carriers to adjust fuel surcharges and ticket prices, and rethink capacity deployment in key regions. Aircraft operating costs, traditionally expressed relative to available tonne kilometres (ATKs), have also risen sharply as airlines absorb these elevated fuel costs.
Industry analysts warn that continued volatility in ATK prices will make financial planning more challenging, as sudden surges leave little time for airlines to hedge fuel risk or adapt network operations effectively. The latest IATA data underscores how energy cost swings especially through widely traded jet fuel benchmarks ripple through airline financials and passenger fares.
The impact on domestic airlines is already visible. Carriers are expected to raise fares by 30 to 70 per cent. This adjustment aims to offset rising operational costs.
Meanwhile, key routes such as Lagos-Abuja may see sharper increases. Last-minute bookings are also likely to become more expensive. Airlines may introduce fuel surcharges to manage the pressure.
In addition, operators could cut flight frequencies. Less profitable routes may face suspension. This could reduce connectivity across secondary destinations.
Cargo operations will also feel the strain. Higher air freight costs may push up prices of goods. Time-sensitive shipments will be most affected.
Industry analysts project further fare increases if ATK Prices remain high. Domestic tickets could reach ₦150,000 to ₦350,000 on major routes. Already, air fares domestically for return tickets as viewed on different airline websites range from ₦92,000 for one way to about ₦289, 000 for one-way tickets. Peak travel periods may see even higher fares.
Nigerians are still recovering from high Christmas travel costs. Meanwhile, the current surge threatens to deepen passenger strain. Air travel may become less accessible for many.
Experts warn that intervention is necessary. However, the question asked is where from? Improved refining capacity could help stabilise prices however global impact has equally affected Nigeria’s largest producer, Dangote as well as importers
Globally, bodies like the International Air Transport Association continue to monitor fuel trends. They warn that sustained increases could disrupt airline recovery efforts.
Ultimately, the surge in ATK Prices reflects deeper structural challenges. Without swift action, the aviation sector may face prolonged instability. Air travel could become increasingly unaffordable in Nigeria.
