The International Air Transport Association (IATA) says it is consulting with foreign member airlines operating in Nigeria to verify the release of $136.73 million by the country’s central bank, stating
Tag "trapped funds"
The federal government says it is currently working to pay off international airlines whose funds are trapped in the country. Festus Keyamo, minister of aviation and aerospace development, disclosed this
The senate, on Wednesday, asked the Central Bank of Nigeria (CBN) to release the $717.4 million foreign airlines’ funds trapped in the country. The red chamber also called on the
Emirates Airline says a substantial balance of its revenue trapped in Nigeria is yet to be repatriated. The airline, in a statement on Friday, called for a ‘committed strategy’ by
The International Air Transport Association (IATA) says foreign airlines’ revenue blocked from repatriation by the Nigerian government has increased to
Trapped funds: Travel agencies seek FG intervention over ‘unfair’ ticket pricing by foreign airlines
The National Association of Nigeria Travel Agencies (NANTA) has called on the Federal Competition and Consumer Protection Commission ( FCCPC)
Hadi Sirika, minister of aviation, says Nigeria will not succumb to threats by foreign airlines to shut down operations in
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says $120 million will be released to international airlines to
The leadership of the house of representatives, on Monday, intervened in the dispute between Nigeria and foreign airlines. The meeting
The National Association of Nigeria Travel Agencies (NANTA) says the continued increase in the price of local and international air
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