Business
NMDPRA Praised for Ensuring Aviation Fuel Stability and Preventing Crisis
CEMIS commends NMDPRA aviation fuel market stabilisation efforts, saying regulator’s intervention eased tensions and ensured Jet A1 supply clarity in Nigeria
An oil sector advocacy group, the Centre for Energy Market Integrity and Sustainability (CEMIS), has praised the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for its role in stabilising the aviation fuel market.
Also read: FG Lifts Petrol Import Ban as Nigeria Approves New Licences Amid Supply Concerns
CEMIS Hails NMDPRA for Stabilising Aviation Fuel Market, statement followed recent regulatory interventions that helped calm tensions within the aviation sector and reduce fears of possible disruptions to air travel.
According to the group, the regulator’s clarification on Jet A1 fuel availability and pricing came at a crucial time, helping to address uncertainty among airline operators and market participants.
CEMIS Executive Director, Tunde Adeyemi, noted that confirmation of more than 70 days of aviation fuel sufficiency reflected a stable supply outlook and helped counter misinformation about potential price spikes.
The group also stressed that aviation fuel pricing is influenced by global crude oil trends, foreign exchange movements, and logistics costs, making transparency essential for market stability.
CEMIS further highlighted the growing role of local refining, saying domestically produced aviation fuel trading slightly below international benchmarks signals improved capacity and reduced vulnerability to external shocks.
The organisation urged stakeholders to avoid spreading unverified claims that could destabilise the market, calling instead for responsible engagement across the sector.
Also read: Nigeria LPG Supply Falls Amid Rising Prices and Middle East Crisis
It also encouraged the Federal Government to continue strengthening regulatory institutions, noting that consistent oversight is key to sustaining progress in both the energy and aviation industries.
Africa’s technology ecosystem has produced innovative fintech, e-commerce and digital service companies. But there is another important part of the technology value chain that deserves attention: semiconductor engineering.
ChipMango is developing capabilities in chip design, verification and emerging hardware technologies. Its story demonstrates the kind of specialised innovation that deserves greater investment and attention.
Through Boost Africa, a joint initiative of the European Investment Bank (EIB) and African Development Bank, supported by the EU, the EIB helps channel investment through venture capital funds to innovative African enterprises. Discover how this
investment ecosystem is helping create opportunities for businesses working on Africa’s technological future.
Watch the video:
From smartphones and laptops to vehicles and AI systems, semiconductors are essential to modern technology. Yet, the expertise required to design these components remains concentrated in a relatively small number of global
technology hubs.
ChipMango is working to expand access to semiconductor engineering skills and commercial opportunities for African engineers. Its journey also highlights why initiatives such as EIB’s Boost Africa matter. By supporting venture capital funds investing in innovative African businesses, Boost Africa helps strengthen the financing ecosystem needed to develop specialised technology companies. Watch the video to learn how ChipMango is contributing to Africa’s place in the global technology industry.
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Business
ChipMango: Building Nigeria’s Semiconductor Engineering Capabilities for the Global Tech Industry
Africa’s participation in the global technology industry should go beyond
using digital products and services.
African engineers also have an opportunity to contribute to the technologies themselves, including the semiconductors that power smartphones, computers, vehicles and artificial intelligence.
Nigerian semiconductor technology company ChipMango is working to develop this capability by connecting engineering education with practical chip-design and verification projects.
Through its investment in African venture capital funds, the European Investment Bank (EIB), under the Boost Africa
initiative, is helping strengthen the ecosystem that supports innovative businesses like ChipMango.
Boost Africa is a joint initiative of the EIB and African Development Bank, supported by the European Union.
Watch the video to discover ChipMango’s story and the opportunities it is helping create.
Watch the video:
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