International Airlines to Reduce Flights to Nigeria Next Year
The airlines, according to sources, are aggrieved that they cannot exchange billions of revenue in Naira in their possession to dollars and repatriate to their various countries because of the new fiscal policies of the Central Bank of Nigeria (CBN).
The International Air Transport Association (IATA), recently pleaded with the Governor of CBN, Godwin Emiefele to intervene in the matter and make dollars available to the airlines. Nothing has been gone anything yet; although he gave assurances to the world body, a close source told THISDAY.
The foreign airlines also had met with the Minister of Transportation, ChibuikeAmaechi and urged him to look into their case but nothing concrete has been done on the matter. Details